Elma Electronic (Switzerland) Probability of Future Stock Price Finishing Under 1008.02
| ELMN Stock | CHF 1,050 0.00 0.00% |
Elma |
Elma Electronic Target Price Odds to finish below 1008.02
The tendency of Elma 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 ₣ 1,008 or more in 90 days |
| 1,050 | 90 days | 1,008 | about 27.86 |
Based on a normal probability distribution, the odds of Elma Electronic to drop to ₣ 1,008 or more in 90 days from now is about 27.86 (This Elma Electronic AG probability density function shows the probability of Elma Stock to fall within a particular range of prices over 90 days) . Probability of Elma Electronic AG price to stay between ₣ 1,008 and its current price of ₣1050.0 at the end of the 90-day period is about 68.2 .
Assuming the 90 days trading horizon Elma Electronic has a beta of 0.0823 suggesting as returns on the market go up, Elma Electronic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Elma Electronic AG will be expected to be much smaller as well. Additionally Elma Electronic AG has an alpha of 0.0741, implying that it can generate a 0.0741 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Elma Electronic Price Density |
| Price |
Predictive Modules for Elma Electronic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Elma Electronic 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.Elma Electronic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Elma Electronic is not an exception. The market had few large corrections towards the Elma Electronic'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 Elma Electronic AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Elma Electronic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 17.53 | |
Ir | Information ratio | 0.04 |
Elma Electronic 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 Elma Electronic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Elma Electronic 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.| The company has ₣18.5 Million in debt which may indicate that it relies heavily on debt financing | |
| About 91.0% of the company shares are held by company insiders |
Elma Electronic 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 Elma Stock often depends not only on the future outlook of the current and potential Elma Electronic'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. Elma Electronic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 228.5 K | |
| Cash And Short Term Investments | 6.5 M |
Elma Electronic Technical Analysis
Elma Electronic's future price can be derived by breaking down and analyzing its technical indicators over time. Elma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elma Electronic AG. In general, you should focus on analyzing Elma Stock price patterns and their correlations with different microeconomic environments and drivers.
Elma Electronic Predictive Forecast Models
Elma Electronic's time-series forecasting models is one of many Elma Electronic'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 Elma Electronic'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 Elma Electronic AG
Checking the ongoing alerts about Elma Electronic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Elma Electronic AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has ₣18.5 Million in debt which may indicate that it relies heavily on debt financing | |
| About 91.0% of the company shares are held by company insiders |
Additional Tools for Elma Stock Analysis
When running Elma Electronic's price analysis, check to measure Elma Electronic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elma Electronic is operating at the current time. Most of Elma Electronic's value examination focuses on studying past and present price action to predict the probability of Elma Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elma Electronic's price. Additionally, you may evaluate how the addition of Elma Electronic to your portfolios can decrease your overall portfolio volatility.