Stealthgas Stock Probability of Future Stock Price Finishing Over 5.80
| GASS Stock | USD 5.80 0.04 0.68% |
Closest to current price StealthGas long CALL Option Payoff at Expiration
StealthGas |
StealthGas Target Price Odds to finish over 5.80
The tendency of StealthGas 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 above the current price in 90 days |
| 5.80 | 90 days | 5.80 | about 87.35 |
Based on a normal probability distribution, the odds of StealthGas to move above the current price in 90 days from now is about 87.35 (This StealthGas probability density function shows the probability of StealthGas Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days StealthGas has a beta of 0.17. This usually indicates as returns on the market go up, StealthGas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding StealthGas will be expected to be much smaller as well. Additionally StealthGas has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. StealthGas Price Density |
| Price |
Predictive Modules for StealthGas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as StealthGas. 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 StealthGas' 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.
StealthGas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. StealthGas is not an exception. The market had few large corrections towards the StealthGas' 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 StealthGas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of StealthGas within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.31 | |
β | Beta against NYSE Composite | 0.17 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | -0.16 |
StealthGas 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 StealthGas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for StealthGas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| StealthGas generated a negative expected return over the last 90 days | |
| StealthGas is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: StealthGas High RiskReward Bet On Small LPG Carriers - Seeking Alpha |
StealthGas 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 StealthGas Stock often depends not only on the future outlook of the current and potential StealthGas' 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. StealthGas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.2 M | |
| Cash And Short Term Investments | 77.9 M |
StealthGas Technical Analysis
StealthGas' future price can be derived by breaking down and analyzing its technical indicators over time. StealthGas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of StealthGas. In general, you should focus on analyzing StealthGas Stock price patterns and their correlations with different microeconomic environments and drivers.
StealthGas Predictive Forecast Models
StealthGas' time-series forecasting models is one of many StealthGas' 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 StealthGas' 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 StealthGas
Checking the ongoing alerts about StealthGas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for StealthGas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| StealthGas generated a negative expected return over the last 90 days | |
| StealthGas is unlikely to experience financial distress in the next 2 years | |
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: StealthGas High RiskReward Bet On Small LPG Carriers - Seeking Alpha |
Check out StealthGas Backtesting, StealthGas Valuation, StealthGas Correlation, StealthGas Hype Analysis, StealthGas Volatility, StealthGas History as well as StealthGas Performance. For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for StealthGas Stock analysis
When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
Is StealthGas' 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 StealthGas. If investors know StealthGas 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 StealthGas 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 0.27 | Earnings Share 1.22 | Revenue Per Share 3.862 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0337 |
The market value of StealthGas is measured differently than its book value, which is the value of StealthGas that is recorded on the company's balance sheet. Investors also form their own opinion of StealthGas' value that differs from its market value or its book value, called intrinsic value, which is StealthGas' 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 StealthGas' market value can be influenced by many factors that don't directly affect StealthGas' 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 StealthGas' value and its price as these two are different measures arrived at by different means. Investors typically determine if StealthGas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StealthGas' 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.