AmerisourceBergen (Germany) Probability of Future Stock Price Finishing Under 201.96
| ABG Stock | EUR 228.35 2.85 1.26% |
AmerisourceBergen |
AmerisourceBergen Target Price Odds to finish below 201.96
The tendency of AmerisourceBergen 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 € 201.96 or more in 90 days |
| 228.35 | 90 days | 201.96 | about 14.79 |
Based on a normal probability distribution, the odds of AmerisourceBergen to drop to € 201.96 or more in 90 days from now is about 14.79 (This AmerisourceBergen probability density function shows the probability of AmerisourceBergen Stock to fall within a particular range of prices over 90 days) . Probability of AmerisourceBergen price to stay between € 201.96 and its current price of €228.35 at the end of the 90-day period is about 69.31 .
Assuming the 90 days trading horizon AmerisourceBergen has a beta of 0.58. This suggests as returns on the market go up, AmerisourceBergen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AmerisourceBergen will be expected to be much smaller as well. Additionally AmerisourceBergen has an alpha of 0.0569, implying that it can generate a 0.0569 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AmerisourceBergen Price Density |
| Price |
Predictive Modules for AmerisourceBergen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AmerisourceBergen. 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.AmerisourceBergen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AmerisourceBergen is not an exception. The market had few large corrections towards the AmerisourceBergen'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 AmerisourceBergen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AmerisourceBergen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 12.91 | |
Ir | Information ratio | 0.01 |
AmerisourceBergen 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 AmerisourceBergen Stock often depends not only on the future outlook of the current and potential AmerisourceBergen'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. AmerisourceBergen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 206.2 M | |
| Dividends Paid | 391.7 M | |
| Short Long Term Debt | 1.1 B |
AmerisourceBergen Technical Analysis
AmerisourceBergen's future price can be derived by breaking down and analyzing its technical indicators over time. AmerisourceBergen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AmerisourceBergen. In general, you should focus on analyzing AmerisourceBergen Stock price patterns and their correlations with different microeconomic environments and drivers.
AmerisourceBergen Predictive Forecast Models
AmerisourceBergen's time-series forecasting models is one of many AmerisourceBergen'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 AmerisourceBergen'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 AmerisourceBergen 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, AmerisourceBergen's short interest history, or implied volatility extrapolated from AmerisourceBergen options trading.
Other Information on Investing in AmerisourceBergen Stock
AmerisourceBergen financial ratios help investors to determine whether AmerisourceBergen 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 AmerisourceBergen with respect to the benefits of owning AmerisourceBergen security.