Compagnie (Germany) Probability of Future Stock Price Finishing Under 87.42
| GOB Stock | EUR 89.72 0.12 0.13% |
Compagnie |
Compagnie Target Price Odds to finish below 87.42
The tendency of Compagnie 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 € 87.42 or more in 90 days |
| 89.72 | 90 days | 87.42 | about 85.69 |
Based on a normal probability distribution, the odds of Compagnie to drop to € 87.42 or more in 90 days from now is about 85.69 (This Compagnie de Saint Gobain probability density function shows the probability of Compagnie Stock to fall within a particular range of prices over 90 days) . Probability of Compagnie de Saint price to stay between € 87.42 and its current price of €89.72 at the end of the 90-day period is about 10.42 .
Assuming the 90 days horizon Compagnie has a beta of 0.34. This usually indicates as returns on the market go up, Compagnie average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Compagnie de Saint Gobain will be expected to be much smaller as well. Additionally Compagnie de Saint Gobain has an alpha of 0.2085, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Compagnie Price Density |
| Price |
Predictive Modules for Compagnie
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compagnie de Saint. 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.Compagnie Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compagnie is not an exception. The market had few large corrections towards the Compagnie'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 Compagnie de Saint Gobain, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compagnie within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 3.24 | |
Ir | Information ratio | 0.1 |
Compagnie 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 Compagnie for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compagnie de Saint can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compagnie de Saint has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Compagnie Technical Analysis
Compagnie's future price can be derived by breaking down and analyzing its technical indicators over time. Compagnie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compagnie de Saint Gobain. In general, you should focus on analyzing Compagnie Stock price patterns and their correlations with different microeconomic environments and drivers.
Compagnie Predictive Forecast Models
Compagnie's time-series forecasting models is one of many Compagnie'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 Compagnie'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 Compagnie de Saint
Checking the ongoing alerts about Compagnie for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compagnie de Saint help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compagnie de Saint has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in Compagnie Stock
Compagnie financial ratios help investors to determine whether Compagnie 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 Compagnie with respect to the benefits of owning Compagnie security.