EnviTec Biogas (Germany) Probability of Future Stock Price Finishing Over 29.9
| ETG Stock | EUR 30.60 0.40 1.29% |
EnviTec |
EnviTec Biogas Target Price Odds to finish over 29.9
The tendency of EnviTec 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 € 29.90 in 90 days |
| 30.60 | 90 days | 29.90 | under 95 |
Based on a normal probability distribution, the odds of EnviTec Biogas to stay above € 29.90 in 90 days from now is under 95 (This EnviTec Biogas AG probability density function shows the probability of EnviTec Stock to fall within a particular range of prices over 90 days) . Probability of EnviTec Biogas AG price to stay between € 29.90 and its current price of €30.6 at the end of the 90-day period is about 19.49 .
Assuming the 90 days horizon EnviTec Biogas has a beta of 0.0361 suggesting as returns on the market go up, EnviTec Biogas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EnviTec Biogas AG will be expected to be much smaller as well. Additionally EnviTec Biogas AG 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. EnviTec Biogas Price Density |
| Price |
Predictive Modules for EnviTec Biogas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EnviTec Biogas 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.EnviTec Biogas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EnviTec Biogas is not an exception. The market had few large corrections towards the EnviTec Biogas' 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 EnviTec Biogas AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EnviTec Biogas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.75 | |
Ir | Information ratio | -0.07 |
EnviTec Biogas 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 EnviTec Biogas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EnviTec Biogas 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 63.0% of the company shares are held by company insiders |
EnviTec Biogas 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 EnviTec Stock often depends not only on the future outlook of the current and potential EnviTec Biogas' 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. EnviTec Biogas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.8 M |
EnviTec Biogas Technical Analysis
EnviTec Biogas' future price can be derived by breaking down and analyzing its technical indicators over time. EnviTec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EnviTec Biogas AG. In general, you should focus on analyzing EnviTec Stock price patterns and their correlations with different microeconomic environments and drivers.
EnviTec Biogas Predictive Forecast Models
EnviTec Biogas' time-series forecasting models is one of many EnviTec Biogas' 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 EnviTec Biogas' 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 EnviTec Biogas AG
Checking the ongoing alerts about EnviTec Biogas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EnviTec Biogas AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 63.0% of the company shares are held by company insiders |
Other Information on Investing in EnviTec Stock
EnviTec Biogas financial ratios help investors to determine whether EnviTec 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 EnviTec with respect to the benefits of owning EnviTec Biogas security.