Addiko Bank (Austria) Probability of Future Stock Price Finishing Under 6.17
| ADKO Stock | EUR 18.85 0.15 0.80% |
Addiko |
Addiko Bank Target Price Odds to finish below 6.17
The tendency of Addiko 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 € 6.17 or more in 90 days |
| 18.85 | 90 days | 6.17 | near 1 |
Based on a normal probability distribution, the odds of Addiko Bank to drop to € 6.17 or more in 90 days from now is near 1 (This Addiko Bank AG probability density function shows the probability of Addiko Stock to fall within a particular range of prices over 90 days) . Probability of Addiko Bank AG price to stay between € 6.17 and its current price of €18.85 at the end of the 90-day period is about 46.2 .
Assuming the 90 days trading horizon Addiko Bank AG has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Addiko Bank are expected to decrease at a much lower rate. During a bear market, however, Addiko Bank AG is likely to outperform the market. Additionally Addiko Bank AG has an alpha of 0.2418, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Addiko Bank Price Density |
| Price |
Predictive Modules for Addiko Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Addiko Bank AG. 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.Addiko Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Addiko Bank is not an exception. The market had few large corrections towards the Addiko Bank'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 Addiko Bank AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Addiko Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | 0.07 |
Addiko Bank 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 Addiko Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Addiko Bank AG 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 35.0% of the company shares are held by company insiders |
Addiko Bank Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Addiko Stock often depends not only on the future outlook of the current and potential Addiko Bank's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Addiko Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.5 M | |
| Dividends Paid | 46.6 M | |
| Forward Annual Dividend Rate | 2.39 | |
| Shares Float | 18.4 M |
Addiko Bank Technical Analysis
Addiko Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Addiko Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Addiko Bank AG. In general, you should focus on analyzing Addiko Stock price patterns and their correlations with different microeconomic environments and drivers.
Addiko Bank Predictive Forecast Models
Addiko Bank's time-series forecasting models is one of many Addiko Bank'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 Addiko Bank'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 Addiko Bank AG
Checking the ongoing alerts about Addiko Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Addiko Bank AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 35.0% of the company shares are held by company insiders |
Other Information on Investing in Addiko Stock
Addiko Bank financial ratios help investors to determine whether Addiko 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 Addiko with respect to the benefits of owning Addiko Bank security.