SCANDMEDICAL SOLDK (Germany) Probability of Future Stock Price Finishing Over 0.8
| K41 Stock | 0.77 0.01 1.32% |
SCANDMEDICAL |
SCANDMEDICAL SOLDK Target Price Odds to finish over 0.8
The tendency of SCANDMEDICAL 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 move over 0.80 or more in 90 days |
| 0.77 | 90 days | 0.80 | about 50.0 |
Based on a normal probability distribution, the odds of SCANDMEDICAL SOLDK to move over 0.80 or more in 90 days from now is about 50.0 (This SCANDMEDICAL SOLDK 040 probability density function shows the probability of SCANDMEDICAL Stock to fall within a particular range of prices over 90 days) . Probability of SCANDMEDICAL SOLDK 040 price to stay between its current price of 0.77 and 0.80 at the end of the 90-day period is about 33.65 .
Assuming the 90 days horizon SCANDMEDICAL SOLDK 040 has a beta of -0.0085. This indicates as returns on the benchmark increase, returns on holding SCANDMEDICAL SOLDK are expected to decrease at a much lower rate. During a bear market, however, SCANDMEDICAL SOLDK 040 is likely to outperform the market. Additionally SCANDMEDICAL SOLDK 040 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. SCANDMEDICAL SOLDK Price Density |
| Price |
Predictive Modules for SCANDMEDICAL SOLDK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCANDMEDICAL SOLDK 040. 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.SCANDMEDICAL SOLDK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCANDMEDICAL SOLDK is not an exception. The market had few large corrections towards the SCANDMEDICAL SOLDK'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 SCANDMEDICAL SOLDK 040, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCANDMEDICAL SOLDK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.0085 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.08 |
SCANDMEDICAL SOLDK 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 SCANDMEDICAL SOLDK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCANDMEDICAL SOLDK 040 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SCANDMEDICAL SOLDK generated a negative expected return over the last 90 days | |
| SCANDMEDICAL SOLDK has some characteristics of a very speculative penny stock |
SCANDMEDICAL SOLDK Technical Analysis
SCANDMEDICAL SOLDK's future price can be derived by breaking down and analyzing its technical indicators over time. SCANDMEDICAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCANDMEDICAL SOLDK 040. In general, you should focus on analyzing SCANDMEDICAL Stock price patterns and their correlations with different microeconomic environments and drivers.
SCANDMEDICAL SOLDK Predictive Forecast Models
SCANDMEDICAL SOLDK's time-series forecasting models is one of many SCANDMEDICAL SOLDK'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 SCANDMEDICAL SOLDK'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 SCANDMEDICAL SOLDK 040
Checking the ongoing alerts about SCANDMEDICAL SOLDK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCANDMEDICAL SOLDK 040 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SCANDMEDICAL SOLDK generated a negative expected return over the last 90 days | |
| SCANDMEDICAL SOLDK has some characteristics of a very speculative penny stock |
Other Information on Investing in SCANDMEDICAL Stock
SCANDMEDICAL SOLDK financial ratios help investors to determine whether SCANDMEDICAL 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 SCANDMEDICAL with respect to the benefits of owning SCANDMEDICAL SOLDK security.