Podravka Prehrambena (Croatia) Probability of Future Stock Price Finishing Under 143.0
| PODR Stock | 135.00 5.00 3.57% |
Podravka |
Podravka Prehrambena Target Price Odds to finish below 143.0
The tendency of Podravka 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 143.00 after 90 days |
| 135.00 | 90 days | 143.00 | near 1 |
Based on a normal probability distribution, the odds of Podravka Prehrambena to stay under 143.00 after 90 days from now is near 1 (This Podravka Prehrambena Industrija probability density function shows the probability of Podravka Stock to fall within a particular range of prices over 90 days) . Probability of Podravka Prehrambena price to stay between its current price of 135.00 and 143.00 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Podravka Prehrambena Industrija has a beta of -0.13 indicating as returns on the benchmark increase, returns on holding Podravka Prehrambena are expected to decrease at a much lower rate. During a bear market, however, Podravka Prehrambena Industrija is likely to outperform the market. Additionally Podravka Prehrambena Industrija 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. Podravka Prehrambena Price Density |
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Predictive Modules for Podravka Prehrambena
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Podravka Prehrambena. 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.Podravka Prehrambena Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Podravka Prehrambena is not an exception. The market had few large corrections towards the Podravka Prehrambena'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 Podravka Prehrambena Industrija, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Podravka Prehrambena within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 3.92 | |
Ir | Information ratio | -0.34 |
Podravka Prehrambena 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 Podravka Prehrambena for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Podravka Prehrambena can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Podravka Prehrambena generated a negative expected return over the last 90 days |
Podravka Prehrambena Technical Analysis
Podravka Prehrambena's future price can be derived by breaking down and analyzing its technical indicators over time. Podravka Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Podravka Prehrambena Industrija. In general, you should focus on analyzing Podravka Stock price patterns and their correlations with different microeconomic environments and drivers.
Podravka Prehrambena Predictive Forecast Models
Podravka Prehrambena's time-series forecasting models is one of many Podravka Prehrambena'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 Podravka Prehrambena'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 Podravka Prehrambena
Checking the ongoing alerts about Podravka Prehrambena for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Podravka Prehrambena help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Podravka Prehrambena generated a negative expected return over the last 90 days |
Additional Tools for Podravka Stock Analysis
When running Podravka Prehrambena's price analysis, check to measure Podravka Prehrambena'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 Podravka Prehrambena is operating at the current time. Most of Podravka Prehrambena's value examination focuses on studying past and present price action to predict the probability of Podravka Prehrambena's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Podravka Prehrambena's price. Additionally, you may evaluate how the addition of Podravka Prehrambena to your portfolios can decrease your overall portfolio volatility.