PPG Industries (Germany) Probability of Future Stock Price Finishing Under 110.27
| PPQ Stock | EUR 114.50 0.75 0.66% |
PPG |
PPG Industries Target Price Odds to finish below 110.27
The tendency of PPG 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 € 110.27 or more in 90 days |
| 114.50 | 90 days | 110.27 | near 1 |
Based on a normal probability distribution, the odds of PPG Industries to drop to € 110.27 or more in 90 days from now is near 1 (This PPG Industries probability density function shows the probability of PPG Stock to fall within a particular range of prices over 90 days) . Probability of PPG Industries price to stay between € 110.27 and its current price of €114.5 at the end of the 90-day period is about 24.25 .
Assuming the 90 days horizon PPG Industries has a beta of 0.46 indicating as returns on the market go up, PPG Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PPG Industries will be expected to be much smaller as well. Additionally PPG Industries has an alpha of 0.0326, implying that it can generate a 0.0326 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PPG Industries Price Density |
| Price |
Predictive Modules for PPG Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PPG Industries. 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.PPG Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PPG Industries is not an exception. The market had few large corrections towards the PPG Industries' 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 PPG Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PPG Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | 0.01 |
PPG Industries 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 PPG Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PPG Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PPG Industries generated a negative expected return over the last 90 days | |
| PPG Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 82.0% of the company shares are owned by institutional investors |
PPG Industries 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 PPG Stock often depends not only on the future outlook of the current and potential PPG Industries' 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. PPG Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 235.1 M |
PPG Industries Technical Analysis
PPG Industries' future price can be derived by breaking down and analyzing its technical indicators over time. PPG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PPG Industries. In general, you should focus on analyzing PPG Stock price patterns and their correlations with different microeconomic environments and drivers.
PPG Industries Predictive Forecast Models
PPG Industries' time-series forecasting models is one of many PPG Industries' 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 PPG Industries' 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 PPG Industries
Checking the ongoing alerts about PPG Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PPG Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PPG Industries generated a negative expected return over the last 90 days | |
| PPG Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 82.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in PPG Stock
When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' 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 PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out PPG Industries Backtesting, PPG Industries Valuation, PPG Industries Correlation, PPG Industries Hype Analysis, PPG Industries Volatility, PPG Industries History as well as PPG Industries Performance. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.