UniCredit SpA (Germany) Probability of Future Stock Price Finishing Under 27.96
| CRIN Stock | EUR 37.74 0.30 0.80% |
UniCredit |
UniCredit SpA Target Price Odds to finish below 27.96
The tendency of UniCredit 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 € 27.96 or more in 90 days |
| 37.74 | 90 days | 27.96 | near 1 |
Based on a normal probability distribution, the odds of UniCredit SpA to drop to € 27.96 or more in 90 days from now is near 1 (This UniCredit SpA probability density function shows the probability of UniCredit Stock to fall within a particular range of prices over 90 days) . Probability of UniCredit SpA price to stay between € 27.96 and its current price of €37.74 at the end of the 90-day period is about 24.28 .
Assuming the 90 days trading horizon UniCredit SpA has a beta of -0.0651 suggesting as returns on the benchmark increase, returns on holding UniCredit SpA are expected to decrease at a much lower rate. During a bear market, however, UniCredit SpA is likely to outperform the market. Additionally UniCredit SpA has an alpha of 0.0799, implying that it can generate a 0.0799 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). UniCredit SpA Price Density |
| Price |
Predictive Modules for UniCredit SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as UniCredit SpA. 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.UniCredit SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. UniCredit SpA is not an exception. The market had few large corrections towards the UniCredit SpA'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 UniCredit SpA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of UniCredit SpA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 1.35 | |
Ir | Information ratio | 0.02 |
UniCredit SpA 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 UniCredit SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for UniCredit SpA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| UniCredit SpA generated a negative expected return over the last 90 days | |
| UniCredit SpA has accumulated about 107.64 B in cash with (7.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 48.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
UniCredit SpA 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 UniCredit Stock often depends not only on the future outlook of the current and potential UniCredit SpA'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. UniCredit SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B |
UniCredit SpA Technical Analysis
UniCredit SpA's future price can be derived by breaking down and analyzing its technical indicators over time. UniCredit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of UniCredit SpA. In general, you should focus on analyzing UniCredit Stock price patterns and their correlations with different microeconomic environments and drivers.
UniCredit SpA Predictive Forecast Models
UniCredit SpA's time-series forecasting models is one of many UniCredit SpA'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 UniCredit SpA'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 UniCredit SpA
Checking the ongoing alerts about UniCredit SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for UniCredit SpA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| UniCredit SpA generated a negative expected return over the last 90 days | |
| UniCredit SpA has accumulated about 107.64 B in cash with (7.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 48.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in UniCredit Stock
UniCredit SpA financial ratios help investors to determine whether UniCredit 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 UniCredit with respect to the benefits of owning UniCredit SpA security.