Spectrum Brands Holdings Stock Probability of Future Stock Price Finishing Over 45.51

SPB Stock  USD 88.91  0.65  0.74%   
Spectrum Brands' implied volatility is one of the determining factors in the pricing options written on Spectrum Brands Holdings. Implied volatility approximates the future value of Spectrum Brands based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Spectrum Brands Holdings over a specific time period. For example, 2024-04-19 CALL at $90.0 is a CALL option contract on Spectrum Brands' common stock with a strick price of 90.0 expiring on 2024-04-19. The contract was last traded on 2024-03-26 at 15:38:57 for $1.25 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.25, and an ask price of $1.45. The implied volatility as of the 28th of March is 21.61. View All Spectrum options

Closest to current price Spectrum long CALL Option Payoff at Expiration

Spectrum Brands' future price is the expected price of Spectrum Brands instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Spectrum Brands Holdings performance during a given time horizon utilizing its historical volatility. Check out Spectrum Brands Backtesting, Spectrum Brands Valuation, Spectrum Brands Correlation, Spectrum Brands Hype Analysis, Spectrum Brands Volatility, Spectrum Brands History as well as Spectrum Brands Performance.
  
At present, Spectrum Brands' Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 0.96, whereas Price Earnings Ratio is forecasted to decline to (10.54). Please specify Spectrum Brands' target price for which you would like Spectrum Brands odds to be computed.

Spectrum Brands Target Price Odds to finish over 45.51

The tendency of Spectrum 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 PriceHorizonTarget PriceOdds to stay above $ 45.51  in 90 days
 88.91 90 days 45.51 
close to 99
Based on a normal probability distribution, the odds of Spectrum Brands to stay above $ 45.51  in 90 days from now is close to 99 (This Spectrum Brands Holdings probability density function shows the probability of Spectrum Stock to fall within a particular range of prices over 90 days) . Probability of Spectrum Brands Holdings price to stay between $ 45.51  and its current price of $88.91 at the end of the 90-day period is close to 99 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.1 . This usually implies Spectrum Brands Holdings market returns are sensitive to returns on the market. As the market goes up or down, Spectrum Brands is expected to follow. Additionally Spectrum Brands Holdings has an alpha of 0.0203, implying that it can generate a 0.0203 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Spectrum Brands Price Density   
       Price  

Predictive Modules for Spectrum Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spectrum Brands 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 Spectrum Brands' 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.
Hype
Prediction
LowEstimatedHigh
87.0088.7090.40
Details
Intrinsic
Valuation
LowRealHigh
86.3588.0589.75
Details
Naive
Forecast
LowNextHigh
88.5590.2491.94
Details
10 Analysts
Consensus
LowTargetHigh
83.3891.63101.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Spectrum Brands. Your research has to be compared to or analyzed against Spectrum Brands' peers to derive any actionable benefits. When done correctly, Spectrum Brands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Spectrum Brands Holdings.

Spectrum Brands Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Spectrum Brands is not an exception. The market had few large corrections towards the Spectrum Brands' 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 Spectrum Brands Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spectrum Brands within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.02
β
Beta against NYSE Composite1.10
σ
Overall volatility
3.30
Ir
Information ratio 0.02

Spectrum Brands 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 Spectrum Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spectrum Brands 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.
Spectrum Brands Holdings has about 243.7 M in cash with (409.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.07.
Spectrum Brands has a poor financial position based on the latest SEC disclosures
Over 97.0% of the company shares are owned by institutional investors
On 12th of March 2024 Spectrum Brands paid $ 0.42 per share dividend to its current shareholders
Latest headline from news.google.com: Spectrum Brands Sets New 12-Month High at 88.56 - MarketBeat

Spectrum Brands 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 Spectrum Stock often depends not only on the future outlook of the current and potential Spectrum Brands' 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. Spectrum Brands' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding35.6 M
Cash And Short Term Investments1.9 B

Spectrum Brands Technical Analysis

Spectrum Brands' future price can be derived by breaking down and analyzing its technical indicators over time. Spectrum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spectrum Brands Holdings. In general, you should focus on analyzing Spectrum Stock price patterns and their correlations with different microeconomic environments and drivers.

Spectrum Brands Predictive Forecast Models

Spectrum Brands' time-series forecasting models is one of many Spectrum Brands' 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 Spectrum Brands' 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 Spectrum Brands Holdings

Checking the ongoing alerts about Spectrum Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spectrum Brands Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Spectrum Brands Holdings has about 243.7 M in cash with (409.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.07.
Spectrum Brands has a poor financial position based on the latest SEC disclosures
Over 97.0% of the company shares are owned by institutional investors
On 12th of March 2024 Spectrum Brands paid $ 0.42 per share dividend to its current shareholders
Latest headline from news.google.com: Spectrum Brands Sets New 12-Month High at 88.56 - MarketBeat
When determining whether Spectrum Brands Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spectrum Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spectrum Brands Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spectrum Brands Holdings Stock:
Check out Spectrum Brands Backtesting, Spectrum Brands Valuation, Spectrum Brands Correlation, Spectrum Brands Hype Analysis, Spectrum Brands Volatility, Spectrum Brands History as well as Spectrum Brands Performance.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Spectrum Brands' price analysis, check to measure Spectrum Brands' 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 Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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Is Spectrum Brands' 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 Spectrum Brands. If investors know Spectrum 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 Spectrum Brands 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
0.263
Dividend Share
1.68
Earnings Share
(4.42)
Revenue Per Share
76.709
Quarterly Revenue Growth
(0.03)
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' 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 Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' 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 Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' 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.