Six Flags Entertainment Stock Probability of Future Stock Price Finishing Under 40.31
| FUN Stock | USD 45.94 0.61 1.31% |
Six |
Six Flags Target Price Odds to finish below 40.31
The tendency of Six 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 $ 40.31 or more in 90 days |
| 45.94 | 90 days | 40.31 | about 30.41 |
Based on a normal probability distribution, the odds of Six Flags to drop to $ 40.31 or more in 90 days from now is about 30.41 (This Six Flags Entertainment probability density function shows the probability of Six Stock to fall within a particular range of prices over 90 days) . Probability of Six Flags Entertainment price to stay between $ 40.31 and its current price of $45.94 at the end of the 90-day period is about 64.2 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.49 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Six Flags will likely underperform. Additionally Six Flags Entertainment 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. Six Flags Price Density |
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Predictive Modules for Six Flags
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Six Flags Entertainment. 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 Six Flags' 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.
Six Flags Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Six Flags is not an exception. The market had few large corrections towards the Six Flags' 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 Six Flags Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Six Flags within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 1.49 | |
σ | Overall volatility | 2.64 | |
Ir | Information ratio | -0.009 |
Six Flags 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 Six Flags for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Six Flags Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Six Flags has accumulated $2.36 Billion in debt which can lead to volatile earnings | |
| Six Flags Entertainment has 2.36 B in debt with debt to equity (D/E) ratio of 76.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Six Flags Entertainment has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Six to invest in growth at high rates of return. | |
| Over 81.0% of Six Flags shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Six Flags Entertainment looks invest over 1B over next two years |
Six Flags 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 Six Stock often depends not only on the future outlook of the current and potential Six Flags' 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. Six Flags' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 51.5 M | |
| Cash And Short Term Investments | 65.8 M |
Six Flags Technical Analysis
Six Flags' future price can be derived by breaking down and analyzing its technical indicators over time. Six Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Six Flags Entertainment. In general, you should focus on analyzing Six Stock price patterns and their correlations with different microeconomic environments and drivers.
Six Flags Predictive Forecast Models
Six Flags' time-series forecasting models is one of many Six Flags' 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 Six Flags' 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 Six Flags Entertainment
Checking the ongoing alerts about Six Flags for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Six Flags Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Six Flags has accumulated $2.36 Billion in debt which can lead to volatile earnings | |
| Six Flags Entertainment has 2.36 B in debt with debt to equity (D/E) ratio of 76.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Six Flags Entertainment has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Six to invest in growth at high rates of return. | |
| Over 81.0% of Six Flags shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Six Flags Entertainment looks invest over 1B over next two years |
Check out Six Flags Backtesting, Six Flags Valuation, Six Flags Correlation, Six Flags Hype Analysis, Six Flags Volatility, Six Flags History as well as Six Flags Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Hotels, Restaurants & Leisure 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 Six Flags. If investors know Six 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 Six Flags 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 (0.74) | Dividend Share 0.3 | Earnings Share 2.4 | Revenue Per Share 38.014 | Quarterly Revenue Growth 0.601 |
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' 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 Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' 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 Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' 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.