SOFTBANK CORP (Germany) Probability of Future Stock Price Finishing Over 10.55
| 3AG0 Stock | 11.20 0.10 0.90% |
SOFTBANK |
SOFTBANK CORP Target Price Odds to finish over 10.55
The tendency of SOFTBANK 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 10.55 in 90 days |
| 11.20 | 90 days | 10.55 | about 86.27 |
Based on a normal probability distribution, the odds of SOFTBANK CORP to stay above 10.55 in 90 days from now is about 86.27 (This SOFTBANK P ADR probability density function shows the probability of SOFTBANK Stock to fall within a particular range of prices over 90 days) . Probability of SOFTBANK P ADR price to stay between 10.55 and its current price of 11.2 at the end of the 90-day period is about 32.58 .
Assuming the 90 days trading horizon SOFTBANK P ADR has a beta of -0.43. This suggests as returns on the benchmark increase, returns on holding SOFTBANK CORP are expected to decrease at a much lower rate. During a bear market, however, SOFTBANK P ADR is likely to outperform the market. Additionally SOFTBANK P ADR 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. SOFTBANK CORP Price Density |
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Predictive Modules for SOFTBANK CORP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SOFTBANK P ADR. 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.SOFTBANK CORP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SOFTBANK CORP is not an exception. The market had few large corrections towards the SOFTBANK CORP'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 SOFTBANK P ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SOFTBANK CORP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0094 | |
β | Beta against Dow Jones | -0.43 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | -0.05 |
SOFTBANK CORP 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 SOFTBANK CORP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SOFTBANK P ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SOFTBANK P ADR generated a negative expected return over the last 90 days | |
| SOFTBANK P ADR has high historical volatility and very poor performance |
SOFTBANK CORP Technical Analysis
SOFTBANK CORP's future price can be derived by breaking down and analyzing its technical indicators over time. SOFTBANK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SOFTBANK P ADR. In general, you should focus on analyzing SOFTBANK Stock price patterns and their correlations with different microeconomic environments and drivers.
SOFTBANK CORP Predictive Forecast Models
SOFTBANK CORP's time-series forecasting models is one of many SOFTBANK CORP'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 SOFTBANK CORP'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 SOFTBANK P ADR
Checking the ongoing alerts about SOFTBANK CORP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SOFTBANK P ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SOFTBANK P ADR generated a negative expected return over the last 90 days | |
| SOFTBANK P ADR has high historical volatility and very poor performance |