SPI Energy Co Probability of Future Stock Price Finishing Under 0.44
| SPIDelisted Stock | USD 0.36 0.05 12.20% |
SPI |
SPI Energy Target Price Odds to finish below 0.44
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 stay under $ 0.44 after 90 days |
| 0.36 | 90 days | 0.44 | about 56.03 |
Based on a normal probability distribution, the odds of SPI Energy to stay under $ 0.44 after 90 days from now is about 56.03 (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 its current price of $ 0.36 and $ 0.44 at the end of the 90-day period is about 23.89 .
Considering the 90-day investment horizon SPI Energy Co has a beta of -0.37. This usually implies as returns on the benchmark increase, returns on holding SPI Energy are expected to decrease at a much lower rate. During a bear market, however, SPI Energy Co is likely to outperform the market. Additionally SPI Energy Co 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. 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 | -0.07 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | 0 |
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 is not yet fully synchronised with the market data | |
| SPI Energy is way too risky over 90 days horizon | |
| SPI Energy has some characteristics of a very speculative penny stock | |
| SPI Energy appears to be risky and price may revert if volatility continues | |
| SPI Energy has a very high chance of going through financial distress in the upcoming 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 27.85 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. | |
| Roughly 20.0% of SPI Energy outstanding shares are owned by corporate insiders |
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 is not yet fully synchronised with the market data | |
| SPI Energy is way too risky over 90 days horizon | |
| SPI Energy has some characteristics of a very speculative penny stock | |
| SPI Energy appears to be risky and price may revert if volatility continues | |
| SPI Energy has a very high chance of going through financial distress in the upcoming 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 27.85 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. | |
| Roughly 20.0% of SPI Energy outstanding shares are owned by corporate insiders |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in SPI Stock
If you are still planning to invest in SPI Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SPI Energy's history and understand the potential risks before investing.
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