SHELF DRILLING (Germany) Probability of Future Stock Price Finishing Over 5.25
| 6SD Stock | EUR 1.05 0.05 4.55% |
SHELF |
SHELF DRILLING Target Price Odds to finish over 5.25
The tendency of SHELF 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 € 5.25 or more in 90 days |
| 1.05 | 90 days | 5.25 | close to zero percent |
Based on a normal probability distribution, the odds of SHELF DRILLING to move over € 5.25 or more in 90 days from now is close to zero percent (This SHELF DRILLING LTD probability density function shows the probability of SHELF Stock to fall within a particular range of prices over 90 days) . Probability of SHELF DRILLING LTD price to stay between its current price of € 1.05 and € 5.25 at the end of the 90-day period is about 98.0 .
Assuming the 90 days horizon SHELF DRILLING has a beta of 0.42. This suggests as returns on the market go up, SHELF DRILLING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SHELF DRILLING LTD will be expected to be much smaller as well. Additionally SHELF DRILLING LTD 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. SHELF DRILLING Price Density |
| Price |
Predictive Modules for SHELF DRILLING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SHELF DRILLING LTD. 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.SHELF DRILLING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SHELF DRILLING is not an exception. The market had few large corrections towards the SHELF DRILLING'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 SHELF DRILLING LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SHELF DRILLING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.13 |
SHELF DRILLING 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 SHELF DRILLING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SHELF DRILLING LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SHELF DRILLING LTD generated a negative expected return over the last 90 days | |
| SHELF DRILLING LTD has some characteristics of a very speculative penny stock | |
| SHELF DRILLING LTD has high historical volatility and very poor performance | |
| SHELF DRILLING LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 609.05 M. Net Loss for the year was (137.08 M) with profit before overhead, payroll, taxes, and interest of 163.64 M. | |
| About 15.0% of the company shares are owned by insiders or employees |
SHELF DRILLING 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 SHELF Stock often depends not only on the future outlook of the current and potential SHELF DRILLING'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. SHELF DRILLING's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 68.5 M |
SHELF DRILLING Technical Analysis
SHELF DRILLING's future price can be derived by breaking down and analyzing its technical indicators over time. SHELF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SHELF DRILLING LTD. In general, you should focus on analyzing SHELF Stock price patterns and their correlations with different microeconomic environments and drivers.
SHELF DRILLING Predictive Forecast Models
SHELF DRILLING's time-series forecasting models is one of many SHELF DRILLING'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 SHELF DRILLING'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 SHELF DRILLING LTD
Checking the ongoing alerts about SHELF DRILLING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SHELF DRILLING LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SHELF DRILLING LTD generated a negative expected return over the last 90 days | |
| SHELF DRILLING LTD has some characteristics of a very speculative penny stock | |
| SHELF DRILLING LTD has high historical volatility and very poor performance | |
| SHELF DRILLING LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 609.05 M. Net Loss for the year was (137.08 M) with profit before overhead, payroll, taxes, and interest of 163.64 M. | |
| About 15.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SHELF Stock
SHELF DRILLING financial ratios help investors to determine whether SHELF 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 SHELF with respect to the benefits of owning SHELF DRILLING security.