NIKKON HOLDINGS (Germany) Probability of Future Stock Price Finishing Under 5.10
| 1CM Stock | EUR 12.10 0.10 0.82% |
NIKKON |
NIKKON HOLDINGS Target Price Odds to finish below 5.10
The tendency of NIKKON 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 € 5.10 or more in 90 days |
| 12.10 | 90 days | 5.10 | near 1 |
Based on a normal probability distribution, the odds of NIKKON HOLDINGS to drop to € 5.10 or more in 90 days from now is near 1 (This NIKKON HOLDINGS TD probability density function shows the probability of NIKKON Stock to fall within a particular range of prices over 90 days) . Probability of NIKKON HOLDINGS TD price to stay between € 5.10 and its current price of €12.1 at the end of the 90-day period is about 80.07 .
Assuming the 90 days horizon NIKKON HOLDINGS has a beta of 0.0468. This suggests as returns on the market go up, NIKKON HOLDINGS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NIKKON HOLDINGS TD will be expected to be much smaller as well. Additionally NIKKON HOLDINGS TD has an alpha of 0.0497, implying that it can generate a 0.0497 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NIKKON HOLDINGS Price Density |
| Price |
Predictive Modules for NIKKON HOLDINGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NIKKON HOLDINGS TD. 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.NIKKON HOLDINGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NIKKON HOLDINGS is not an exception. The market had few large corrections towards the NIKKON HOLDINGS'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 NIKKON HOLDINGS TD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NIKKON HOLDINGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.02 |
NIKKON HOLDINGS 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 NIKKON HOLDINGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NIKKON HOLDINGS TD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 16.0% of the company shares are owned by insiders or employees |
NIKKON HOLDINGS Technical Analysis
NIKKON HOLDINGS's future price can be derived by breaking down and analyzing its technical indicators over time. NIKKON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NIKKON HOLDINGS TD. In general, you should focus on analyzing NIKKON Stock price patterns and their correlations with different microeconomic environments and drivers.
NIKKON HOLDINGS Predictive Forecast Models
NIKKON HOLDINGS's time-series forecasting models is one of many NIKKON HOLDINGS'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 NIKKON HOLDINGS'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.
Things to note about NIKKON HOLDINGS TD
Checking the ongoing alerts about NIKKON HOLDINGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NIKKON HOLDINGS TD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 16.0% of the company shares are owned by insiders or employees |
Other Information on Investing in NIKKON Stock
NIKKON HOLDINGS financial ratios help investors to determine whether NIKKON 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 NIKKON with respect to the benefits of owning NIKKON HOLDINGS security.