LEROY SEAFOOD (Germany) Probability of Future Stock Price Finishing Over 10.22
| Z1L0 Stock | EUR 8.50 0.15 1.80% |
LEROY |
LEROY SEAFOOD Target Price Odds to finish over 10.22
The tendency of LEROY 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 € 10.22 or more in 90 days |
| 8.50 | 90 days | 10.22 | near 1 |
Based on a normal probability distribution, the odds of LEROY SEAFOOD to move over € 10.22 or more in 90 days from now is near 1 (This LEROY SEAFOOD GRUNSPADR probability density function shows the probability of LEROY Stock to fall within a particular range of prices over 90 days) . Probability of LEROY SEAFOOD GRUNSPADR price to stay between its current price of € 8.50 and € 10.22 at the end of the 90-day period is about 14.14 .
Assuming the 90 days trading horizon LEROY SEAFOOD has a beta of 0.25. This usually means as returns on the market go up, LEROY SEAFOOD average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LEROY SEAFOOD GRUNSPADR will be expected to be much smaller as well. Additionally LEROY SEAFOOD GRUNSPADR has an alpha of 0.1101, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). LEROY SEAFOOD Price Density |
| Price |
Predictive Modules for LEROY 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 LEROY SEAFOOD GRUNSPADR. 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.LEROY SEAFOOD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LEROY SEAFOOD is not an exception. The market had few large corrections towards the LEROY 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 LEROY SEAFOOD GRUNSPADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LEROY SEAFOOD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.02 |
LEROY 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 LEROY Stock often depends not only on the future outlook of the current and potential LEROY 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. LEROY SEAFOOD's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0508 | |
| Forward Annual Dividend Rate | 0.5 | |
| Shares Float | 140.7 M |
LEROY SEAFOOD Technical Analysis
LEROY SEAFOOD's future price can be derived by breaking down and analyzing its technical indicators over time. LEROY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LEROY SEAFOOD GRUNSPADR. In general, you should focus on analyzing LEROY Stock price patterns and their correlations with different microeconomic environments and drivers.
LEROY SEAFOOD Predictive Forecast Models
LEROY SEAFOOD's time-series forecasting models is one of many LEROY 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 LEROY 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LEROY SEAFOOD in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LEROY SEAFOOD's short interest history, or implied volatility extrapolated from LEROY SEAFOOD options trading.
Other Information on Investing in LEROY Stock
LEROY SEAFOOD financial ratios help investors to determine whether LEROY 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 LEROY with respect to the benefits of owning LEROY SEAFOOD security.