Alfen Nv Stock Odds of Future OTC Stock Price Finishing Under 7.61
| ABHBY Stock | 6.00 1.00 14.29% |
Alfen |
Alfen NV Target Price Odds to finish below 7.61
The tendency of Alfen OTC 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 under 7.61 after 90 days |
| 6.00 | 90 days | 7.61 | about 66.53 |
Based on a normal probability distribution, the odds of Alfen NV to stay under 7.61 after 90 days from now is about 66.53 (This Alfen NV probability density function shows the probability of Alfen OTC Stock to fall within a particular range of prices over 90 days) . Probability of Alfen NV price to stay between its current price of 6.00 and 7.61 at the end of the 90-day period is about 61.25 .
Assuming the 90 days horizon Alfen NV has a beta of -0.3. This suggests as returns on the benchmark increase, returns on holding Alfen NV are expected to decrease at a much lower rate. During a bear market, however, Alfen NV is likely to outperform the market. Additionally Alfen NV 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. Alfen NV Price Density |
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Predictive Modules for Alfen NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alfen NV. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Alfen NV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alfen NV is not an exception. The market had few large corrections towards the Alfen NV'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 Alfen NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alfen NV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.61 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.26 |
Alfen NV 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 Alfen NV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alfen NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alfen NV generated a negative expected return over the last 90 days | |
| Alfen NV has high historical volatility and very poor performance |
Alfen NV Technical Analysis
Alfen NV's future price can be derived by breaking down and analyzing its technical indicators over time. Alfen OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alfen NV. In general, you should focus on analyzing Alfen OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Alfen NV Predictive Forecast Models
Alfen NV's time-series forecasting models is one of many Alfen NV's otc 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 Alfen NV'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 otc stock market movement and maximize returns from investment trading.
Things to note about Alfen NV
Checking the ongoing alerts about Alfen NV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alfen NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alfen NV generated a negative expected return over the last 90 days | |
| Alfen NV has high historical volatility and very poor performance |
Additional Tools for Alfen OTC Stock Analysis
When running Alfen NV's price analysis, check to measure Alfen NV'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 Alfen NV is operating at the current time. Most of Alfen NV's value examination focuses on studying past and present price action to predict the probability of Alfen NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alfen NV's price. Additionally, you may evaluate how the addition of Alfen NV to your portfolios can decrease your overall portfolio volatility.