Seneca Stock Probability of Future Stock Price Finishing Over 61.44

SENEA
 Stock
  

USD 61.44  1.55  2.46%   

Seneca Foods' future price is the expected price of Seneca Foods 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 Seneca Foods Cp performance during a given time horizon utilizing its historical volatility. The current year Price to Earnings Ratio is expected to grow to 7.51, whereas Price to Book Value is forecasted to decline to 0.73.
  
Additionally, take a look at Seneca Foods Backtesting, Seneca Foods Valuation, Seneca Foods Correlation, Seneca Foods Hype Analysis, Seneca Foods Volatility, Seneca Foods History as well as Seneca Foods Performance. Please specify Seneca Foods time horizon, a valid symbol (red box) and a target price (blue box) you would like Seneca Foods odds to be computed.

Seneca Foods Target Price Odds to finish over 61.44

The tendency of Seneca 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 move above the current price in 90 days
 61.44 90 days 61.44 
about 22.35
Based on a normal probability distribution, the odds of Seneca Foods to move above the current price in 90 days from now is about 22.35 (This Seneca Foods Cp probability density function shows the probability of Seneca Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Seneca Foods has a beta of 0.74. This usually implies as returns on the market go up, Seneca Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Seneca Foods Cp will be expected to be much smaller as well. Additionally The company has an alpha of 0.2087, implying that it can generate a 0.21 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Seneca Foods Price Density   
       Price  

Predictive Modules for Seneca Foods

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Seneca Foods Cp. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Seneca Foods' 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. Please use the tools below to analyze the current value of Seneca Foods in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
59.8862.1464.40
Details
Intrinsic
Valuation
LowReal ValueHigh
44.3946.6568.42
Details
Naive
Forecast
LowNext ValueHigh
60.6962.9565.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
61.6964.0866.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Seneca Foods. Your research has to be compared to or analyzed against Seneca Foods' peers to derive any actionable benefits. When done correctly, Seneca Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Seneca Foods Cp.

Seneca Foods Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Seneca Foods is not an exception. The market had few large corrections towards the Seneca Foods' 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 Seneca Foods Cp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Seneca Foods within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.21
β
Beta against DOW0.74
σ
Overall volatility
5.76
Ir
Information ratio 0.09

Seneca Foods 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 Seneca Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Seneca Foods Cp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Seneca Foods Cp has accumulated about 12.24 M in cash with (14.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.54.
Roughly 72.0% of the company shares are owned by institutional investors

Seneca Foods 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 Seneca Stock often depends not only on the future outlook of the current and potential Seneca Foods' 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. Seneca Foods' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.43%
Short Percent Of Float2.61%
Float Shares6.23M
Shares Short Prior Month146.92k
Average Daily Volume Last 10 Day36.85k
Average Daily Volume In Three Month37.45k
Date Short Interest14th of October 2022

Seneca Foods Technical Analysis

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

Seneca Foods Predictive Forecast Models

Seneca Foods time-series forecasting models is one of many Seneca Foods' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Seneca Foods' 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 Seneca Foods Cp

Checking the ongoing alerts about Seneca Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Seneca Foods Cp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Seneca Foods Cp has accumulated about 12.24 M in cash with (14.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.54.
Roughly 72.0% of the company shares are owned by institutional investors
Additionally, take a look at Seneca Foods Backtesting, Seneca Foods Valuation, Seneca Foods Correlation, Seneca Foods Hype Analysis, Seneca Foods Volatility, Seneca Foods History as well as Seneca Foods Performance. Note that the Seneca Foods Cp information on this page should be used as a complementary analysis to other Seneca Foods' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Seneca Stock analysis

When running Seneca Foods Cp price analysis, check to measure Seneca Foods' 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 Seneca Foods is operating at the current time. Most of Seneca Foods' value examination focuses on studying past and present price action to predict the probability of Seneca Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Seneca Foods' price. Additionally, you may evaluate how the addition of Seneca Foods to your portfolios can decrease your overall portfolio volatility.
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Is Seneca Foods' 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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 YOY
0.55
Market Capitalization
482.1 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0323
Return On Equity
0.0805
The market value of Seneca Foods Cp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Seneca Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.