Sterling Check Corp Probability of Future Stock Price Finishing Under 16.77
| STERDelisted Stock | USD 16.74 0.04 0.24% |
Sterling |
Sterling Check Target Price Odds to finish below 16.77
The tendency of Sterling 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 $ 16.77 after 90 days |
| 16.74 | 90 days | 16.77 | about 75.99 |
Based on a normal probability distribution, the odds of Sterling Check to stay under $ 16.77 after 90 days from now is about 75.99 (This Sterling Check Corp probability density function shows the probability of Sterling Stock to fall within a particular range of prices over 90 days) . Probability of Sterling Check Corp price to stay between its current price of $ 16.74 and $ 16.77 at the end of the 90-day period is about 1.69 .
Given the investment horizon of 90 days Sterling Check Corp has a beta of -0.0949. This usually implies as returns on the benchmark increase, returns on holding Sterling Check are expected to decrease at a much lower rate. During a bear market, however, Sterling Check Corp is likely to outperform the market. Additionally Sterling Check Corp has an alpha of 0.0942, implying that it can generate a 0.0942 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sterling Check Price Density |
| Price |
Predictive Modules for Sterling Check
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sterling Check Corp. 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 Sterling Check'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.
Sterling Check Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sterling Check is not an exception. The market had few large corrections towards the Sterling Check'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 Sterling Check Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sterling Check within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | 0.07 |
Sterling Check 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 Sterling Check for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sterling Check Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sterling Check Corp is not yet fully synchronised with the market data | |
| Sterling Check Corp generated a negative expected return over the last 90 days | |
| Sterling Check Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 719.64 M. Net Loss for the year was (116 K) with profit before overhead, payroll, taxes, and interest of 359.1 M. | |
| Over 85.0% of the company shares are owned by institutional investors |
Sterling Check 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 Sterling Stock often depends not only on the future outlook of the current and potential Sterling Check'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. Sterling Check's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 91.6 M | |
| Cash And Short Term Investments | 54.2 M |
Sterling Check Technical Analysis
Sterling Check's future price can be derived by breaking down and analyzing its technical indicators over time. Sterling Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sterling Check Corp. In general, you should focus on analyzing Sterling Stock price patterns and their correlations with different microeconomic environments and drivers.
Sterling Check Predictive Forecast Models
Sterling Check's time-series forecasting models is one of many Sterling Check'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 Sterling Check'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 Sterling Check Corp
Checking the ongoing alerts about Sterling Check for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sterling Check Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sterling Check Corp is not yet fully synchronised with the market data | |
| Sterling Check Corp generated a negative expected return over the last 90 days | |
| Sterling Check Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 719.64 M. Net Loss for the year was (116 K) with profit before overhead, payroll, taxes, and interest of 359.1 M. | |
| Over 85.0% of the company shares are owned by institutional investors |
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 income. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Sterling Stock
If you are still planning to invest in Sterling Check Corp 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 Sterling Check's history and understand the potential risks before investing.
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