ANGI Homeservices (Germany) Probability of Future Stock Price Finishing Over 1.94
| 2UH Stock | EUR 1.75 0.02 1.13% |
ANGI |
ANGI Homeservices Target Price Odds to finish over 1.94
The tendency of ANGI 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 € 1.94 or more in 90 days |
| 1.75 | 90 days | 1.94 | about 84.13 |
Based on a normal probability distribution, the odds of ANGI Homeservices to move over € 1.94 or more in 90 days from now is about 84.13 (This ANGI Homeservices probability density function shows the probability of ANGI Stock to fall within a particular range of prices over 90 days) . Probability of ANGI Homeservices price to stay between its current price of € 1.75 and € 1.94 at the end of the 90-day period is about 12.2 .
Assuming the 90 days horizon ANGI Homeservices has a beta of -0.11. This suggests as returns on the benchmark increase, returns on holding ANGI Homeservices are expected to decrease at a much lower rate. During a bear market, however, ANGI Homeservices is likely to outperform the market. Additionally ANGI Homeservices 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. ANGI Homeservices Price Density |
| Price |
Predictive Modules for ANGI Homeservices
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ANGI Homeservices. 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.ANGI Homeservices Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ANGI Homeservices is not an exception. The market had few large corrections towards the ANGI Homeservices' 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 ANGI Homeservices, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ANGI Homeservices within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.13 |
ANGI Homeservices 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 ANGI Homeservices for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ANGI Homeservices can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ANGI Homeservices generated a negative expected return over the last 90 days | |
| ANGI Homeservices may become a speculative penny stock | |
| ANGI Homeservices has high historical volatility and very poor performance | |
| ANGI Homeservices has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.89 B. Net Loss for the year was (128.45 M) with profit before overhead, payroll, taxes, and interest of 1.45 B. | |
| Over 87.0% of the company shares are owned by institutions such as pension funds |
ANGI Homeservices 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 ANGI Stock often depends not only on the future outlook of the current and potential ANGI Homeservices' 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. ANGI Homeservices' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 504.6 M |
ANGI Homeservices Technical Analysis
ANGI Homeservices' future price can be derived by breaking down and analyzing its technical indicators over time. ANGI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ANGI Homeservices. In general, you should focus on analyzing ANGI Stock price patterns and their correlations with different microeconomic environments and drivers.
ANGI Homeservices Predictive Forecast Models
ANGI Homeservices' time-series forecasting models is one of many ANGI Homeservices' 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 ANGI Homeservices' 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 ANGI Homeservices
Checking the ongoing alerts about ANGI Homeservices for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ANGI Homeservices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ANGI Homeservices generated a negative expected return over the last 90 days | |
| ANGI Homeservices may become a speculative penny stock | |
| ANGI Homeservices has high historical volatility and very poor performance | |
| ANGI Homeservices has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.89 B. Net Loss for the year was (128.45 M) with profit before overhead, payroll, taxes, and interest of 1.45 B. | |
| Over 87.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in ANGI Stock
When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:Check out ANGI Homeservices Backtesting, ANGI Homeservices Valuation, ANGI Homeservices Correlation, ANGI Homeservices Hype Analysis, ANGI Homeservices Volatility, ANGI Homeservices History as well as ANGI Homeservices Performance. For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.