TE NECTIV (Germany) Probability of Future Stock Price Finishing Over 136.72
| 9TC Stock | 143.06 1.94 1.34% |
9TC |
TE NECTIV Target Price Odds to finish over 136.72
The tendency of 9TC 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 136.72 in 90 days |
| 143.06 | 90 days | 136.72 | roughly 2.19 |
Based on a normal probability distribution, the odds of TE NECTIV to stay above 136.72 in 90 days from now is roughly 2.19 (This TE NECTIV N probability density function shows the probability of 9TC Stock to fall within a particular range of prices over 90 days) . Probability of TE NECTIV N price to stay between 136.72 and its current price of 143.06 at the end of the 90-day period is about 1.16 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 5.62 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TE NECTIV will likely underperform. Additionally TE NECTIV N has an alpha of 0.3484, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TE NECTIV Price Density |
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Predictive Modules for TE NECTIV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TE NECTIV N. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TE NECTIV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TE NECTIV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TE NECTIV is not an exception. The market had few large corrections towards the TE NECTIV'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 TE NECTIV N, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TE NECTIV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 5.62 | |
σ | Overall volatility | 21.29 | |
Ir | Information ratio | 0.12 |
TE NECTIV 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 TE NECTIV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TE NECTIV N can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TE NECTIV N is way too risky over 90 days horizon | |
| TE NECTIV N appears to be risky and price may revert if volatility continues |
TE NECTIV Technical Analysis
TE NECTIV's future price can be derived by breaking down and analyzing its technical indicators over time. 9TC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TE NECTIV N. In general, you should focus on analyzing 9TC Stock price patterns and their correlations with different microeconomic environments and drivers.
TE NECTIV Predictive Forecast Models
TE NECTIV's time-series forecasting models is one of many TE NECTIV'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 TE NECTIV'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 TE NECTIV N
Checking the ongoing alerts about TE NECTIV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TE NECTIV N help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TE NECTIV N is way too risky over 90 days horizon | |
| TE NECTIV N appears to be risky and price may revert if volatility continues |
Additional Tools for 9TC Stock Analysis
When running TE NECTIV's price analysis, check to measure TE NECTIV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TE NECTIV is operating at the current time. Most of TE NECTIV's value examination focuses on studying past and present price action to predict the probability of TE NECTIV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TE NECTIV's price. Additionally, you may evaluate how the addition of TE NECTIV to your portfolios can decrease your overall portfolio volatility.