Irish Continental (Ireland) Probability of Future Stock Price Finishing Under 0.74
| IR5B Stock | EUR 5.24 0.08 1.55% |
Irish |
Irish Continental Target Price Odds to finish below 0.74
The tendency of Irish 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 € 0.74 or more in 90 days |
| 5.24 | 90 days | 0.74 | close to zero percent |
Based on a normal probability distribution, the odds of Irish Continental to drop to € 0.74 or more in 90 days from now is close to zero percent (This Irish Continental Group probability density function shows the probability of Irish Stock to fall within a particular range of prices over 90 days) . Probability of Irish Continental price to stay between € 0.74 and its current price of €5.24 at the end of the 90-day period is about 1.59 .
Assuming the 90 days trading horizon Irish Continental Group has a beta of -0.08. This usually indicates as returns on the benchmark increase, returns on holding Irish Continental are expected to decrease at a much lower rate. During a bear market, however, Irish Continental Group is likely to outperform the market. Additionally Irish Continental Group 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. Irish Continental Price Density |
| Price |
Predictive Modules for Irish Continental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Irish Continental. 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.Irish Continental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Irish Continental is not an exception. The market had few large corrections towards the Irish Continental'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 Irish Continental Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Irish Continental 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 | 0.1 | |
Ir | Information ratio | -0.06 |
Irish Continental 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 Irish Continental for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Irish Continental can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Irish Continental generated a negative expected return over the last 90 days | |
| The company reported the revenue of 334.5 M. Net Loss for the year was (4.9 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 19.0% of the company shares are held by company insiders |
Irish Continental 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 Irish Stock often depends not only on the future outlook of the current and potential Irish Continental'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. Irish Continental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 186.7 M | |
| Cash And Short Term Investments | 38.5 M |
Irish Continental Technical Analysis
Irish Continental's future price can be derived by breaking down and analyzing its technical indicators over time. Irish Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Irish Continental Group. In general, you should focus on analyzing Irish Stock price patterns and their correlations with different microeconomic environments and drivers.
Irish Continental Predictive Forecast Models
Irish Continental's time-series forecasting models is one of many Irish Continental'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 Irish Continental'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 Irish Continental
Checking the ongoing alerts about Irish Continental for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Irish Continental help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Irish Continental generated a negative expected return over the last 90 days | |
| The company reported the revenue of 334.5 M. Net Loss for the year was (4.9 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 19.0% of the company shares are held by company insiders |
Additional Tools for Irish Stock Analysis
When running Irish Continental's price analysis, check to measure Irish Continental'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 Irish Continental is operating at the current time. Most of Irish Continental's value examination focuses on studying past and present price action to predict the probability of Irish Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Irish Continental's price. Additionally, you may evaluate how the addition of Irish Continental to your portfolios can decrease your overall portfolio volatility.