Spi Energy Co Stock Probability of Future Stock Price Finishing Over 0.31
| SPI Stock | USD 0.50 0.02 4.17% |
Closest to current price SPI long PUT Option Payoff at Expiration
SPI |
SPI Energy Target Price Odds to finish over 0.31
The tendency of SPI 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 $ 0.31 in 90 days |
| 0.50 | 90 days | 0.31 | close to 99 |
Based on a normal probability distribution, the odds of SPI Energy to stay above $ 0.31 in 90 days from now is close to 99 (This SPI Energy Co probability density function shows the probability of SPI Stock to fall within a particular range of prices over 90 days) . Probability of SPI Energy price to stay between $ 0.31 and its current price of $0.5 at the end of the 90-day period is about 8.27 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.49 . 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, SPI Energy will likely underperform. Additionally SPI Energy Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. SPI Energy Price Density |
| Price |
Predictive Modules for SPI Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPI Energy. 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 SPI Energy'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.
SPI Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPI Energy is not an exception. The market had few large corrections towards the SPI Energy'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 SPI Energy Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPI Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.45 | |
β | Beta against NYSE Composite | 3.49 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.06 |
SPI Energy 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 SPI Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPI Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SPI Energy generated a negative expected return over the last 90 days | |
| SPI Energy has some characteristics of a very speculative penny stock | |
| SPI Energy has high historical volatility and very poor performance | |
| SPI Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company has 75.2 M in debt with debt to equity (D/E) ratio of 2.09, meaning that the company heavily relies on borrowing funds for operations. SPI Energy has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist SPI Energy until it has trouble settling it off, either with new capital or with free cash flow. So, SPI Energy'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 SPI Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SPI to invest in growth at high rates of return. When we think about SPI Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 209.53 M. Reported Net Loss for the year was (24.7 M) with profit before taxes, overhead, and interest of 14.48 M. | |
| SPI Energy Co has about 13.62 M in cash with (709 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48. | |
| Roughly 20.0% of SPI Energy outstanding shares are owned by corporate insiders | |
| Latest headline from seekingalpha.com: SPI Energy announces receipt of Nasdaq non-compliance notice |
SPI Energy 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 SPI Stock often depends not only on the future outlook of the current and potential SPI Energy'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. SPI Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.5 M | |
| Cash And Short Term Investments | 3.5 M |
SPI Energy Technical Analysis
SPI Energy's future price can be derived by breaking down and analyzing its technical indicators over time. SPI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPI Energy Co. In general, you should focus on analyzing SPI Stock price patterns and their correlations with different microeconomic environments and drivers.
SPI Energy Predictive Forecast Models
SPI Energy's time-series forecasting models is one of many SPI Energy'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 SPI Energy'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 SPI Energy
Checking the ongoing alerts about SPI Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPI Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SPI Energy generated a negative expected return over the last 90 days | |
| SPI Energy has some characteristics of a very speculative penny stock | |
| SPI Energy has high historical volatility and very poor performance | |
| SPI Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company has 75.2 M in debt with debt to equity (D/E) ratio of 2.09, meaning that the company heavily relies on borrowing funds for operations. SPI Energy has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist SPI Energy until it has trouble settling it off, either with new capital or with free cash flow. So, SPI Energy'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 SPI Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SPI to invest in growth at high rates of return. When we think about SPI Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 209.53 M. Reported Net Loss for the year was (24.7 M) with profit before taxes, overhead, and interest of 14.48 M. | |
| SPI Energy Co has about 13.62 M in cash with (709 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48. | |
| Roughly 20.0% of SPI Energy outstanding shares are owned by corporate insiders | |
| Latest headline from seekingalpha.com: SPI Energy announces receipt of Nasdaq non-compliance notice |
Check out SPI Energy Backtesting, SPI Energy Valuation, SPI Energy Correlation, SPI Energy Hype Analysis, SPI Energy Volatility, SPI Energy History as well as SPI Energy Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running SPI Energy's price analysis, check to measure SPI Energy'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 SPI Energy is operating at the current time. Most of SPI Energy's value examination focuses on studying past and present price action to predict the probability of SPI Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPI Energy's price. Additionally, you may evaluate how the addition of SPI Energy to your portfolios can decrease your overall portfolio volatility.
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Is SPI Energy'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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.228 | Quarterly Revenue Growth 0.307 | Return On Assets (0.04) | Return On Equity (1.25) |
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.