Scully Royalty Stock Probability of Future Stock Price Finishing Under 7.28
| SRL Stock | USD 7.29 0.05 0.69% |
Scully |
Scully Royalty Target Price Odds to finish below 7.28
The tendency of Scully 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 $ 7.28 or more in 90 days |
| 7.29 | 90 days | 7.28 | under 4 |
Based on a normal probability distribution, the odds of Scully Royalty to drop to $ 7.28 or more in 90 days from now is under 4 (This Scully Royalty probability density function shows the probability of Scully Stock to fall within a particular range of prices over 90 days) . Probability of Scully Royalty price to stay between $ 7.28 and its current price of $7.29 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Scully Royalty has a beta of 0.32. This usually implies as returns on the market go up, Scully Royalty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scully Royalty will be expected to be much smaller as well. Additionally Scully Royalty 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. Scully Royalty Price Density |
| Price |
Predictive Modules for Scully Royalty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scully Royalty. 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.Scully Royalty Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scully Royalty is not an exception. The market had few large corrections towards the Scully Royalty'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 Scully Royalty, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scully Royalty within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | -0.1 |
Scully Royalty 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 Scully Royalty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scully Royalty can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scully Royalty generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: AZBalls SRL Acquires Prestigious Tobique Gaming License |
Scully Royalty 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 Scully Stock often depends not only on the future outlook of the current and potential Scully Royalty'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. Scully Royalty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.8 M | |
| Cash And Short Term Investments | 91.2 M |
Scully Royalty Technical Analysis
Scully Royalty's future price can be derived by breaking down and analyzing its technical indicators over time. Scully Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scully Royalty. In general, you should focus on analyzing Scully Stock price patterns and their correlations with different microeconomic environments and drivers.
Scully Royalty Predictive Forecast Models
Scully Royalty's time-series forecasting models is one of many Scully Royalty'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 Scully Royalty'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 Scully Royalty
Checking the ongoing alerts about Scully Royalty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scully Royalty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scully Royalty generated a negative expected return over the last 90 days | |
| About 73.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: AZBalls SRL Acquires Prestigious Tobique Gaming License |
Check out Scully Royalty Backtesting, Scully Royalty Valuation, Scully Royalty Correlation, Scully Royalty Hype Analysis, Scully Royalty Volatility, Scully Royalty History as well as Scully Royalty Performance. For more information on how to buy Scully Stock please use our How to buy in Scully Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Investment Banking & Brokerage 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 Scully Royalty. If investors know Scully 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 Scully Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share 0.06 | Revenue Per Share 3.707 | Quarterly Revenue Growth 0.03 | Return On Assets 0.0036 |
The market value of Scully Royalty is measured differently than its book value, which is the value of Scully that is recorded on the company's balance sheet. Investors also form their own opinion of Scully Royalty's value that differs from its market value or its book value, called intrinsic value, which is Scully Royalty'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 Scully Royalty's market value can be influenced by many factors that don't directly affect Scully Royalty'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 Scully Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scully Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scully Royalty'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.