Shorepower Technologies Stock Probability of Future OTC Stock Price Finishing Over 0.0421
| SPEV Stock | 0.04 0.01 12.50% |
Shorepower |
Shorepower Technologies Target Price Odds to finish over 0.0421
The tendency of Shorepower OTC 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 stay above 0.04 in 90 days |
| 0.04 | 90 days | 0.04 | roughly 2.1 |
Based on a normal probability distribution, the odds of Shorepower Technologies to stay above 0.04 in 90 days from now is roughly 2.1 (This Shorepower Technologies probability density function shows the probability of Shorepower OTC Stock to fall within a particular range of prices over 90 days) . Probability of Shorepower Technologies price to stay between 0.04 and its current price of 0.045 at the end of the 90-day period is about 1.25 .
Given the investment horizon of 90 days Shorepower Technologies has a beta of -0.64. This usually implies as returns on the benchmark increase, returns on holding Shorepower Technologies are expected to decrease at a much lower rate. During a bear market, however, Shorepower Technologies is likely to outperform the market. In addition to that Shorepower Technologies has an alpha of 2.1202, implying that it can generate a 2.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Shorepower Technologies Price Density |
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Predictive Modules for Shorepower Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shorepower Technologies. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shorepower Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Shorepower Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shorepower Technologies is not an exception. The market had few large corrections towards the Shorepower Technologies' 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 Shorepower Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shorepower Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.12 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
Shorepower Technologies 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 Shorepower Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shorepower Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shorepower Technologies is way too risky over 90 days horizon | |
| Shorepower Technologies has some characteristics of a very speculative penny stock | |
| Shorepower Technologies appears to be risky and price may revert if volatility continues |
Shorepower Technologies Technical Analysis
Shorepower Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Shorepower OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shorepower Technologies. In general, you should focus on analyzing Shorepower OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Shorepower Technologies Predictive Forecast Models
Shorepower Technologies' time-series forecasting models is one of many Shorepower Technologies' otc 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 Shorepower Technologies' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Shorepower Technologies
Checking the ongoing alerts about Shorepower Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shorepower Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shorepower Technologies is way too risky over 90 days horizon | |
| Shorepower Technologies has some characteristics of a very speculative penny stock | |
| Shorepower Technologies appears to be risky and price may revert if volatility continues |
Additional Tools for Shorepower OTC Stock Analysis
When running Shorepower Technologies' price analysis, check to measure Shorepower Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shorepower Technologies is operating at the current time. Most of Shorepower Technologies' value examination focuses on studying past and present price action to predict the probability of Shorepower Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shorepower Technologies' price. Additionally, you may evaluate how the addition of Shorepower Technologies to your portfolios can decrease your overall portfolio volatility.