CONICO (Germany) Chance of Future Stock Price Finishing Over 0.0051
| BDD Stock | 0.01 0.0006 10.00% |
CONICO |
CONICO Target Price Odds to finish over 0.0051
The tendency of CONICO 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 stay above 0.01 in 90 days |
| 0.01 | 90 days | 0.01 | about 10.88 |
Based on a normal probability distribution, the odds of CONICO to stay above 0.01 in 90 days from now is about 10.88 (This CONICO LTD probability density function shows the probability of CONICO Stock to fall within a particular range of prices over 90 days) . Probability of CONICO LTD price to stay between 0.01 and its current price of 0.0054 at the end of the 90-day period is roughly 2.45 .
Assuming the 90 days horizon CONICO LTD has a beta of -14.45 suggesting as returns on its benchmark rise, returns on holding CONICO LTD are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, CONICO is expected to outperform its benchmark. In addition to that CONICO LTD has an alpha of 16.5582, implying that it can generate a 16.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CONICO Price Density |
| Price |
Predictive Modules for CONICO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CONICO 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.CONICO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CONICO is not an exception. The market had few large corrections towards the CONICO'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 CONICO LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CONICO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 16.56 | |
β | Beta against Dow Jones | -14.45 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.16 |
CONICO 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 CONICO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CONICO 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.| CONICO LTD is way too risky over 90 days horizon | |
| CONICO LTD has some characteristics of a very speculative penny stock | |
| CONICO LTD appears to be risky and price may revert if volatility continues |
CONICO Technical Analysis
CONICO's future price can be derived by breaking down and analyzing its technical indicators over time. CONICO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CONICO LTD. In general, you should focus on analyzing CONICO Stock price patterns and their correlations with different microeconomic environments and drivers.
CONICO Predictive Forecast Models
CONICO's time-series forecasting models is one of many CONICO'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 CONICO'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 CONICO LTD
Checking the ongoing alerts about CONICO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CONICO LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CONICO LTD is way too risky over 90 days horizon | |
| CONICO LTD has some characteristics of a very speculative penny stock | |
| CONICO LTD appears to be risky and price may revert if volatility continues |
Other Information on Investing in CONICO Stock
CONICO financial ratios help investors to determine whether CONICO 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 CONICO with respect to the benefits of owning CONICO security.