Aurubis AG (Germany) Probability of Future Stock Price Finishing Under 81.43
| NDA Stock | 77.90 1.70 2.14% |
Aurubis |
Aurubis AG Target Price Odds to finish below 81.43
The tendency of Aurubis 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 under 81.43 after 90 days |
| 77.90 | 90 days | 81.43 | about 87.77 |
Based on a normal probability distribution, the odds of Aurubis AG to stay under 81.43 after 90 days from now is about 87.77 (This Aurubis AG probability density function shows the probability of Aurubis Stock to fall within a particular range of prices over 90 days) . Probability of Aurubis AG price to stay between its current price of 77.90 and 81.43 at the end of the 90-day period is about 13.25 .
Assuming the 90 days trading horizon Aurubis AG has a beta of -0.33. This indicates as returns on the benchmark increase, returns on holding Aurubis AG are expected to decrease at a much lower rate. During a bear market, however, Aurubis AG is likely to outperform the market. Additionally Aurubis AG has an alpha of 0.1988, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aurubis AG Price Density |
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Predictive Modules for Aurubis AG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aurubis 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aurubis AG's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aurubis AG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aurubis AG is not an exception. The market had few large corrections towards the Aurubis AG'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 Aurubis AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aurubis AG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 6.98 | |
Ir | Information ratio | 0.06 |
Aurubis AG 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 Aurubis AG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aurubis 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 35.0% of the company outstanding shares are owned by corporate insiders |
Aurubis AG 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 Aurubis Stock often depends not only on the future outlook of the current and potential Aurubis AG'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. Aurubis AG's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.7 M | |
| Cash And Short Term Investments | 766.4 M |
Aurubis AG Technical Analysis
Aurubis AG's future price can be derived by breaking down and analyzing its technical indicators over time. Aurubis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aurubis AG. In general, you should focus on analyzing Aurubis Stock price patterns and their correlations with different microeconomic environments and drivers.
Aurubis AG Predictive Forecast Models
Aurubis AG's time-series forecasting models is one of many Aurubis AG'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 Aurubis AG'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 Aurubis AG
Checking the ongoing alerts about Aurubis AG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aurubis AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Aurubis Stock Analysis
When running Aurubis AG's price analysis, check to measure Aurubis AG'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 Aurubis AG is operating at the current time. Most of Aurubis AG's value examination focuses on studying past and present price action to predict the probability of Aurubis AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurubis AG's price. Additionally, you may evaluate how the addition of Aurubis AG to your portfolios can decrease your overall portfolio volatility.