Grupo Simec Sab Stock Probability of Future Stock Price Finishing Under 26.22
| SIM Stock | USD 26.52 0.04 0.15% |
Grupo |
Grupo Simec Target Price Odds to finish below 26.22
The tendency of Grupo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 26.22 or more in 90 days |
| 26.52 | 90 days | 26.22 | about 12.36 |
Based on a normal probability distribution, the odds of Grupo Simec to drop to $ 26.22 or more in 90 days from now is about 12.36 (This Grupo Simec SAB probability density function shows the probability of Grupo Stock to fall within a particular range of prices over 90 days) . Probability of Grupo Simec SAB price to stay between $ 26.22 and its current price of $26.52 at the end of the 90-day period is about 7.8 .
Considering the 90-day investment horizon Grupo Simec SAB has a beta of -0.45. This usually implies as returns on the benchmark increase, returns on holding Grupo Simec are expected to decrease at a much lower rate. During a bear market, however, Grupo Simec SAB is likely to outperform the market. Additionally Grupo Simec SAB has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Grupo Simec Price Density |
| Price |
Predictive Modules for Grupo Simec
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo Simec SAB. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Grupo Simec Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grupo Simec is not an exception. The market had few large corrections towards the Grupo Simec's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Grupo Simec SAB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grupo Simec within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 0.94 | |
Ir | Information ratio | -0.02 |
Grupo Simec Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Grupo Simec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grupo Simec SAB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grupo Simec SAB generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: Top Dividend Stocks To Watch In December 2024 |
Grupo Simec Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Grupo Stock often depends not only on the future outlook of the current and potential Grupo Simec's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Grupo Simec's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.9 M | |
| Cash And Short Term Investments | 23.6 B |
Grupo Simec Technical Analysis
Grupo Simec's future price can be derived by breaking down and analyzing its technical indicators over time. Grupo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grupo Simec SAB. In general, you should focus on analyzing Grupo Stock price patterns and their correlations with different microeconomic environments and drivers.
Grupo Simec Predictive Forecast Models
Grupo Simec's time-series forecasting models is one of many Grupo Simec's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Grupo Simec's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Grupo Simec SAB
Checking the ongoing alerts about Grupo Simec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grupo Simec SAB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grupo Simec SAB generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: Top Dividend Stocks To Watch In December 2024 |
Check out Grupo Simec Backtesting, Grupo Simec Valuation, Grupo Simec Correlation, Grupo Simec Hype Analysis, Grupo Simec Volatility, Grupo Simec History as well as Grupo Simec Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.749 | Earnings Share 2.8 | Revenue Per Share 217.976 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0467 |
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.