Saipem Spa Adr Stock Probability of Future Pink Sheet Price Finishing Over 0.46
| SAPMY Stock | USD 0.46 0.04 8.00% |
Saipem |
Saipem SpA Target Price Odds to finish over 0.46
The tendency of Saipem 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 move above the current price in 90 days |
| 0.46 | 90 days | 0.46 | about 11.03 |
Based on a normal probability distribution, the odds of Saipem SpA to move above the current price in 90 days from now is about 11.03 (This Saipem SpA ADR probability density function shows the probability of Saipem Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Saipem SpA ADR has a beta of -1.1. This usually implies Moreover Saipem SpA ADR has an alpha of 1.0151, implying that it can generate a 1.02 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Saipem SpA Price Density |
| Price |
Predictive Modules for Saipem SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saipem SpA ADR. 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 Saipem SpA'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.
Saipem SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saipem SpA is not an exception. The market had few large corrections towards the Saipem SpA'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 Saipem SpA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saipem SpA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.02 | |
β | Beta against NYSE Composite | -1.1 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.14 |
Saipem SpA 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 Saipem SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saipem SpA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Saipem SpA ADR is way too risky over 90 days horizon | |
| Saipem SpA ADR has some characteristics of a very speculative penny stock | |
| Saipem SpA ADR appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 6.88 B. Net Loss for the year was (2.47 B) with profit before overhead, payroll, taxes, and interest of 36 M. |
Saipem SpA 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 Saipem Pink Sheet often depends not only on the future outlook of the current and potential Saipem SpA'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. Saipem SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.4 M |
Saipem SpA Technical Analysis
Saipem SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Saipem Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saipem SpA ADR. In general, you should focus on analyzing Saipem Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Saipem SpA Predictive Forecast Models
Saipem SpA's time-series forecasting models is one of many Saipem SpA'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 Saipem SpA'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 Saipem SpA ADR
Checking the ongoing alerts about Saipem SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saipem SpA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Saipem SpA ADR is way too risky over 90 days horizon | |
| Saipem SpA ADR has some characteristics of a very speculative penny stock | |
| Saipem SpA ADR appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 6.88 B. Net Loss for the year was (2.47 B) with profit before overhead, payroll, taxes, and interest of 36 M. |
Check out Saipem SpA Backtesting, Saipem SpA Valuation, Saipem SpA Correlation, Saipem SpA Hype Analysis, Saipem SpA Volatility, Saipem SpA History as well as Saipem SpA Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Saipem Pink Sheet analysis
When running Saipem SpA's price analysis, check to measure Saipem SpA'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 Saipem SpA is operating at the current time. Most of Saipem SpA's value examination focuses on studying past and present price action to predict the probability of Saipem SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saipem SpA's price. Additionally, you may evaluate how the addition of Saipem SpA to your portfolios can decrease your overall portfolio volatility.
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