GEODRILL NPV (Germany) Probability of Future Stock Price Finishing Under 1.9
| 7GD Stock | EUR 2.12 0.06 2.91% |
GEODRILL |
GEODRILL NPV Target Price Odds to finish below 1.9
The tendency of GEODRILL 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 € 1.90 or more in 90 days |
| 2.12 | 90 days | 1.90 | about 79.18 |
Based on a normal probability distribution, the odds of GEODRILL NPV to drop to € 1.90 or more in 90 days from now is about 79.18 (This GEODRILL NPV probability density function shows the probability of GEODRILL Stock to fall within a particular range of prices over 90 days) . Probability of GEODRILL NPV price to stay between € 1.90 and its current price of €2.12 at the end of the 90-day period is about 20.42 .
Assuming the 90 days trading horizon GEODRILL NPV has a beta of 0.2. This suggests as returns on the market go up, GEODRILL NPV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GEODRILL NPV will be expected to be much smaller as well. Additionally GEODRILL NPV has an alpha of 0.358, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). GEODRILL NPV Price Density |
| Price |
Predictive Modules for GEODRILL NPV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GEODRILL NPV. 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.GEODRILL NPV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GEODRILL NPV is not an exception. The market had few large corrections towards the GEODRILL NPV'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 GEODRILL NPV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GEODRILL NPV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.13 |
GEODRILL NPV 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 GEODRILL Stock often depends not only on the future outlook of the current and potential GEODRILL NPV'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. GEODRILL NPV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.3 M | |
| Dividends Paid | 717.8 K |
GEODRILL NPV Technical Analysis
GEODRILL NPV's future price can be derived by breaking down and analyzing its technical indicators over time. GEODRILL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GEODRILL NPV. In general, you should focus on analyzing GEODRILL Stock price patterns and their correlations with different microeconomic environments and drivers.
GEODRILL NPV Predictive Forecast Models
GEODRILL NPV's time-series forecasting models is one of many GEODRILL NPV'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 GEODRILL NPV'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 GEODRILL NPV 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, GEODRILL NPV's short interest history, or implied volatility extrapolated from GEODRILL NPV options trading.
Other Information on Investing in GEODRILL Stock
GEODRILL NPV financial ratios help investors to determine whether GEODRILL 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 GEODRILL with respect to the benefits of owning GEODRILL NPV security.