Smith Nephew Plc Stock Probability of Future Pink Sheet Price Finishing Over 38.46

SNNUF Stock  USD 12.31  0.40  3.15%   
Smith Nephew's future price is the expected price of Smith Nephew instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Smith Nephew Plc performance during a given time horizon utilizing its historical volatility. Check out Smith Nephew Backtesting, Smith Nephew Valuation, Smith Nephew Correlation, Smith Nephew Hype Analysis, Smith Nephew Volatility, Smith Nephew History as well as Smith Nephew Performance.
  
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Smith Nephew Target Price Odds to finish over 38.46

The tendency of Smith 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 PriceHorizonTarget PriceOdds to move over $ 38.46  or more in 90 days
 12.31 90 days 38.46 
close to zero percent
Based on a normal probability distribution, the odds of Smith Nephew to move over $ 38.46  or more in 90 days from now is close to zero percent (This Smith Nephew Plc probability density function shows the probability of Smith Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Smith Nephew Plc price to stay between its current price of $ 12.31  and $ 38.46  at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Smith Nephew Plc has a beta of -0.52. This usually implies as returns on benchmark increase, returns on holding Smith Nephew are expected to decrease at a much lower rate. During the bear market, however, Smith Nephew Plc is likely to outperform the market. Additionally Smith Nephew Plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Smith Nephew Price Density   
       Price  

Predictive Modules for Smith Nephew

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smith Nephew Plc. 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 Smith Nephew'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.
Hype
Prediction
LowEstimatedHigh
10.5112.3114.11
Details
Intrinsic
Valuation
LowRealHigh
8.9510.7512.55
Details
Naive
Forecast
LowNextHigh
10.1911.9913.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.2413.2814.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Smith Nephew. Your research has to be compared to or analyzed against Smith Nephew's peers to derive any actionable benefits. When done correctly, Smith Nephew's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Smith Nephew Plc.

Smith Nephew Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Smith Nephew is not an exception. The market had few large corrections towards the Smith Nephew'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 Smith Nephew Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Smith Nephew within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.13
β
Beta against NYSE Composite-0.52
σ
Overall volatility
0.43
Ir
Information ratio -0.15

Smith Nephew 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 Smith Nephew for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Smith Nephew Plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Smith Nephew Plc generated a negative expected return over the last 90 days

Smith Nephew 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 Smith Pink Sheet often depends not only on the future outlook of the current and potential Smith Nephew'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. Smith Nephew's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding879.8 M

Smith Nephew Technical Analysis

Smith Nephew's future price can be derived by breaking down and analyzing its technical indicators over time. Smith Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Smith Nephew Plc. In general, you should focus on analyzing Smith Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Smith Nephew Predictive Forecast Models

Smith Nephew's time-series forecasting models is one of many Smith Nephew'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 Smith Nephew'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 Smith Nephew Plc

Checking the ongoing alerts about Smith Nephew for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Smith Nephew Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Smith Nephew Plc generated a negative expected return over the last 90 days
Check out Smith Nephew Backtesting, Smith Nephew Valuation, Smith Nephew Correlation, Smith Nephew Hype Analysis, Smith Nephew Volatility, Smith Nephew History as well as Smith Nephew Performance.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Smith Pink Sheet analysis

When running Smith Nephew's price analysis, check to measure Smith Nephew'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 Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew'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.