Space (Israel) Chance of Future Stock Price Finishing Over 3.71
| SCC Stock | ILA 60.00 5.00 9.09% |
Space |
Space Target Price Odds to finish over 3.71
The tendency of Space 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 stay above 3.71 in 90 days |
| 60.00 | 90 days | 3.71 | close to 99 |
Based on a normal probability distribution, the odds of Space to stay above 3.71 in 90 days from now is close to 99 (This Space Com probability density function shows the probability of Space Stock to fall within a particular range of prices over 90 days) . Probability of Space Com price to stay between 3.71 and its current price of 60.0 at the end of the 90-day period is about 32.3 .
Assuming the 90 days trading horizon Space Com has a beta of -0.0515. This usually implies as returns on the benchmark increase, returns on holding Space are expected to decrease at a much lower rate. During a bear market, however, Space Com is likely to outperform the market. Additionally Space Com has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Space Price Density |
| Price |
Predictive Modules for Space
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Space Com. 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 Space'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.
Space Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Space is not an exception. The market had few large corrections towards the Space'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 Space Com, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Space within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.61 | |
β | Beta against NYSE Composite | -0.05 | |
σ | Overall volatility | 15.56 | |
Ir | Information ratio | -0.14 |
Space 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 Space for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Space Com can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Space Com generated a negative expected return over the last 90 days | |
| Space Com has high historical volatility and very poor performance | |
| The company reported the revenue of 93.69 M. Net Loss for the year was (15.41 M) with profit before overhead, payroll, taxes, and interest of 23.98 M. | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
Space 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 Space Stock often depends not only on the future outlook of the current and potential Space'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. Space's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.1 M |
Space Technical Analysis
Space's future price can be derived by breaking down and analyzing its technical indicators over time. Space Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Space Com. In general, you should focus on analyzing Space Stock price patterns and their correlations with different microeconomic environments and drivers.
Space Predictive Forecast Models
Space's time-series forecasting models is one of many Space'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 Space'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 Space Com
Checking the ongoing alerts about Space for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Space Com help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Space Com generated a negative expected return over the last 90 days | |
| Space Com has high historical volatility and very poor performance | |
| The company reported the revenue of 93.69 M. Net Loss for the year was (15.41 M) with profit before overhead, payroll, taxes, and interest of 23.98 M. | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
Check out Space Backtesting, Space Valuation, Space Correlation, Space Hype Analysis, Space Volatility, Space History as well as Space Performance. Note that the Space Com information on this page should be used as a complementary analysis to other Space'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Space Stock analysis
When running Space's price analysis, check to measure Space'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 Space is operating at the current time. Most of Space's value examination focuses on studying past and present price action to predict the probability of Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Space's price. Additionally, you may evaluate how the addition of Space to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |