AudioCodes (Israel) Probability of Future Stock Price Finishing Under 3,391

AUDC Stock  ILA 3,344  26.00  0.77%   
AudioCodes' future price is the expected price of AudioCodes instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of AudioCodes performance during a given time horizon utilizing its historical volatility. Check out AudioCodes Backtesting, AudioCodes Valuation, AudioCodes Correlation, AudioCodes Hype Analysis, AudioCodes Volatility, AudioCodes History as well as AudioCodes Performance.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.
  
Please specify AudioCodes' target price for which you would like AudioCodes odds to be computed.

AudioCodes Target Price Odds to finish below 3,391

The tendency of AudioCodes 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 PriceHorizonTarget PriceOdds to move below current price in 90 days
 3,344 90 days 3,344 
about 22.2
Based on a normal probability distribution, the odds of AudioCodes to move below current price in 90 days from now is about 22.2 (This AudioCodes probability density function shows the probability of AudioCodes Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon AudioCodes has a beta of 0.0615. This suggests as returns on the market go up, AudioCodes average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AudioCodes will be expected to be much smaller as well. Additionally AudioCodes 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.
   AudioCodes Price Density   
       Price  

Predictive Modules for AudioCodes

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AudioCodes. 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.
Hype
Prediction
LowEstimatedHigh
3,3413,3443,347
Details
Intrinsic
Valuation
LowRealHigh
2,9912,9943,678
Details

AudioCodes Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. AudioCodes is not an exception. The market had few large corrections towards the AudioCodes' 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 AudioCodes, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AudioCodes within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.25
β
Beta against Dow Jones0.06
σ
Overall volatility
273.00
Ir
Information ratio -0.13

AudioCodes 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 AudioCodes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AudioCodes can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
AudioCodes generated a negative expected return over the last 90 days
About 24.0% of the company shares are held by company insiders

AudioCodes Technical Analysis

AudioCodes' future price can be derived by breaking down and analyzing its technical indicators over time. AudioCodes Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AudioCodes. In general, you should focus on analyzing AudioCodes Stock price patterns and their correlations with different microeconomic environments and drivers.

AudioCodes Predictive Forecast Models

AudioCodes' time-series forecasting models is one of many AudioCodes' 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 AudioCodes' 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 AudioCodes

Checking the ongoing alerts about AudioCodes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AudioCodes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
AudioCodes generated a negative expected return over the last 90 days
About 24.0% of the company shares are held by company insiders

Additional Information and Resources on Investing in AudioCodes Stock

When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:
Check out AudioCodes Backtesting, AudioCodes Valuation, AudioCodes Correlation, AudioCodes Hype Analysis, AudioCodes Volatility, AudioCodes History as well as AudioCodes Performance.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.
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Please note, there is a significant difference between AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.