BIORA THERAPEUTNEW (Germany) Probability of Future Stock Price Finishing Over 5.10
| 4ZU0 Stock | 5.10 0.00 0.00% |
BIORA |
BIORA THERAPEUTNEW Target Price Odds to finish over 5.10
The tendency of BIORA 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 move above the current price in 90 days |
| 5.10 | 90 days | 5.10 | about 23.44 |
Based on a normal probability distribution, the odds of BIORA THERAPEUTNEW to move above the current price in 90 days from now is about 23.44 (This BIORA THERAPEUTNEW 001 probability density function shows the probability of BIORA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 95.0 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BIORA THERAPEUTNEW will likely underperform. In addition to that BIORA THERAPEUTNEW 001 has an alpha of 145.7717, implying that it can generate a 145.77 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BIORA THERAPEUTNEW Price Density |
| Price |
Predictive Modules for BIORA THERAPEUTNEW
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BIORA THERAPEUTNEW 001. 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.BIORA THERAPEUTNEW Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BIORA THERAPEUTNEW is not an exception. The market had few large corrections towards the BIORA THERAPEUTNEW'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 BIORA THERAPEUTNEW 001, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BIORA THERAPEUTNEW within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 145.77 | |
β | Beta against Dow Jones | 95.00 | |
σ | Overall volatility | 2.43 | |
Ir | Information ratio | 0.12 |
BIORA THERAPEUTNEW 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 BIORA THERAPEUTNEW for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BIORA THERAPEUTNEW 001 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BIORA THERAPEUTNEW is not yet fully synchronised with the market data | |
| BIORA THERAPEUTNEW is way too risky over 90 days horizon | |
| BIORA THERAPEUTNEW appears to be risky and price may revert if volatility continues |
BIORA THERAPEUTNEW Technical Analysis
BIORA THERAPEUTNEW's future price can be derived by breaking down and analyzing its technical indicators over time. BIORA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BIORA THERAPEUTNEW 001. In general, you should focus on analyzing BIORA Stock price patterns and their correlations with different microeconomic environments and drivers.
BIORA THERAPEUTNEW Predictive Forecast Models
BIORA THERAPEUTNEW's time-series forecasting models is one of many BIORA THERAPEUTNEW'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 BIORA THERAPEUTNEW'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 BIORA THERAPEUTNEW 001
Checking the ongoing alerts about BIORA THERAPEUTNEW for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BIORA THERAPEUTNEW 001 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BIORA THERAPEUTNEW is not yet fully synchronised with the market data | |
| BIORA THERAPEUTNEW is way too risky over 90 days horizon | |
| BIORA THERAPEUTNEW appears to be risky and price may revert if volatility continues |
Other Information on Investing in BIORA Stock
BIORA THERAPEUTNEW financial ratios help investors to determine whether BIORA 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 BIORA with respect to the benefits of owning BIORA THERAPEUTNEW security.