Stantec Stock Odds of Future Stock Price Finishing Under 25.45
| STN Stock | USD 79.22 0.34 0.43% |
Closest to current price Stantec long CALL Option Payoff at Expiration
Stantec |
Stantec Target Price Odds to finish below 25.45
The tendency of Stantec 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 $ 25.45 or more in 90 days |
| 79.22 | 90 days | 25.45 | near 1 |
Based on a normal probability distribution, the odds of Stantec to drop to $ 25.45 or more in 90 days from now is near 1 (This Stantec probability density function shows the probability of Stantec Stock to fall within a particular range of prices over 90 days) . Probability of Stantec price to stay between $ 25.45 and its current price of $79.22 at the end of the 90-day period is about 6.7 .
Considering the 90-day investment horizon Stantec has a beta of 0.89. This usually implies Stantec market returns are highly reactive to returns on the market. As the market goes up or down, Stantec is expected to follow. Additionally Stantec has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Stantec Price Density |
| Price |
Predictive Modules for Stantec
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stantec. 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 Stantec'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.
Stantec Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stantec is not an exception. The market had few large corrections towards the Stantec'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 Stantec, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stantec within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 0.89 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.05 |
Stantec 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 Stantec for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stantec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stantec generated a negative expected return over the last 90 days | |
| Stantec is unlikely to experience financial distress in the next 2 years | |
| Stantec has a very strong financial position based on the latest SEC filings | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Stantec paid $ 0.1548 per share dividend to its current shareholders | |
| Latest headline from stockhead.com.au: Riversgolds next drill program to size up maiden resources at its Northern Zone gold project |
Stantec 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 Stantec Stock often depends not only on the future outlook of the current and potential Stantec'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. Stantec's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.2 M | |
| Cash And Short Term Investments | 352.9 M |
Stantec Technical Analysis
Stantec's future price can be derived by breaking down and analyzing its technical indicators over time. Stantec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stantec. In general, you should focus on analyzing Stantec Stock price patterns and their correlations with different microeconomic environments and drivers.
Stantec Predictive Forecast Models
Stantec's time-series forecasting models is one of many Stantec'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 Stantec'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 Stantec
Checking the ongoing alerts about Stantec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stantec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stantec generated a negative expected return over the last 90 days | |
| Stantec is unlikely to experience financial distress in the next 2 years | |
| Stantec has a very strong financial position based on the latest SEC filings | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Stantec paid $ 0.1548 per share dividend to its current shareholders | |
| Latest headline from stockhead.com.au: Riversgolds next drill program to size up maiden resources at its Northern Zone gold project |
Check out Stantec Backtesting, Stantec Valuation, Stantec Correlation, Stantec Hype Analysis, Stantec Volatility, Stantec History as well as Stantec Performance. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Stantec Stock analysis
When running Stantec's price analysis, check to measure Stantec'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 Stantec is operating at the current time. Most of Stantec's value examination focuses on studying past and present price action to predict the probability of Stantec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stantec's price. Additionally, you may evaluate how the addition of Stantec to your portfolios can decrease your overall portfolio volatility.
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Is Stantec's industry 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 Stantec. If investors know Stantec 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 Stantec 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 0.006 | Dividend Share 0.78 | Earnings Share 2.15 | Revenue Per Share 45.548 | Quarterly Revenue Growth 0.099 |
The market value of Stantec is measured differently than its book value, which is the value of Stantec that is recorded on the company's balance sheet. Investors also form their own opinion of Stantec's value that differs from its market value or its book value, called intrinsic value, which is Stantec'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 Stantec's market value can be influenced by many factors that don't directly affect Stantec'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 Stantec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stantec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stantec'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.