Netcompany Group (Denmark) Probability of Future Stock Price Finishing Under 233.0
| NETC Stock | DKK 370.40 1.40 0.38% |
Netcompany |
Netcompany Group Target Price Odds to finish below 233.0
The tendency of Netcompany 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 kr 233.00 or more in 90 days |
| 370.40 | 90 days | 233.00 | near 1 |
Based on a normal probability distribution, the odds of Netcompany Group to drop to kr 233.00 or more in 90 days from now is near 1 (This Netcompany Group AS probability density function shows the probability of Netcompany Stock to fall within a particular range of prices over 90 days) . Probability of Netcompany Group price to stay between kr 233.00 and its current price of kr370.4 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon Netcompany Group has a beta of 0.12. This indicates as returns on the market go up, Netcompany Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Netcompany Group AS will be expected to be much smaller as well. Additionally Netcompany Group AS has an alpha of 0.3159, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Netcompany Group Price Density |
| Price |
Predictive Modules for Netcompany Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Netcompany Group. 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.Netcompany Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Netcompany Group is not an exception. The market had few large corrections towards the Netcompany Group'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 Netcompany Group AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Netcompany Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 22.91 | |
Ir | Information ratio | 0.11 |
Netcompany Group 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 Netcompany Stock often depends not only on the future outlook of the current and potential Netcompany Group'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. Netcompany Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.1 M |
Netcompany Group Technical Analysis
Netcompany Group's future price can be derived by breaking down and analyzing its technical indicators over time. Netcompany Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Netcompany Group AS. In general, you should focus on analyzing Netcompany Stock price patterns and their correlations with different microeconomic environments and drivers.
Netcompany Group Predictive Forecast Models
Netcompany Group's time-series forecasting models is one of many Netcompany Group'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 Netcompany Group'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Netcompany Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Netcompany Group's short interest history, or implied volatility extrapolated from Netcompany Group options trading.
Other Information on Investing in Netcompany Stock
Netcompany Group financial ratios help investors to determine whether Netcompany 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 Netcompany with respect to the benefits of owning Netcompany Group security.