Select Medical Holdings Stock Probability of Future Stock Price Finishing Over 26.93
| SEM Stock | USD 34.55 0.64 1.89% |
Closest to current price Select long CALL Option Payoff at Expiration
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Select Medical Target Price Odds to finish over 26.93
The tendency of Select 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 $ 26.93 in 90 days |
| 34.55 | 90 days | 26.93 | about 86.78 |
Based on a normal probability distribution, the odds of Select Medical to stay above $ 26.93 in 90 days from now is about 86.78 (This Select Medical Holdings probability density function shows the probability of Select Stock to fall within a particular range of prices over 90 days) . Probability of Select Medical Holdings price to stay between $ 26.93 and its current price of $34.55 at the end of the 90-day period is about 83.47 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.49 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Select Medical will likely underperform. Additionally Select Medical Holdings has an alpha of 0.3356, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Select Medical Price Density |
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Predictive Modules for Select Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Select Medical Holdings. 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 Select Medical'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.
Select Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Select Medical is not an exception. The market had few large corrections towards the Select Medical'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 Select Medical Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Select Medical within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.34 | |
β | Beta against NYSE Composite | 1.49 | |
σ | Overall volatility | 2.58 | |
Ir | Information ratio | 0.19 |
Select Medical 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 Select Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Select Medical Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Select Medical has a strong financial position based on the latest SEC filings | |
| Over 77.0% of the company shares are owned by institutional investors | |
| On 30th of May 2024 Select Medical paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: We Like These Underlying Return On Capital Trends At Select Medical Holdings |
Select Medical 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 Select Stock often depends not only on the future outlook of the current and potential Select Medical'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. Select Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 123.1 M | |
| Cash And Short Term Investments | 143 M |
Select Medical Technical Analysis
Select Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Select Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Select Medical Holdings. In general, you should focus on analyzing Select Stock price patterns and their correlations with different microeconomic environments and drivers.
Select Medical Predictive Forecast Models
Select Medical's time-series forecasting models is one of many Select Medical'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 Select Medical'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 Select Medical Holdings
Checking the ongoing alerts about Select Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Select Medical Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Select Medical has a strong financial position based on the latest SEC filings | |
| Over 77.0% of the company shares are owned by institutional investors | |
| On 30th of May 2024 Select Medical paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: We Like These Underlying Return On Capital Trends At Select Medical Holdings |
Check out Select Medical Backtesting, Select Medical Valuation, Select Medical Correlation, Select Medical Hype Analysis, Select Medical Volatility, Select Medical History as well as Select Medical Performance. Note that the Select Medical Holdings information on this page should be used as a complementary analysis to other Select Medical'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Select Stock analysis
When running Select Medical's price analysis, check to measure Select Medical'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 Select Medical is operating at the current time. Most of Select Medical's value examination focuses on studying past and present price action to predict the probability of Select Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Medical's price. Additionally, you may evaluate how the addition of Select Medical to your portfolios can decrease your overall portfolio volatility.
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Is Select Medical'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 Select Medical. If investors know Select 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 Select Medical 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 0.356 | Dividend Share 0.5 | Earnings Share 2.1 | Revenue Per Share 54.993 | Quarterly Revenue Growth 0.074 |
The market value of Select Medical Holdings is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select Medical's value that differs from its market value or its book value, called intrinsic value, which is Select Medical'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 Select Medical's market value can be influenced by many factors that don't directly affect Select Medical'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 Select Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Medical'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.