JSC National (Germany) Probability of Future Stock Price Finishing Under 29.15
| 0ZQ Stock | EUR 36.00 0.40 1.10% |
JSC |
JSC National Target Price Odds to finish below 29.15
The tendency of JSC 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 € 29.15 or more in 90 days |
| 36.00 | 90 days | 29.15 | near 1 |
Based on a normal probability distribution, the odds of JSC National to drop to € 29.15 or more in 90 days from now is near 1 (This JSC National Atomic probability density function shows the probability of JSC Stock to fall within a particular range of prices over 90 days) . Probability of JSC National Atomic price to stay between € 29.15 and its current price of €36.0 at the end of the 90-day period is about 41.37 .
Assuming the 90 days horizon JSC National Atomic has a beta of -0.0339. This suggests as returns on the benchmark increase, returns on holding JSC National are expected to decrease at a much lower rate. During a bear market, however, JSC National Atomic is likely to outperform the market. Additionally JSC National Atomic has an alpha of 0.1859, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JSC National Price Density |
| Price |
Predictive Modules for JSC National
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JSC National Atomic. 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.JSC National Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JSC National is not an exception. The market had few large corrections towards the JSC National'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 JSC National Atomic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JSC National within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | 0.07 |
JSC National 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 JSC Stock often depends not only on the future outlook of the current and potential JSC National'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. JSC National's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 259.4 M |
JSC National Technical Analysis
JSC National's future price can be derived by breaking down and analyzing its technical indicators over time. JSC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JSC National Atomic. In general, you should focus on analyzing JSC Stock price patterns and their correlations with different microeconomic environments and drivers.
JSC National Predictive Forecast Models
JSC National's time-series forecasting models is one of many JSC National'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 JSC National'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.
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 JSC National 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, JSC National's short interest history, or implied volatility extrapolated from JSC National options trading.
Other Information on Investing in JSC Stock
JSC National financial ratios help investors to determine whether JSC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JSC with respect to the benefits of owning JSC National security.