Spi Energy Co Stock Probability of Future Stock Price Finishing Under 0.01
| SPI Stock | USD 0.31 0 1.16% |
SPI |
SPI Energy Target Price Odds to finish below 0.01
The tendency of SPI 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 $ 0.01 or more in 90 days |
| 0.31 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of SPI Energy to drop to $ 0.01 or more in 90 days from now is near 1 (This SPI Energy Co probability density function shows the probability of SPI Stock to fall within a particular range of prices over 90 days) . Probability of SPI Energy price to stay between $ 0.01 and its current price of $0.31 at the end of the 90-day period is about 14.77 .
Considering the 90-day investment horizon SPI Energy has a beta of 0.14. This usually implies as returns on the market go up, SPI Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPI Energy Co will be expected to be much smaller as well. Additionally SPI Energy Co has an alpha of 0.5783, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SPI Energy Price Density |
| Price |
Predictive Modules for SPI Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPI Energy. 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.SPI Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPI Energy is not an exception. The market had few large corrections towards the SPI Energy'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 SPI Energy Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPI Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.04 |
SPI Energy 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 SPI Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPI Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SPI Energy generated a negative expected return over the last 90 days | |
| SPI Energy has high historical volatility and very poor performance | |
| SPI Energy has some characteristics of a very speculative penny stock | |
| SPI Energy has high likelihood to experience some financial distress in the next 2 years | |
| SPI Energy Co has 75.2 M in debt with debt to equity (D/E) ratio of 2.09, meaning that the company heavily relies on borrowing funds for operations. SPI Energy has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for SPI to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 209.53 M. Reported Net Loss for the year was (24.7 M) with profit before taxes, overhead, and interest of 14.48 M. | |
| SPI Energy Co has about 13.62 M in cash with (709 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| SPI Energy has a frail financial position based on the latest SEC disclosures | |
| Roughly 20.0% of SPI Energy outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: GigaDevice GD2555 Serial NOR Flash Automotive-Grade Product Family Certified for ISO 26262 ASIL D |
SPI Energy 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 SPI Stock often depends not only on the future outlook of the current and potential SPI Energy'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. SPI Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.5 M | |
| Cash And Short Term Investments | 3.5 M |
SPI Energy Technical Analysis
SPI Energy's future price can be derived by breaking down and analyzing its technical indicators over time. SPI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPI Energy Co. In general, you should focus on analyzing SPI Stock price patterns and their correlations with different microeconomic environments and drivers.
SPI Energy Predictive Forecast Models
SPI Energy's time-series forecasting models is one of many SPI Energy'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 SPI Energy'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 SPI Energy
Checking the ongoing alerts about SPI Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPI Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SPI Energy generated a negative expected return over the last 90 days | |
| SPI Energy has high historical volatility and very poor performance | |
| SPI Energy has some characteristics of a very speculative penny stock | |
| SPI Energy has high likelihood to experience some financial distress in the next 2 years | |
| SPI Energy Co has 75.2 M in debt with debt to equity (D/E) ratio of 2.09, meaning that the company heavily relies on borrowing funds for operations. SPI Energy has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for SPI to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 209.53 M. Reported Net Loss for the year was (24.7 M) with profit before taxes, overhead, and interest of 14.48 M. | |
| SPI Energy Co has about 13.62 M in cash with (709 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| SPI Energy has a frail financial position based on the latest SEC disclosures | |
| Roughly 20.0% of SPI Energy outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: GigaDevice GD2555 Serial NOR Flash Automotive-Grade Product Family Certified for ISO 26262 ASIL D |
Check out SPI Energy Backtesting, SPI Energy Valuation, SPI Energy Correlation, SPI Energy Hype Analysis, SPI Energy Volatility, SPI Energy History as well as SPI Energy Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Semiconductors & Semiconductor Equipment 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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.228 | Quarterly Revenue Growth 0.307 | Return On Assets (0.04) | Return On Equity (1.25) |
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.