PLAYTIKA HOLDING (Germany) Probability of Future Stock Price Finishing Over 10.23
| 8II Stock | EUR 8.10 0.20 2.53% |
PLAYTIKA |
PLAYTIKA HOLDING Target Price Odds to finish over 10.23
The tendency of PLAYTIKA 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 € 10.23 or more in 90 days |
| 8.10 | 90 days | 10.23 | near 1 |
Based on a normal probability distribution, the odds of PLAYTIKA HOLDING to move over € 10.23 or more in 90 days from now is near 1 (This PLAYTIKA HOLDING DL 01 probability density function shows the probability of PLAYTIKA Stock to fall within a particular range of prices over 90 days) . Probability of PLAYTIKA HOLDING price to stay between its current price of € 8.10 and € 10.23 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon PLAYTIKA HOLDING has a beta of 0.17. This suggests as returns on the market go up, PLAYTIKA HOLDING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PLAYTIKA HOLDING DL 01 will be expected to be much smaller as well. Additionally PLAYTIKA HOLDING DL 01 has an alpha of 0.3373, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PLAYTIKA HOLDING Price Density |
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Predictive Modules for PLAYTIKA HOLDING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PLAYTIKA HOLDING. 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.PLAYTIKA HOLDING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PLAYTIKA HOLDING is not an exception. The market had few large corrections towards the PLAYTIKA HOLDING'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 PLAYTIKA HOLDING DL 01, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PLAYTIKA HOLDING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | 0.11 |
PLAYTIKA HOLDING 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 PLAYTIKA HOLDING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PLAYTIKA HOLDING can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 88.0% of the company shares are owned by insiders or employees |
PLAYTIKA HOLDING Technical Analysis
PLAYTIKA HOLDING's future price can be derived by breaking down and analyzing its technical indicators over time. PLAYTIKA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PLAYTIKA HOLDING DL 01. In general, you should focus on analyzing PLAYTIKA Stock price patterns and their correlations with different microeconomic environments and drivers.
PLAYTIKA HOLDING Predictive Forecast Models
PLAYTIKA HOLDING's time-series forecasting models is one of many PLAYTIKA HOLDING'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 PLAYTIKA HOLDING'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 PLAYTIKA HOLDING
Checking the ongoing alerts about PLAYTIKA HOLDING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PLAYTIKA HOLDING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 88.0% of the company shares are owned by insiders or employees |
Other Information on Investing in PLAYTIKA Stock
PLAYTIKA HOLDING financial ratios help investors to determine whether PLAYTIKA 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 PLAYTIKA with respect to the benefits of owning PLAYTIKA HOLDING security.