Stepstone Group Stock Probability of Future Stock Price Finishing Over 59.74
| STEP Stock | USD 58.12 0.21 0.36% |
Stepstone |
Stepstone Target Price Odds to finish over 59.74
The tendency of Stepstone 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 $ 59.74 or more in 90 days |
| 58.12 | 90 days | 59.74 | about 68.57 |
Based on a normal probability distribution, the odds of Stepstone to move over $ 59.74 or more in 90 days from now is about 68.57 (This Stepstone Group probability density function shows the probability of Stepstone Stock to fall within a particular range of prices over 90 days) . Probability of Stepstone Group price to stay between its current price of $ 58.12 and $ 59.74 at the end of the 90-day period is about 14.76 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.98 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Stepstone will likely underperform. Additionally Stepstone Group has an alpha of 0.0684, implying that it can generate a 0.0684 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Stepstone Price Density |
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Predictive Modules for Stepstone
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stepstone Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stepstone's 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.
Stepstone Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stepstone is not an exception. The market had few large corrections towards the Stepstone'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 Stepstone Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stepstone within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.98 | |
σ | Overall volatility | 3.35 | |
Ir | Information ratio | 0.04 |
Stepstone 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 Stepstone for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stepstone Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stepstone Group currently holds 268.56 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Stepstone Group has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Stepstone's use of debt, we should always consider it together with its cash and equity. | |
| Over 94.0% of Stepstone shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: StepStone Group Recognized Among Best Places to Work in Money Management by Pensions Investments for Second Consecutive Year |
Stepstone 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 Stepstone Stock often depends not only on the future outlook of the current and potential Stepstone'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. Stepstone's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.5 M | |
| Cash And Short Term Investments | 181.6 M |
Stepstone Technical Analysis
Stepstone's future price can be derived by breaking down and analyzing its technical indicators over time. Stepstone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stepstone Group. In general, you should focus on analyzing Stepstone Stock price patterns and their correlations with different microeconomic environments and drivers.
Stepstone Predictive Forecast Models
Stepstone's time-series forecasting models is one of many Stepstone'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 Stepstone'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 Stepstone Group
Checking the ongoing alerts about Stepstone for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stepstone Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stepstone Group currently holds 268.56 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Stepstone Group has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Stepstone's use of debt, we should always consider it together with its cash and equity. | |
| Over 94.0% of Stepstone shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: StepStone Group Recognized Among Best Places to Work in Money Management by Pensions Investments for Second Consecutive Year |
Additional Tools for Stepstone Stock Analysis
When running Stepstone's price analysis, check to measure Stepstone's 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 Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.