SCANDINAV REAL (Germany) Probability of Future Stock Price Finishing Over 1.17
| 782 Stock | 1.05 0.03 2.94% |
SCANDINAV |
SCANDINAV REAL Target Price Odds to finish over 1.17
The tendency of SCANDINAV 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 over 1.17 or more in 90 days |
| 1.05 | 90 days | 1.17 | more than 93.0 |
Based on a normal probability distribution, the odds of SCANDINAV REAL to move over 1.17 or more in 90 days from now is more than 93.0 (This SCANDINAV REAL HEART probability density function shows the probability of SCANDINAV Stock to fall within a particular range of prices over 90 days) . Probability of SCANDINAV REAL HEART price to stay between its current price of 1.05 and 1.17 at the end of the 90-day period is nearly 4.4 .
Assuming the 90 days horizon SCANDINAV REAL HEART has a beta of -0.21. This suggests as returns on the benchmark increase, returns on holding SCANDINAV REAL are expected to decrease at a much lower rate. During a bear market, however, SCANDINAV REAL HEART is likely to outperform the market. Additionally SCANDINAV REAL HEART has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. SCANDINAV REAL Price Density |
| Price |
Predictive Modules for SCANDINAV REAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCANDINAV REAL HEART. 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.SCANDINAV REAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCANDINAV REAL is not an exception. The market had few large corrections towards the SCANDINAV REAL'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 SCANDINAV REAL HEART, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCANDINAV REAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.75 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.15 |
SCANDINAV REAL 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 SCANDINAV REAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCANDINAV REAL HEART can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SCANDINAV REAL HEART generated a negative expected return over the last 90 days | |
| SCANDINAV REAL HEART has high historical volatility and very poor performance | |
| SCANDINAV REAL HEART has some characteristics of a very speculative penny stock |
SCANDINAV REAL Technical Analysis
SCANDINAV REAL's future price can be derived by breaking down and analyzing its technical indicators over time. SCANDINAV Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCANDINAV REAL HEART. In general, you should focus on analyzing SCANDINAV Stock price patterns and their correlations with different microeconomic environments and drivers.
SCANDINAV REAL Predictive Forecast Models
SCANDINAV REAL's time-series forecasting models is one of many SCANDINAV REAL'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 SCANDINAV REAL'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 SCANDINAV REAL HEART
Checking the ongoing alerts about SCANDINAV REAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCANDINAV REAL HEART help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SCANDINAV REAL HEART generated a negative expected return over the last 90 days | |
| SCANDINAV REAL HEART has high historical volatility and very poor performance | |
| SCANDINAV REAL HEART has some characteristics of a very speculative penny stock |