PARK24 (Germany) Chance of Future Stock Price Finishing Under 2.97
| 5FJ Stock | EUR 13.40 0.20 1.52% |
PARK24 |
PARK24 Target Price Odds to finish below 2.97
The tendency of PARK24 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 € 2.97 or more in 90 days |
| 13.40 | 90 days | 2.97 | about 1.22 |
Based on a normal probability distribution, the odds of PARK24 to drop to € 2.97 or more in 90 days from now is about 1.22 (This PARK24 LTD probability density function shows the probability of PARK24 Stock to fall within a particular range of prices over 90 days) . Probability of PARK24 LTD price to stay between € 2.97 and its current price of €13.4 at the end of the 90-day period is under 95 .
Assuming the 90 days horizon PARK24 LTD has a beta of -1.24. This suggests as returns on its benchmark rise, returns on holding PARK24 LTD are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, PARK24 is expected to outperform its benchmark. Moreover PARK24 LTD has an alpha of 1.6709, implying that it can generate a 1.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PARK24 Price Density |
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Predictive Modules for PARK24
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PARK24 LTD. 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.PARK24 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PARK24 is not an exception. The market had few large corrections towards the PARK24'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 PARK24 LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PARK24 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.67 | |
β | Beta against Dow Jones | -1.24 | |
σ | Overall volatility | 2.66 | |
Ir | Information ratio | 0.16 |
PARK24 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 PARK24 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PARK24 LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PARK24 LTD is way too risky over 90 days horizon | |
| PARK24 LTD appears to be risky and price may revert if volatility continues | |
| PARK24 LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 290.25 B. Net Loss for the year was (53.02 B) with profit before overhead, payroll, taxes, and interest of 70.59 B. | |
| About 25.0% of the company shares are owned by insiders or employees |
PARK24 Technical Analysis
PARK24's future price can be derived by breaking down and analyzing its technical indicators over time. PARK24 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PARK24 LTD. In general, you should focus on analyzing PARK24 Stock price patterns and their correlations with different microeconomic environments and drivers.
PARK24 Predictive Forecast Models
PARK24's time-series forecasting models is one of many PARK24'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 PARK24'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 PARK24 LTD
Checking the ongoing alerts about PARK24 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PARK24 LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PARK24 LTD is way too risky over 90 days horizon | |
| PARK24 LTD appears to be risky and price may revert if volatility continues | |
| PARK24 LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 290.25 B. Net Loss for the year was (53.02 B) with profit before overhead, payroll, taxes, and interest of 70.59 B. | |
| About 25.0% of the company shares are owned by insiders or employees |
Other Information on Investing in PARK24 Stock
PARK24 financial ratios help investors to determine whether PARK24 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 PARK24 with respect to the benefits of owning PARK24 security.