Secureworks Corp Stock Probability of Future Stock Price Finishing Over 6.14
| SCWX Stock | USD 6.14 0.13 2.07% |
Closest to current price Secureworks long CALL Option Payoff at Expiration
Secureworks |
Secureworks Corp Target Price Odds to finish over 6.14
The tendency of Secureworks 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 move above the current price in 90 days |
| 6.14 | 90 days | 6.14 | about 64.74 |
Based on a normal probability distribution, the odds of Secureworks Corp to move above the current price in 90 days from now is about 64.74 (This Secureworks Corp probability density function shows the probability of Secureworks Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Secureworks Corp has a beta of -0.66. This usually implies as returns on the benchmark increase, returns on holding Secureworks Corp are expected to decrease at a much lower rate. During a bear market, however, Secureworks Corp is likely to outperform the market. Additionally Secureworks Corp has an alpha of 0.0037, implying that it can generate a 0.003658 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Secureworks Corp Price Density |
| Price |
Predictive Modules for Secureworks Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Secureworks Corp. 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 Secureworks Corp'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.
Secureworks Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Secureworks Corp is not an exception. The market had few large corrections towards the Secureworks Corp'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 Secureworks Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Secureworks Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0 | |
β | Beta against NYSE Composite | -0.66 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.03 |
Secureworks Corp 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 Secureworks Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Secureworks Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Secureworks Corp generated a negative expected return over the last 90 days | |
| Secureworks Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 365.88 M. Net Loss for the year was (86.04 M) with profit before overhead, payroll, taxes, and interest of 318.09 M. | |
| Secureworks Corp currently holds about 167.49 M in cash with (59.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.97. | |
| Secureworks Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 59.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Secureworks to Report First Quarter Fiscal 2025 Financial Results on June 6, 2024 |
Secureworks Corp 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 Secureworks Stock often depends not only on the future outlook of the current and potential Secureworks Corp'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. Secureworks Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86 M | |
| Cash And Short Term Investments | 68.7 M |
Secureworks Corp Technical Analysis
Secureworks Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Secureworks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Secureworks Corp. In general, you should focus on analyzing Secureworks Stock price patterns and their correlations with different microeconomic environments and drivers.
Secureworks Corp Predictive Forecast Models
Secureworks Corp's time-series forecasting models is one of many Secureworks Corp'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 Secureworks Corp'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 Secureworks Corp
Checking the ongoing alerts about Secureworks Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Secureworks Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Secureworks Corp generated a negative expected return over the last 90 days | |
| Secureworks Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 365.88 M. Net Loss for the year was (86.04 M) with profit before overhead, payroll, taxes, and interest of 318.09 M. | |
| Secureworks Corp currently holds about 167.49 M in cash with (59.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.97. | |
| Secureworks Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 59.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Secureworks to Report First Quarter Fiscal 2025 Financial Results on June 6, 2024 |
Check out Secureworks Corp Backtesting, Secureworks Corp Valuation, Secureworks Corp Correlation, Secureworks Corp Hype Analysis, Secureworks Corp Volatility, Secureworks Corp History as well as Secureworks Corp Performance. For more information on how to buy Secureworks Stock please use our How to Invest in Secureworks Corp guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Secureworks Stock analysis
When running Secureworks Corp's price analysis, check to measure Secureworks Corp'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 Secureworks Corp is operating at the current time. Most of Secureworks Corp's value examination focuses on studying past and present price action to predict the probability of Secureworks Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secureworks Corp's price. Additionally, you may evaluate how the addition of Secureworks Corp to your portfolios can decrease your overall portfolio volatility.
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Is Secureworks Corp's industry 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 Secureworks Corp. If investors know Secureworks 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 Secureworks Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 4.252 | Quarterly Revenue Growth (0.23) | Return On Assets (0.08) | Return On Equity (0.16) |
The market value of Secureworks Corp is measured differently than its book value, which is the value of Secureworks that is recorded on the company's balance sheet. Investors also form their own opinion of Secureworks Corp's value that differs from its market value or its book value, called intrinsic value, which is Secureworks Corp's 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 Secureworks Corp's market value can be influenced by many factors that don't directly affect Secureworks Corp's 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 Secureworks Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Secureworks Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Secureworks Corp'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.