Asseco Business (Poland) Probability of Future Stock Price Finishing Under 35.76
| ABS Stock | 51.00 2.20 4.14% |
Asseco |
Asseco Business Target Price Odds to finish below 35.76
The tendency of Asseco 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 35.76 or more in 90 days |
| 51.00 | 90 days | 35.76 | near 1 |
Based on a normal probability distribution, the odds of Asseco Business to drop to 35.76 or more in 90 days from now is near 1 (This Asseco Business Solutions probability density function shows the probability of Asseco Stock to fall within a particular range of prices over 90 days) . Probability of Asseco Business Solutions price to stay between 35.76 and its current price of 51.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Asseco Business has a beta of 0.0969. This suggests as returns on the market go up, Asseco Business average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asseco Business Solutions will be expected to be much smaller as well. Additionally Asseco Business Solutions 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. Asseco Business Price Density |
| Price |
Predictive Modules for Asseco Business
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asseco Business Solutions. 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 Asseco Business' 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.
Asseco Business Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asseco Business is not an exception. The market had few large corrections towards the Asseco Business' 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 Asseco Business Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asseco Business within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 2.02 | |
Ir | Information ratio | -0.21 |
Asseco Business 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 Asseco Business for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asseco Business Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asseco Business generated a negative expected return over the last 90 days | |
| About 46.0% of the company shares are held by company insiders |
Asseco Business 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 Asseco Stock often depends not only on the future outlook of the current and potential Asseco Business' 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. Asseco Business' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.4 M | |
| Cash And Short Term Investments | 42.8 M |
Asseco Business Technical Analysis
Asseco Business' future price can be derived by breaking down and analyzing its technical indicators over time. Asseco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asseco Business Solutions. In general, you should focus on analyzing Asseco Stock price patterns and their correlations with different microeconomic environments and drivers.
Asseco Business Predictive Forecast Models
Asseco Business' time-series forecasting models is one of many Asseco Business' 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 Asseco Business' 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 Asseco Business Solutions
Checking the ongoing alerts about Asseco Business for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asseco Business Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asseco Business generated a negative expected return over the last 90 days | |
| About 46.0% of the company shares are held by company insiders |
Additional Tools for Asseco Stock Analysis
When running Asseco Business' price analysis, check to measure Asseco Business' 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 Asseco Business is operating at the current time. Most of Asseco Business' value examination focuses on studying past and present price action to predict the probability of Asseco Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asseco Business' price. Additionally, you may evaluate how the addition of Asseco Business to your portfolios can decrease your overall portfolio volatility.