ABO-GROUP ENVIRONMENT (Germany) Probability of Future Stock Price Finishing Under 3.73
| 3T61 Stock | 5.10 0.05 0.99% |
ABO-GROUP |
ABO-GROUP ENVIRONMENT Target Price Odds to finish below 3.73
The tendency of ABO-GROUP 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 3.73 or more in 90 days |
| 5.10 | 90 days | 3.73 | near 1 |
Based on a normal probability distribution, the odds of ABO-GROUP ENVIRONMENT to drop to 3.73 or more in 90 days from now is near 1 (This ABO GROUP ENVIRONMENT probability density function shows the probability of ABO-GROUP Stock to fall within a particular range of prices over 90 days) . Probability of ABO GROUP ENVIRONMENT price to stay between 3.73 and its current price of 5.1 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon ABO-GROUP ENVIRONMENT has a beta of 0.46. This suggests as returns on the market go up, ABO-GROUP ENVIRONMENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ABO GROUP ENVIRONMENT will be expected to be much smaller as well. Additionally ABO GROUP ENVIRONMENT 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. ABO-GROUP ENVIRONMENT Price Density |
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Predictive Modules for ABO-GROUP ENVIRONMENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABO GROUP ENVIRONMENT. 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.ABO-GROUP ENVIRONMENT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABO-GROUP ENVIRONMENT is not an exception. The market had few large corrections towards the ABO-GROUP ENVIRONMENT'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 ABO GROUP ENVIRONMENT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABO-GROUP ENVIRONMENT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.2 |
ABO-GROUP ENVIRONMENT 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 ABO-GROUP ENVIRONMENT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABO GROUP ENVIRONMENT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ABO-GROUP ENVIRONMENT generated a negative expected return over the last 90 days |
ABO-GROUP ENVIRONMENT Technical Analysis
ABO-GROUP ENVIRONMENT's future price can be derived by breaking down and analyzing its technical indicators over time. ABO-GROUP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABO GROUP ENVIRONMENT. In general, you should focus on analyzing ABO-GROUP Stock price patterns and their correlations with different microeconomic environments and drivers.
ABO-GROUP ENVIRONMENT Predictive Forecast Models
ABO-GROUP ENVIRONMENT's time-series forecasting models is one of many ABO-GROUP ENVIRONMENT'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 ABO-GROUP ENVIRONMENT'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 ABO GROUP ENVIRONMENT
Checking the ongoing alerts about ABO-GROUP ENVIRONMENT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABO GROUP ENVIRONMENT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ABO-GROUP ENVIRONMENT generated a negative expected return over the last 90 days |