Smg Industries Stock Probability of Future Pink Sheet Price Finishing Over 2.0E-4
| SMGI Stock | USD 0.0002 0.00 0.00% |
SMG |
SMG Industries Target Price Odds to finish over 2.0E-4
The tendency of SMG Pink Sheet 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 move above the current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 79.53 |
Based on a normal probability distribution, the odds of SMG Industries to move above the current price in 90 days from now is about 79.53 (This SMG Industries probability density function shows the probability of SMG Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days SMG Industries has a beta of 0.0696. This usually implies as returns on the market go up, SMG Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SMG Industries will be expected to be much smaller as well. Additionally SMG Industries 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. SMG Industries Price Density |
| Price |
Predictive Modules for SMG Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SMG Industries. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.SMG Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SMG Industries is not an exception. The market had few large corrections towards the SMG Industries' 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 SMG Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SMG Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.38 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.0009 | |
Ir | Information ratio | -0.13 |
SMG Industries 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 SMG Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SMG Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SMG Industries generated a negative expected return over the last 90 days | |
| SMG Industries has high historical volatility and very poor performance | |
| SMG Industries has some characteristics of a very speculative penny stock | |
| SMG Industries currently holds 17.16 M in liabilities. SMG Industries has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SMG Industries until it has trouble settling it off, either with new capital or with free cash flow. So, SMG Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SMG Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SMG to invest in growth at high rates of return. When we think about SMG Industries' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 52.11 M. Net Loss for the year was (11.14 M) with loss before overhead, payroll, taxes, and interest of (600.59 K). | |
| SMG Industries currently holds about 1.67 M in cash with (8.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 56.0% of the company outstanding shares are owned by corporate insiders |
SMG Industries 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 SMG Pink Sheet often depends not only on the future outlook of the current and potential SMG Industries' 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. SMG Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.7 M |
SMG Industries Technical Analysis
SMG Industries' future price can be derived by breaking down and analyzing its technical indicators over time. SMG Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SMG Industries. In general, you should focus on analyzing SMG Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
SMG Industries Predictive Forecast Models
SMG Industries' time-series forecasting models is one of many SMG Industries' pink sheet 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 SMG Industries' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about SMG Industries
Checking the ongoing alerts about SMG Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SMG Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SMG Industries generated a negative expected return over the last 90 days | |
| SMG Industries has high historical volatility and very poor performance | |
| SMG Industries has some characteristics of a very speculative penny stock | |
| SMG Industries currently holds 17.16 M in liabilities. SMG Industries has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SMG Industries until it has trouble settling it off, either with new capital or with free cash flow. So, SMG Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SMG Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SMG to invest in growth at high rates of return. When we think about SMG Industries' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 52.11 M. Net Loss for the year was (11.14 M) with loss before overhead, payroll, taxes, and interest of (600.59 K). | |
| SMG Industries currently holds about 1.67 M in cash with (8.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 56.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SMG Pink Sheet
SMG Industries financial ratios help investors to determine whether SMG Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SMG with respect to the benefits of owning SMG Industries security.