Wool Industry (Greece) Probability of Future Stock Price Finishing Over 4.48
| AAAK Stock | EUR 4.48 0.44 10.89% |
Wool |
Wool Industry Target Price Odds to finish over 4.48
The tendency of Wool 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 above the current price in 90 days |
| 4.48 | 90 days | 4.48 | about 56.11 |
Based on a normal probability distribution, the odds of Wool Industry to move above the current price in 90 days from now is about 56.11 (This Wool Industry Tria probability density function shows the probability of Wool Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Wool Industry has a beta of 0.32. This suggests as returns on the market go up, Wool Industry average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wool Industry Tria will be expected to be much smaller as well. Additionally Wool Industry Tria 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. Wool Industry Price Density |
| Price |
Predictive Modules for Wool Industry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wool Industry Tria. 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.Wool Industry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wool Industry is not an exception. The market had few large corrections towards the Wool Industry'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 Wool Industry Tria, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wool Industry within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.05 |
Wool Industry 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 Wool Industry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wool Industry Tria can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wool Industry Tria generated a negative expected return over the last 90 days | |
| Wool Industry Tria has high historical volatility and very poor performance | |
| Wool Industry Tria has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Wool Industry Tria has accumulated 1.75 M in total debt with debt to equity ratio (D/E) of 399.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wool Industry Tria has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wool Industry until it has trouble settling it off, either with new capital or with free cash flow. So, Wool Industry's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wool Industry Tria sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wool to invest in growth at high rates of return. When we think about Wool Industry's use of debt, we should always consider it together with cash and equity. | |
| Wool Industry Tria has accumulated about 85.97 K in cash with (155.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
Wool Industry Technical Analysis
Wool Industry's future price can be derived by breaking down and analyzing its technical indicators over time. Wool Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wool Industry Tria. In general, you should focus on analyzing Wool Stock price patterns and their correlations with different microeconomic environments and drivers.
Wool Industry Predictive Forecast Models
Wool Industry's time-series forecasting models is one of many Wool Industry'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 Wool Industry'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 Wool Industry Tria
Checking the ongoing alerts about Wool Industry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wool Industry Tria help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wool Industry Tria generated a negative expected return over the last 90 days | |
| Wool Industry Tria has high historical volatility and very poor performance | |
| Wool Industry Tria has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Wool Industry Tria has accumulated 1.75 M in total debt with debt to equity ratio (D/E) of 399.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wool Industry Tria has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wool Industry until it has trouble settling it off, either with new capital or with free cash flow. So, Wool Industry's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wool Industry Tria sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wool to invest in growth at high rates of return. When we think about Wool Industry's use of debt, we should always consider it together with cash and equity. | |
| Wool Industry Tria has accumulated about 85.97 K in cash with (155.42 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
Additional Tools for Wool Stock Analysis
When running Wool Industry's price analysis, check to measure Wool Industry'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 Wool Industry is operating at the current time. Most of Wool Industry's value examination focuses on studying past and present price action to predict the probability of Wool Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wool Industry's price. Additionally, you may evaluate how the addition of Wool Industry to your portfolios can decrease your overall portfolio volatility.