Pharming Group (Netherlands) Probability of Future Stock Price Finishing Over 11.45
| PHARM Stock | EUR 0.87 0.01 1.14% |
Pharming |
Pharming Group Target Price Odds to finish over 11.45
The tendency of Pharming 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 € 11.45 or more in 90 days |
| 0.87 | 90 days | 11.45 | close to zero percent |
Based on a normal probability distribution, the odds of Pharming Group to move over € 11.45 or more in 90 days from now is close to zero percent (This Pharming Group NV probability density function shows the probability of Pharming Stock to fall within a particular range of prices over 90 days) . Probability of Pharming Group NV price to stay between its current price of € 0.87 and € 11.45 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.4 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pharming Group will likely underperform. Additionally Pharming Group NV has an alpha of 0.3668, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pharming Group Price Density |
| Price |
Predictive Modules for Pharming 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 Pharming Group NV. 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.Pharming Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pharming Group is not an exception. The market had few large corrections towards the Pharming 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 Pharming Group NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pharming Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | 1.40 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.11 |
Pharming Group 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 Pharming Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pharming Group NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pharming Group NV has some characteristics of a very speculative penny stock | |
| Pharming Group NV had very high historical volatility over the last 90 days | |
| Pharming Group NV has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Pharming 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 Pharming Stock often depends not only on the future outlook of the current and potential Pharming 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. Pharming Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 648.7 M |
Pharming Group Technical Analysis
Pharming Group's future price can be derived by breaking down and analyzing its technical indicators over time. Pharming Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pharming Group NV. In general, you should focus on analyzing Pharming Stock price patterns and their correlations with different microeconomic environments and drivers.
Pharming Group Predictive Forecast Models
Pharming Group's time-series forecasting models is one of many Pharming 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 Pharming 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.
Things to note about Pharming Group NV
Checking the ongoing alerts about Pharming Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pharming Group NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pharming Group NV has some characteristics of a very speculative penny stock | |
| Pharming Group NV had very high historical volatility over the last 90 days | |
| Pharming Group NV has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Additional Information and Resources on Investing in Pharming Stock
When determining whether Pharming Group NV is a strong investment it is important to analyze Pharming Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pharming Group's future performance. For an informed investment choice regarding Pharming Stock, refer to the following important reports:Check out Pharming Group Backtesting, Pharming Group Valuation, Pharming Group Correlation, Pharming Group Hype Analysis, Pharming Group Volatility, Pharming Group History as well as Pharming Group Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.