Amcor Plc (Germany) Probability of Future Stock Price Finishing Under 7.62
| 485 Stock | EUR 9.66 0.07 0.72% |
Amcor |
Amcor Plc Target Price Odds to finish below 7.62
The tendency of Amcor 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 € 7.62 or more in 90 days |
| 9.66 | 90 days | 7.62 | near 1 |
Based on a normal probability distribution, the odds of Amcor Plc to drop to € 7.62 or more in 90 days from now is near 1 (This Amcor plc probability density function shows the probability of Amcor Stock to fall within a particular range of prices over 90 days) . Probability of Amcor plc price to stay between € 7.62 and its current price of €9.66 at the end of the 90-day period is about 51.44 .
Assuming the 90 days horizon Amcor Plc has a beta of 0.16. This suggests as returns on the market go up, Amcor Plc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amcor plc will be expected to be much smaller as well. Additionally Amcor plc has an alpha of 0.0164, implying that it can generate a 0.0164 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Amcor Plc Price Density |
| Price |
Predictive Modules for Amcor Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amcor plc. 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.Amcor Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amcor Plc is not an exception. The market had few large corrections towards the Amcor Plc'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 Amcor plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amcor Plc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.04 |
Amcor Plc 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 Amcor Stock often depends not only on the future outlook of the current and potential Amcor Plc'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. Amcor Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
Amcor Plc Technical Analysis
Amcor Plc's future price can be derived by breaking down and analyzing its technical indicators over time. Amcor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amcor plc. In general, you should focus on analyzing Amcor Stock price patterns and their correlations with different microeconomic environments and drivers.
Amcor Plc Predictive Forecast Models
Amcor Plc's time-series forecasting models is one of many Amcor Plc'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 Amcor Plc'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amcor Plc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amcor Plc's short interest history, or implied volatility extrapolated from Amcor Plc options trading.
Additional Information and Resources on Investing in Amcor Stock
When determining whether Amcor plc is a strong investment it is important to analyze Amcor Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amcor Plc's future performance. For an informed investment choice regarding Amcor Stock, refer to the following important reports:Check out Amcor Plc Backtesting, Amcor Plc Valuation, Amcor Plc Correlation, Amcor Plc Hype Analysis, Amcor Plc Volatility, Amcor Plc History as well as Amcor Plc Performance. For more detail on how to invest in Amcor Stock please use our How to Invest in Amcor Plc guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.