KAGA EL (Germany) Odds of Future Stock Price Finishing Over 15.84
| 9V2 Stock | EUR 16.20 0.30 1.89% |
KAGA |
KAGA EL Target Price Odds to finish over 15.84
The tendency of KAGA 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 € 15.84 in 90 days |
| 16.20 | 90 days | 15.84 | about 98.0 |
Based on a normal probability distribution, the odds of KAGA EL to stay above € 15.84 in 90 days from now is about 98.0 (This KAGA EL LTD probability density function shows the probability of KAGA Stock to fall within a particular range of prices over 90 days) . Probability of KAGA EL LTD price to stay between € 15.84 and its current price of €16.2 at the end of the 90-day period is about 10.16 .
Assuming the 90 days horizon KAGA EL has a beta of 0.44. This suggests as returns on the market go up, KAGA EL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KAGA EL LTD will be expected to be much smaller as well. Additionally KAGA EL 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. KAGA EL Price Density |
| Price |
Predictive Modules for KAGA EL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KAGA EL 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.KAGA EL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KAGA EL is not an exception. The market had few large corrections towards the KAGA EL'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 KAGA EL LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KAGA EL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.09 |
KAGA EL 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 KAGA EL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KAGA EL 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.| KAGA EL LTD generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are owned by insiders or employees |
KAGA EL Technical Analysis
KAGA EL's future price can be derived by breaking down and analyzing its technical indicators over time. KAGA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KAGA EL LTD. In general, you should focus on analyzing KAGA Stock price patterns and their correlations with different microeconomic environments and drivers.
KAGA EL Predictive Forecast Models
KAGA EL's time-series forecasting models is one of many KAGA EL'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 KAGA EL'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 KAGA EL LTD
Checking the ongoing alerts about KAGA EL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KAGA EL LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KAGA EL LTD generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are owned by insiders or employees |
Other Information on Investing in KAGA Stock
KAGA EL financial ratios help investors to determine whether KAGA 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 KAGA with respect to the benefits of owning KAGA EL security.