INNELEC MULTIMMINHEO153 (Germany) Probability of Future Stock Price Finishing Under 0.32
| 1W2 Stock | EUR 2.79 0.07 2.45% |
INNELEC |
INNELEC MULTIMMINHEO153 Target Price Odds to finish below 0.32
The tendency of INNELEC 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 € 0.32 or more in 90 days |
| 2.79 | 90 days | 0.32 | near 1 |
Based on a normal probability distribution, the odds of INNELEC MULTIMMINHEO153 to drop to € 0.32 or more in 90 days from now is near 1 (This INNELEC MULTIMMINHEO153 probability density function shows the probability of INNELEC Stock to fall within a particular range of prices over 90 days) . Probability of INNELEC MULTIMMINHEO153 price to stay between € 0.32 and its current price of €2.79 at the end of the 90-day period is about 10.77 .
Assuming the 90 days horizon INNELEC MULTIMMINHEO153 has a beta of -0.3. This suggests as returns on the benchmark increase, returns on holding INNELEC MULTIMMINHEO153 are expected to decrease at a much lower rate. During a bear market, however, INNELEC MULTIMMINHEO153 is likely to outperform the market. Additionally INNELEC MULTIMMINHEO153 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. INNELEC MULTIMMINHEO153 Price Density |
| Price |
Predictive Modules for INNELEC MULTIMMINHEO153
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INNELEC MULTIMMINHEO153. 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.INNELEC MULTIMMINHEO153 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. INNELEC MULTIMMINHEO153 is not an exception. The market had few large corrections towards the INNELEC MULTIMMINHEO153'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 INNELEC MULTIMMINHEO153, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of INNELEC MULTIMMINHEO153 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | -0.26 |
INNELEC MULTIMMINHEO153 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 INNELEC MULTIMMINHEO153 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for INNELEC MULTIMMINHEO153 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| INNELEC MULTIMMINHEO153 generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by insiders or employees |
INNELEC MULTIMMINHEO153 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 INNELEC Stock often depends not only on the future outlook of the current and potential INNELEC MULTIMMINHEO153'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. INNELEC MULTIMMINHEO153's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0735 | |
| Forward Annual Dividend Rate | 0.4 | |
| Shares Float | 1 M |
INNELEC MULTIMMINHEO153 Technical Analysis
INNELEC MULTIMMINHEO153's future price can be derived by breaking down and analyzing its technical indicators over time. INNELEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of INNELEC MULTIMMINHEO153. In general, you should focus on analyzing INNELEC Stock price patterns and their correlations with different microeconomic environments and drivers.
INNELEC MULTIMMINHEO153 Predictive Forecast Models
INNELEC MULTIMMINHEO153's time-series forecasting models is one of many INNELEC MULTIMMINHEO153'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 INNELEC MULTIMMINHEO153'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 INNELEC MULTIMMINHEO153
Checking the ongoing alerts about INNELEC MULTIMMINHEO153 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for INNELEC MULTIMMINHEO153 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| INNELEC MULTIMMINHEO153 generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are owned by insiders or employees |
Other Information on Investing in INNELEC Stock
INNELEC MULTIMMINHEO153 financial ratios help investors to determine whether INNELEC 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 INNELEC with respect to the benefits of owning INNELEC MULTIMMINHEO153 security.