Snre Stock Chance of Future Stock Price Finishing Over 58.41
| SNRE Stock | 47.22 1.29 2.66% |
SNRE |
SNRE Target Price Odds to finish over 58.41
The tendency of SNRE 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 move over 58.41 or more in 90 days |
| 47.22 | 90 days | 58.41 | near 1 |
Based on a normal probability distribution, the odds of SNRE to move over 58.41 or more in 90 days from now is near 1 (This SNRE probability density function shows the probability of SNRE Stock to fall within a particular range of prices over 90 days) . Probability of SNRE price to stay between its current price of 47.22 and 58.41 at the end of the 90-day period is about 34.18 .
Given the investment horizon of 90 days SNRE has a beta of 0.1. This usually implies as returns on the market go up, SNRE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SNRE will be expected to be much smaller as well. Additionally SNRE has an alpha of 0.7818, implying that it can generate a 0.78 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SNRE Price Density |
| Price |
Predictive Modules for SNRE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SNRE. 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.SNRE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SNRE is not an exception. The market had few large corrections towards the SNRE'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 SNRE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SNRE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.78 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | 0.16 |
SNRE 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 SNRE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SNRE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SNRE appears to be risky and price may revert if volatility continues | |
| SNRE was previously known as Sunrise Communications AG and was traded on NASDAQ Exchange under the symbol SNREV. | |
| SNRE currently holds 13.48 M in liabilities. SNRE has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SNRE's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SNRE currently holds about 113.3 K in cash with (2.06 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: UBS Group Begins Coverage on Sunrise Communications - Defense World |
SNRE Technical Analysis
SNRE's future price can be derived by breaking down and analyzing its technical indicators over time. SNRE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SNRE. In general, you should focus on analyzing SNRE Stock price patterns and their correlations with different microeconomic environments and drivers.
SNRE Predictive Forecast Models
SNRE's time-series forecasting models is one of many SNRE'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 SNRE'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 SNRE
Checking the ongoing alerts about SNRE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SNRE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SNRE appears to be risky and price may revert if volatility continues | |
| SNRE was previously known as Sunrise Communications AG and was traded on NASDAQ Exchange under the symbol SNREV. | |
| SNRE currently holds 13.48 M in liabilities. SNRE has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SNRE's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SNRE currently holds about 113.3 K in cash with (2.06 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: UBS Group Begins Coverage on Sunrise Communications - Defense World |
Check out SNRE Backtesting, SNRE Valuation, SNRE Correlation, SNRE Hype Analysis, SNRE Volatility, SNRE History as well as SNRE Performance. For information on how to trade SNRE Stock refer to our How to Trade SNRE Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Communication 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 SNRE. If investors know SNRE 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 SNRE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SNRE is measured differently than its book value, which is the value of SNRE that is recorded on the company's balance sheet. Investors also form their own opinion of SNRE's value that differs from its market value or its book value, called intrinsic value, which is SNRE'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 SNRE's market value can be influenced by many factors that don't directly affect SNRE'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 SNRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNRE'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.