CIG PANNONIA (Germany) Probability of Future Stock Price Finishing Over 1.152
| 0CKA Stock | EUR 0.96 0.03 3.23% |
CIG |
CIG PANNONIA Target Price Odds to finish over 1.152
The tendency of CIG 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 € 1.15 or more in 90 days |
| 0.96 | 90 days | 1.15 | near 1 |
Based on a normal probability distribution, the odds of CIG PANNONIA to move over € 1.15 or more in 90 days from now is near 1 (This CIG PANNONIA LIFE probability density function shows the probability of CIG Stock to fall within a particular range of prices over 90 days) . Probability of CIG PANNONIA LIFE price to stay between its current price of € 0.96 and € 1.15 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon CIG PANNONIA LIFE has a beta of -0.22. This suggests as returns on the benchmark increase, returns on holding CIG PANNONIA are expected to decrease at a much lower rate. During a bear market, however, CIG PANNONIA LIFE is likely to outperform the market. Additionally CIG PANNONIA LIFE has an alpha of 0.3635, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CIG PANNONIA Price Density |
| Price |
Predictive Modules for CIG PANNONIA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CIG PANNONIA LIFE. 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.CIG PANNONIA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CIG PANNONIA is not an exception. The market had few large corrections towards the CIG PANNONIA'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 CIG PANNONIA LIFE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CIG PANNONIA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.16 |
CIG PANNONIA 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 CIG PANNONIA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CIG PANNONIA LIFE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CIG PANNONIA LIFE has some characteristics of a very speculative penny stock |
CIG PANNONIA Technical Analysis
CIG PANNONIA's future price can be derived by breaking down and analyzing its technical indicators over time. CIG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CIG PANNONIA LIFE. In general, you should focus on analyzing CIG Stock price patterns and their correlations with different microeconomic environments and drivers.
CIG PANNONIA Predictive Forecast Models
CIG PANNONIA's time-series forecasting models is one of many CIG PANNONIA'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 CIG PANNONIA'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 CIG PANNONIA LIFE
Checking the ongoing alerts about CIG PANNONIA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CIG PANNONIA LIFE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CIG PANNONIA LIFE has some characteristics of a very speculative penny stock |
Other Information on Investing in CIG Stock
CIG PANNONIA financial ratios help investors to determine whether CIG 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 CIG with respect to the benefits of owning CIG PANNONIA security.