24SEVENOFFICE GROUP (Germany) Probability of Future Stock Price Finishing Over 14.63
| 719 Stock | 2.00 0.01 0.50% |
24SEVENOFFICE |
24SEVENOFFICE GROUP Target Price Odds to finish over 14.63
The tendency of 24SEVENOFFICE 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 14.63 or more in 90 days |
| 2.00 | 90 days | 14.63 | close to zero percent |
Based on a normal probability distribution, the odds of 24SEVENOFFICE GROUP to move over 14.63 or more in 90 days from now is close to zero percent (This 24SEVENOFFICE GROUP AB probability density function shows the probability of 24SEVENOFFICE Stock to fall within a particular range of prices over 90 days) . Probability of 24SEVENOFFICE GROUP price to stay between its current price of 2.00 and 14.63 at the end of the 90-day period is about 25.25 .
Assuming the 90 days horizon 24SEVENOFFICE GROUP has a beta of 0.82. This suggests as returns on the market go up, 24SEVENOFFICE GROUP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 24SEVENOFFICE GROUP AB will be expected to be much smaller as well. Additionally 24SEVENOFFICE GROUP AB has an alpha of 0.0284, implying that it can generate a 0.0284 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 24SEVENOFFICE GROUP Price Density |
| Price |
Predictive Modules for 24SEVENOFFICE GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 24SEVENOFFICE GROUP. 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.24SEVENOFFICE GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 24SEVENOFFICE GROUP is not an exception. The market had few large corrections towards the 24SEVENOFFICE GROUP'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 24SEVENOFFICE GROUP AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 24SEVENOFFICE GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0 |
24SEVENOFFICE GROUP 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 24SEVENOFFICE GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 24SEVENOFFICE GROUP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 24SEVENOFFICE GROUP had very high historical volatility over the last 90 days | |
| 24SEVENOFFICE GROUP has high likelihood to experience some financial distress in the next 2 years | |
| About 65.0% of the company shares are owned by insiders or employees |
24SEVENOFFICE GROUP 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 24SEVENOFFICE Stock often depends not only on the future outlook of the current and potential 24SEVENOFFICE GROUP'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. 24SEVENOFFICE GROUP's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 33.2 M |
24SEVENOFFICE GROUP Technical Analysis
24SEVENOFFICE GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. 24SEVENOFFICE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 24SEVENOFFICE GROUP AB. In general, you should focus on analyzing 24SEVENOFFICE Stock price patterns and their correlations with different microeconomic environments and drivers.
24SEVENOFFICE GROUP Predictive Forecast Models
24SEVENOFFICE GROUP's time-series forecasting models is one of many 24SEVENOFFICE GROUP'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 24SEVENOFFICE GROUP'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 24SEVENOFFICE GROUP
Checking the ongoing alerts about 24SEVENOFFICE GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 24SEVENOFFICE GROUP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 24SEVENOFFICE GROUP had very high historical volatility over the last 90 days | |
| 24SEVENOFFICE GROUP has high likelihood to experience some financial distress in the next 2 years | |
| About 65.0% of the company shares are owned by insiders or employees |
Other Information on Investing in 24SEVENOFFICE Stock
24SEVENOFFICE GROUP financial ratios help investors to determine whether 24SEVENOFFICE 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 24SEVENOFFICE with respect to the benefits of owning 24SEVENOFFICE GROUP security.