Queenco L (Israel) Probability of Future Stock Price Finishing Under 858.75
| QNCO Stock | ILA 744.90 5.10 0.68% |
Queenco |
Queenco L Target Price Odds to finish below 858.75
The tendency of Queenco 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 858.75 after 90 days |
| 744.90 | 90 days | 858.75 | close to 99 |
Based on a normal probability distribution, the odds of Queenco L to stay under 858.75 after 90 days from now is close to 99 (This Queenco L probability density function shows the probability of Queenco Stock to fall within a particular range of prices over 90 days) . Probability of Queenco L price to stay between its current price of 744.90 and 858.75 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Queenco L has a beta of 0.47 indicating as returns on the market go up, Queenco L average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Queenco L will be expected to be much smaller as well. Moreover Queenco L has an alpha of 1.1835, implying that it can generate a 1.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Queenco L Price Density |
| Price |
Predictive Modules for Queenco L
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Queenco L. 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.Queenco L Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Queenco L is not an exception. The market had few large corrections towards the Queenco L'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 Queenco L, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Queenco L within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.18 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 79.88 | |
Ir | Information ratio | 0.26 |
Queenco L 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 Queenco L for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Queenco L can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Queenco L is way too risky over 90 days horizon | |
| Queenco L appears to be risky and price may revert if volatility continues | |
| Queenco L has accumulated 35.9 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Queenco L has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Queenco L until it has trouble settling it off, either with new capital or with free cash flow. So, Queenco L's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Queenco L sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Queenco to invest in growth at high rates of return. When we think about Queenco L's use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Queenco L outstanding shares are owned by corporate insiders |
Queenco L Technical Analysis
Queenco L's future price can be derived by breaking down and analyzing its technical indicators over time. Queenco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Queenco L. In general, you should focus on analyzing Queenco Stock price patterns and their correlations with different microeconomic environments and drivers.
Queenco L Predictive Forecast Models
Queenco L's time-series forecasting models is one of many Queenco L'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 Queenco L'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 Queenco L
Checking the ongoing alerts about Queenco L for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Queenco L help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Queenco L is way too risky over 90 days horizon | |
| Queenco L appears to be risky and price may revert if volatility continues | |
| Queenco L has accumulated 35.9 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Queenco L has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Queenco L until it has trouble settling it off, either with new capital or with free cash flow. So, Queenco L's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Queenco L sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Queenco to invest in growth at high rates of return. When we think about Queenco L's use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Queenco L outstanding shares are owned by corporate insiders |
Other Information on Investing in Queenco Stock
Queenco L financial ratios help investors to determine whether Queenco 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 Queenco with respect to the benefits of owning Queenco L security.