FUTURE GAMING (Germany) Probability of Future Stock Price Finishing Over 0.5568
6L50 Stock | 0.63 0.05 8.62% |
FUTURE |
FUTURE GAMING Target Price Odds to finish over 0.5568
The tendency of FUTURE 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 0.56 in 90 days |
0.63 | 90 days | 0.56 | about 98.0 |
Based on a normal probability distribution, the odds of FUTURE GAMING to stay above 0.56 in 90 days from now is about 98.0 (This FUTURE GAMING GRP probability density function shows the probability of FUTURE Stock to fall within a particular range of prices over 90 days) . Probability of FUTURE GAMING GRP price to stay between 0.56 and its current price of 0.63 at the end of the 90-day period is about 79.14 .
Assuming the 90 days trading horizon FUTURE GAMING has a beta of 0.23. This suggests as returns on the market go up, FUTURE GAMING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FUTURE GAMING GRP will be expected to be much smaller as well. Additionally FUTURE GAMING GRP has an alpha of 0.0417, implying that it can generate a 0.0417 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FUTURE GAMING Price Density |
Price |
Predictive Modules for FUTURE GAMING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FUTURE GAMING GRP. 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.FUTURE GAMING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FUTURE GAMING is not an exception. The market had few large corrections towards the FUTURE GAMING'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 FUTURE GAMING GRP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FUTURE GAMING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.01 |
FUTURE GAMING 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 FUTURE GAMING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FUTURE GAMING GRP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.FUTURE GAMING GRP has some characteristics of a very speculative penny stock | |
FUTURE GAMING GRP had very high historical volatility over the last 90 days |
FUTURE GAMING Technical Analysis
FUTURE GAMING's future price can be derived by breaking down and analyzing its technical indicators over time. FUTURE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FUTURE GAMING GRP. In general, you should focus on analyzing FUTURE Stock price patterns and their correlations with different microeconomic environments and drivers.
FUTURE GAMING Predictive Forecast Models
FUTURE GAMING's time-series forecasting models is one of many FUTURE GAMING'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 FUTURE GAMING'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 FUTURE GAMING GRP
Checking the ongoing alerts about FUTURE GAMING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FUTURE GAMING GRP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
FUTURE GAMING GRP has some characteristics of a very speculative penny stock | |
FUTURE GAMING GRP had very high historical volatility over the last 90 days |
Other Information on Investing in FUTURE Stock
FUTURE GAMING financial ratios help investors to determine whether FUTURE 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 FUTURE with respect to the benefits of owning FUTURE GAMING security.