Six Flags Entertainment Stock Probability of Future Stock Price Finishing Under 22.12
| SIX Stock | USD 32.00 1.14 3.44% |
Closest to current price Six long CALL Option Payoff at Expiration
Six |
Six Flags Target Price Odds to finish below 22.12
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 $ 22.12 or more in 90 days |
| 32.00 | 90 days | 22.12 | about 10.94 |
Based on a normal probability distribution, the odds of Six Flags to drop to $ 22.12 or more in 90 days from now is about 10.94 (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 $ 22.12 and its current price of $32.0 at the end of the 90-day period is about 88.77 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.38 . 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, Six Flags will likely underperform. Additionally Six Flags Entertainment has an alpha of 0.4899, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 | 0.49 | |
β | Beta against Dow Jones | 1.38 | |
σ | Overall volatility | 2.43 | |
Ir | Information ratio | 0.21 |
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 high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments | |
| Six Flags Entertainment has 236.87 M in debt with debt to equity (D/E) ratio of 569.6, 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 0.4, 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 99.0% of Six Flags shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Six Flags Launches Groundbreaking Metaverse Experience on Roblox, Bridging Physical and Digital Worlds A First in the Theme Park Industry |
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 | 83.6 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 high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments | |
| Six Flags Entertainment has 236.87 M in debt with debt to equity (D/E) ratio of 569.6, 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 0.4, 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 99.0% of Six Flags shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Six Flags Launches Groundbreaking Metaverse Experience on Roblox, Bridging Physical and Digital Worlds A First in the Theme Park Industry |
Additional Tools for Six Stock Analysis
When running Six Flags' price analysis, check to measure Six Flags' 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 Six Flags is operating at the current time. Most of Six Flags' value examination focuses on studying past and present price action to predict the probability of Six Flags' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Six Flags' price. Additionally, you may evaluate how the addition of Six Flags to your portfolios can decrease your overall portfolio volatility.