Lerøy Seafood (Germany) Probability of Future Stock Price Finishing Over 4.33
| Z1L Stock | EUR 4.37 0.01 0.23% |
Lerøy |
Lerøy Seafood Target Price Odds to finish over 4.33
The tendency of Lerøy 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 above € 4.33 in 90 days |
| 4.37 | 90 days | 4.33 | about 26.02 |
Based on a normal probability distribution, the odds of Lerøy Seafood to stay above € 4.33 in 90 days from now is about 26.02 (This Lery Seafood Group probability density function shows the probability of Lerøy Stock to fall within a particular range of prices over 90 days) . Probability of Lery Seafood Group price to stay between € 4.33 and its current price of €4.37 at the end of the 90-day period is about 8.36 .
Assuming the 90 days horizon Lerøy Seafood has a beta of 0.77. This usually means as returns on the market go up, Lerøy Seafood average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lery Seafood Group will be expected to be much smaller as well. Additionally Lery Seafood Group 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. Lerøy Seafood Price Density |
| Price |
Predictive Modules for Lerøy Seafood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lery Seafood 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.Lerøy Seafood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lerøy Seafood is not an exception. The market had few large corrections towards the Lerøy Seafood'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 Lery Seafood Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lerøy Seafood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.03 |
Lerøy Seafood 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 Lerøy Seafood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lery Seafood Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 53.0% of the company outstanding shares are owned by insiders |
Lerøy Seafood 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 Lerøy Stock often depends not only on the future outlook of the current and potential Lerøy Seafood'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. Lerøy Seafood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 595.5 M |
Lerøy Seafood Technical Analysis
Lerøy Seafood's future price can be derived by breaking down and analyzing its technical indicators over time. Lerøy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lery Seafood Group. In general, you should focus on analyzing Lerøy Stock price patterns and their correlations with different microeconomic environments and drivers.
Lerøy Seafood Predictive Forecast Models
Lerøy Seafood's time-series forecasting models is one of many Lerøy Seafood'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 Lerøy Seafood'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 Lery Seafood Group
Checking the ongoing alerts about Lerøy Seafood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lery Seafood Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 53.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Lerøy Stock
Lerøy Seafood financial ratios help investors to determine whether Lerøy 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 Lerøy with respect to the benefits of owning Lerøy Seafood security.