Srh Total Return Etf Probability of Future Etf Price Finishing Under 14.51
| STEW Etf | USD 14.42 0.01 0.07% |
SRH |
SRH Total Target Price Odds to finish below 14.51
The tendency of SRH Etf 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 $ 14.51 after 90 days |
| 14.42 | 90 days | 14.51 | about 55.8 |
Based on a normal probability distribution, the odds of SRH Total to stay under $ 14.51 after 90 days from now is about 55.8 (This SRH Total Return probability density function shows the probability of SRH Etf to fall within a particular range of prices over 90 days) . Probability of SRH Total Return price to stay between its current price of $ 14.42 and $ 14.51 at the end of the 90-day period is about 19.67 .
Given the investment horizon of 90 days SRH Total has a beta of 0.69. This usually implies as returns on the market go up, SRH Total average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SRH Total Return will be expected to be much smaller as well. Additionally SRH Total Return has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. SRH Total Price Density |
| Price |
Predictive Modules for SRH Total
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SRH Total Return. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 SRH Total'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.
SRH Total Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SRH Total is not an exception. The market had few large corrections towards the SRH Total'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 SRH Total Return, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SRH Total within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.02 |
SRH Total 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 SRH Total for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SRH Total Return can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SRH Total Return generated a negative expected return over the last 90 days | |
| SRH Total Return currently holds 226.3 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. SRH Total Return has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SRH Total until it has trouble settling it off, either with new capital or with free cash flow. So, SRH Total's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SRH Total Return sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SRH to invest in growth at high rates of return. When we think about SRH Total's use of debt, we should always consider it together with cash and equity. | |
| About 47.0% of SRH Total outstanding shares are owned by corporate insiders | |
| On 30th of April 2024 SRH Total paid $ 0.1375 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Insider Trading | |
| The fund maintains all of the assets in different exotic instruments |
SRH Total 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 SRH Etf often depends not only on the future outlook of the current and potential SRH Total'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. SRH Total's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.1 M |
SRH Total Technical Analysis
SRH Total's future price can be derived by breaking down and analyzing its technical indicators over time. SRH Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SRH Total Return. In general, you should focus on analyzing SRH Etf price patterns and their correlations with different microeconomic environments and drivers.
SRH Total Predictive Forecast Models
SRH Total's time-series forecasting models is one of many SRH Total's etf 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 SRH Total'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 etf market movement and maximize returns from investment trading.
Things to note about SRH Total Return
Checking the ongoing alerts about SRH Total for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SRH Total Return help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SRH Total Return generated a negative expected return over the last 90 days | |
| SRH Total Return currently holds 226.3 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. SRH Total Return has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SRH Total until it has trouble settling it off, either with new capital or with free cash flow. So, SRH Total's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SRH Total Return sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SRH to invest in growth at high rates of return. When we think about SRH Total's use of debt, we should always consider it together with cash and equity. | |
| About 47.0% of SRH Total outstanding shares are owned by corporate insiders | |
| On 30th of April 2024 SRH Total paid $ 0.1375 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Insider Trading | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in SRH Etf
SRH Total financial ratios help investors to determine whether SRH Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SRH with respect to the benefits of owning SRH Total security.