CASTA DIVA (Germany) Probability of Future Stock Price Finishing Over 1.19
| 99C Stock | EUR 1.17 0.01 0.85% |
CASTA |
CASTA DIVA Target Price Odds to finish over 1.19
The tendency of CASTA 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 € 1.19 or more in 90 days |
| 1.17 | 90 days | 1.19 | about 39.06 |
Based on a normal probability distribution, the odds of CASTA DIVA to move over € 1.19 or more in 90 days from now is about 39.06 (This CASTA DIVA GROUP probability density function shows the probability of CASTA Stock to fall within a particular range of prices over 90 days) . Probability of CASTA DIVA GROUP price to stay between its current price of € 1.17 and € 1.19 at the end of the 90-day period is about 10.94 .
Assuming the 90 days horizon CASTA DIVA has a beta of 0.71. This suggests as returns on the market go up, CASTA DIVA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CASTA DIVA GROUP will be expected to be much smaller as well. Additionally CASTA DIVA GROUP has an alpha of 0.2486, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CASTA DIVA Price Density |
| Price |
Predictive Modules for CASTA DIVA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CASTA DIVA GROUP. 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.CASTA DIVA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CASTA DIVA is not an exception. The market had few large corrections towards the CASTA DIVA'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 CASTA DIVA GROUP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CASTA DIVA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.08 |
CASTA DIVA 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 CASTA DIVA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CASTA DIVA GROUP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CASTA DIVA GROUP may become a speculative penny stock | |
| The company has €760.89 Million in debt which may indicate that it relies heavily on debt financing | |
| About 65.0% of the company shares are owned by insiders or employees |
CASTA DIVA Technical Analysis
CASTA DIVA's future price can be derived by breaking down and analyzing its technical indicators over time. CASTA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CASTA DIVA GROUP. In general, you should focus on analyzing CASTA Stock price patterns and their correlations with different microeconomic environments and drivers.
CASTA DIVA Predictive Forecast Models
CASTA DIVA's time-series forecasting models is one of many CASTA DIVA'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 CASTA DIVA'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 CASTA DIVA GROUP
Checking the ongoing alerts about CASTA DIVA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CASTA DIVA GROUP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CASTA DIVA GROUP may become a speculative penny stock | |
| The company has €760.89 Million in debt which may indicate that it relies heavily on debt financing | |
| About 65.0% of the company shares are owned by insiders or employees |
Other Information on Investing in CASTA Stock
CASTA DIVA financial ratios help investors to determine whether CASTA 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 CASTA with respect to the benefits of owning CASTA DIVA security.