Strong Global Entertainment, Stock Probability of Future Stock Price Finishing Under 0.02
| SGE Stock | 1.50 0.11 7.91% |
Strong |
Strong Global Target Price Odds to finish below 0.02
The tendency of Strong 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 0.02 or more in 90 days |
| 1.50 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Strong Global to drop to 0.02 or more in 90 days from now is near 1 (This Strong Global Entertainment, probability density function shows the probability of Strong Stock to fall within a particular range of prices over 90 days) . Probability of Strong Global Entert price to stay between 0.02 and its current price of 1.5 at the end of the 90-day period is about 54.22 .
Considering the 90-day investment horizon Strong Global has a beta of 0.67. This usually implies as returns on the market go up, Strong Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Strong Global Entertainment, will be expected to be much smaller as well. Additionally Strong Global Entertainment, has an alpha of 0.1782, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Strong Global Price Density |
| Price |
Predictive Modules for Strong Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Strong Global Entert. 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 Strong Global'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.
Strong Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Strong Global is not an exception. The market had few large corrections towards the Strong Global'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 Strong Global Entertainment,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Strong Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.02 |
Strong Global 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 Strong Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Strong Global Entert can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Strong Global Entert had very high historical volatility over the last 90 days | |
| Strong Global Entert may become a speculative penny stock | |
| Strong Global Entert is unlikely to experience financial distress in the next 2 years | |
| Strong Global Entert has a strong financial position based on the latest SEC filings | |
| About 78.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: Virtuous Secures 100M Funding Round Led by Susquehanna Growth Equity |
Strong Global 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 Strong Stock often depends not only on the future outlook of the current and potential Strong Global'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. Strong Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7 M | |
| Cash And Short Term Investments | 5.5 M | |
| Shares Float | 1.7 M |
Strong Global Technical Analysis
Strong Global's future price can be derived by breaking down and analyzing its technical indicators over time. Strong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Strong Global Entertainment,. In general, you should focus on analyzing Strong Stock price patterns and their correlations with different microeconomic environments and drivers.
Strong Global Predictive Forecast Models
Strong Global's time-series forecasting models is one of many Strong Global'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 Strong Global'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 Strong Global Entert
Checking the ongoing alerts about Strong Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Strong Global Entert help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Strong Global Entert had very high historical volatility over the last 90 days | |
| Strong Global Entert may become a speculative penny stock | |
| Strong Global Entert is unlikely to experience financial distress in the next 2 years | |
| Strong Global Entert has a strong financial position based on the latest SEC filings | |
| About 78.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: Virtuous Secures 100M Funding Round Led by Susquehanna Growth Equity |
Additional Information and Resources on Investing in Strong Stock
When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:Check out Strong Global Backtesting, Strong Global Valuation, Strong Global Correlation, Strong Global Hype Analysis, Strong Global Volatility, Strong Global History as well as Strong Global Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Technology Hardware, Storage & Peripherals space 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 Strong Global. If investors know Strong 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 Strong Global 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 (0.96) | Earnings Share 0.52 | Revenue Per Share 5.83 | Quarterly Revenue Growth 0.187 | Return On Assets 0.0155 |
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.