Skyworth Group Limited Stock Probability of Future Pink Sheet Price Finishing Under 0.465
| SWDHF Stock | USD 0.39 0.00 0.00% |
Skyworth |
Skyworth Group Target Price Odds to finish below 0.465
The tendency of Skyworth Pink Sheet 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 $ 0.47 after 90 days |
| 0.39 | 90 days | 0.47 | close to 99 |
Based on a normal probability distribution, the odds of Skyworth Group to stay under $ 0.47 after 90 days from now is close to 99 (This Skyworth Group Limited probability density function shows the probability of Skyworth Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Skyworth Group price to stay between its current price of $ 0.39 and $ 0.47 at the end of the 90-day period is about 20.64 .
Assuming the 90 days horizon Skyworth Group Limited has a beta of -1.86. This usually implies as returns on its benchmark rise, returns on holding Skyworth Group Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Skyworth Group is expected to outperform its benchmark. Additionally Skyworth Group Limited has an alpha of 0.2549, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Skyworth Group Price Density |
| Price |
Predictive Modules for Skyworth Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skyworth Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Skyworth Group'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.
Skyworth Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Skyworth Group is not an exception. The market had few large corrections towards the Skyworth Group'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 Skyworth Group Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Skyworth Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | -1.86 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0 |
Skyworth Group 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 Skyworth Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Skyworth 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.| Skyworth Group had very high historical volatility over the last 90 days | |
| Skyworth Group has some characteristics of a very speculative penny stock | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Skyworth Group 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 Skyworth Pink Sheet often depends not only on the future outlook of the current and potential Skyworth Group'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. Skyworth Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B |
Skyworth Group Technical Analysis
Skyworth Group's future price can be derived by breaking down and analyzing its technical indicators over time. Skyworth Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Skyworth Group Limited. In general, you should focus on analyzing Skyworth Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Skyworth Group Predictive Forecast Models
Skyworth Group's time-series forecasting models is one of many Skyworth Group's pink sheet 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 Skyworth Group'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Skyworth Group
Checking the ongoing alerts about Skyworth Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Skyworth Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Skyworth Group had very high historical volatility over the last 90 days | |
| Skyworth Group has some characteristics of a very speculative penny stock | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Check out Skyworth Group Backtesting, Skyworth Group Valuation, Skyworth Group Correlation, Skyworth Group Hype Analysis, Skyworth Group Volatility, Skyworth Group History as well as Skyworth Group Performance. Note that the Skyworth Group information on this page should be used as a complementary analysis to other Skyworth Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Skyworth Pink Sheet analysis
When running Skyworth Group's price analysis, check to measure Skyworth Group'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 Skyworth Group is operating at the current time. Most of Skyworth Group's value examination focuses on studying past and present price action to predict the probability of Skyworth Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworth Group's price. Additionally, you may evaluate how the addition of Skyworth Group to your portfolios can decrease your overall portfolio volatility.
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