BLUELINX HLDGS (Germany) Probability of Future Stock Price Finishing Under 77.82
| FZG1 Stock | EUR 102.00 4.00 3.77% |
BLUELINX |
BLUELINX HLDGS Target Price Odds to finish below 77.82
The tendency of BLUELINX 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 € 77.82 or more in 90 days |
| 102.00 | 90 days | 77.82 | near 1 |
Based on a normal probability distribution, the odds of BLUELINX HLDGS to drop to € 77.82 or more in 90 days from now is near 1 (This BLUELINX HLDGS DL 01 probability density function shows the probability of BLUELINX Stock to fall within a particular range of prices over 90 days) . Probability of BLUELINX HLDGS DL price to stay between € 77.82 and its current price of €102.0 at the end of the 90-day period is about 33.81 .
Assuming the 90 days trading horizon BLUELINX HLDGS has a beta of 0.87. This usually indicates BLUELINX HLDGS DL 01 market returns are reactive to returns on the market. As the market goes up or down, BLUELINX HLDGS is expected to follow. Additionally BLUELINX HLDGS DL 01 has an alpha of 0.076, implying that it can generate a 0.076 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BLUELINX HLDGS Price Density |
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Predictive Modules for BLUELINX HLDGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BLUELINX HLDGS DL. 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.BLUELINX HLDGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BLUELINX HLDGS is not an exception. The market had few large corrections towards the BLUELINX HLDGS'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 BLUELINX HLDGS DL 01, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BLUELINX HLDGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.87 | |
σ | Overall volatility | 10.42 | |
Ir | Information ratio | 0.02 |
BLUELINX HLDGS 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 BLUELINX HLDGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BLUELINX HLDGS DL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BLUELINX HLDGS DL had very high historical volatility over the last 90 days | |
| Over 87.0% of the company shares are owned by institutional investors |
BLUELINX HLDGS Technical Analysis
BLUELINX HLDGS's future price can be derived by breaking down and analyzing its technical indicators over time. BLUELINX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BLUELINX HLDGS DL 01. In general, you should focus on analyzing BLUELINX Stock price patterns and their correlations with different microeconomic environments and drivers.
BLUELINX HLDGS Predictive Forecast Models
BLUELINX HLDGS's time-series forecasting models is one of many BLUELINX HLDGS'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 BLUELINX HLDGS'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 BLUELINX HLDGS DL
Checking the ongoing alerts about BLUELINX HLDGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BLUELINX HLDGS DL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BLUELINX HLDGS DL had very high historical volatility over the last 90 days | |
| Over 87.0% of the company shares are owned by institutional investors |
Other Information on Investing in BLUELINX Stock
BLUELINX HLDGS financial ratios help investors to determine whether BLUELINX 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 BLUELINX with respect to the benefits of owning BLUELINX HLDGS security.