Storebrand Global (Ireland) Probability of Future Fund Price Finishing Under 2379.36
| 0P0001EC8K | 2,374 14.37 0.60% |
Storebrand |
Storebrand Global Target Price Odds to finish below 2379.36
The tendency of Storebrand Fund 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 under 2,379 after 90 days |
| 2,374 | 90 days | 2,379 | about 83.01 |
Based on a normal probability distribution, the odds of Storebrand Global to stay under 2,379 after 90 days from now is about 83.01 (This Storebrand Global Solutions probability density function shows the probability of Storebrand Fund to fall within a particular range of prices over 90 days) . Probability of Storebrand Global price to stay between its current price of 2,374 and 2,379 at the end of the 90-day period is nearly 4.1 .
Assuming the 90 days trading horizon Storebrand Global has a beta of 0.0793. This suggests as returns on the market go up, Storebrand Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Storebrand Global Solutions will be expected to be much smaller as well. Additionally Storebrand Global Solutions has an alpha of 0.0416, implying that it can generate a 0.0416 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Storebrand Global Price Density |
| Price |
Predictive Modules for Storebrand Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Storebrand Global. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.Storebrand Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Storebrand Global is not an exception. The market had few large corrections towards the Storebrand Global'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 Storebrand Global Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Storebrand Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 32.70 | |
Ir | Information ratio | -0.04 |
Storebrand Global Technical Analysis
Storebrand Global's future price can be derived by breaking down and analyzing its technical indicators over time. Storebrand Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Storebrand Global Solutions. In general, you should focus on analyzing Storebrand Fund price patterns and their correlations with different microeconomic environments and drivers.
Storebrand Global Predictive Forecast Models
Storebrand Global's time-series forecasting models is one of many Storebrand Global's fund 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 Storebrand Global'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 fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Storebrand Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Storebrand Global's short interest history, or implied volatility extrapolated from Storebrand Global options trading.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |