Solstad Offshore Asa Stock Probability of Future Pink Sheet Price Finishing Under 3.03
| SLOFF Stock | USD 3.09 0.00 0.00% |
Solstad |
Solstad Offshore Target Price Odds to finish below 3.03
The tendency of Solstad 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 Price | Horizon | Target Price | Odds to drop to $ 3.03 or more in 90 days |
| 3.09 | 90 days | 3.03 | about 41.46 |
Based on a normal probability distribution, the odds of Solstad Offshore to drop to $ 3.03 or more in 90 days from now is about 41.46 (This Solstad Offshore ASA probability density function shows the probability of Solstad Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Solstad Offshore ASA price to stay between $ 3.03 and its current price of $3.09 at the end of the 90-day period is about 12.53 .
Assuming the 90 days horizon Solstad Offshore has a beta of 0.076. This usually implies as returns on the market go up, Solstad Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solstad Offshore ASA will be expected to be much smaller as well. Additionally Solstad Offshore ASA has an alpha of 0.7928, implying that it can generate a 0.79 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Solstad Offshore Price Density |
| Price |
Predictive Modules for Solstad Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solstad Offshore ASA. 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.Solstad Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solstad Offshore is not an exception. The market had few large corrections towards the Solstad Offshore'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 Solstad Offshore ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solstad Offshore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.79 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.05 |
Solstad Offshore 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 Solstad Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solstad Offshore ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solstad Offshore ASA is way too risky over 90 days horizon | |
| Solstad Offshore ASA appears to be risky and price may revert if volatility continues | |
| Solstad Offshore ASA has high likelihood to experience some financial distress in the next 2 years | |
| Solstad Offshore ASA has accumulated 17.52 B in total debt. Solstad Offshore ASA has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Solstad Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, Solstad Offshore'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 Solstad Offshore ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solstad to invest in growth at high rates of return. When we think about Solstad Offshore's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.13 B. Net Loss for the year was (1.1 B) with profit before overhead, payroll, taxes, and interest of 2.81 B. | |
| About 47.0% of the company outstanding shares are owned by corporate insiders |
Solstad Offshore 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 Solstad Pink Sheet often depends not only on the future outlook of the current and potential Solstad Offshore'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. Solstad Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.6 M |
Solstad Offshore Technical Analysis
Solstad Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. Solstad Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solstad Offshore ASA. In general, you should focus on analyzing Solstad Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Solstad Offshore Predictive Forecast Models
Solstad Offshore's time-series forecasting models is one of many Solstad Offshore'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 Solstad Offshore'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 Solstad Offshore ASA
Checking the ongoing alerts about Solstad Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solstad Offshore ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solstad Offshore ASA is way too risky over 90 days horizon | |
| Solstad Offshore ASA appears to be risky and price may revert if volatility continues | |
| Solstad Offshore ASA has high likelihood to experience some financial distress in the next 2 years | |
| Solstad Offshore ASA has accumulated 17.52 B in total debt. Solstad Offshore ASA has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Solstad Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, Solstad Offshore'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 Solstad Offshore ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solstad to invest in growth at high rates of return. When we think about Solstad Offshore's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 5.13 B. Net Loss for the year was (1.1 B) with profit before overhead, payroll, taxes, and interest of 2.81 B. | |
| About 47.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Solstad Pink Sheet
Solstad Offshore financial ratios help investors to determine whether Solstad Pink Sheet 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 Solstad with respect to the benefits of owning Solstad Offshore security.