Adecco Group (Germany) Probability of Future Stock Price Finishing Over 12.07
ADIA Stock | 12.30 0.50 3.91% |
Adecco |
Adecco Group Target Price Odds to finish over 12.07
The tendency of Adecco 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 12.07 in 90 days |
12.30 | 90 days | 12.07 | about 98.0 |
Based on a normal probability distribution, the odds of Adecco Group to stay above 12.07 in 90 days from now is about 98.0 (This Adecco Group AG probability density function shows the probability of Adecco Stock to fall within a particular range of prices over 90 days) . Probability of Adecco Group AG price to stay between 12.07 and its current price of 12.3 at the end of the 90-day period is about 1.65 .
Assuming the 90 days trading horizon Adecco Group AG has a beta of -0.0355. This suggests as returns on the benchmark increase, returns on holding Adecco Group are expected to decrease at a much lower rate. During a bear market, however, Adecco Group AG is likely to outperform the market. Additionally Adecco Group AG 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. Adecco Group Price Density |
Price |
Predictive Modules for Adecco Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Adecco Group AG. 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.Adecco Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Adecco Group is not an exception. The market had few large corrections towards the Adecco Group'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 Adecco Group AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Adecco Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | -0.25 |
Adecco Group 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 Adecco Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Adecco Group AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Adecco Group AG generated a negative expected return over the last 90 days |
Adecco Group Technical Analysis
Adecco Group's future price can be derived by breaking down and analyzing its technical indicators over time. Adecco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Adecco Group AG. In general, you should focus on analyzing Adecco Stock price patterns and their correlations with different microeconomic environments and drivers.
Adecco Group Predictive Forecast Models
Adecco Group's time-series forecasting models is one of many Adecco Group'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 Adecco Group'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 Adecco Group AG
Checking the ongoing alerts about Adecco Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Adecco Group AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Adecco Group AG generated a negative expected return over the last 90 days |
Additional Tools for Adecco Stock Analysis
When running Adecco Group's price analysis, check to measure Adecco Group'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 Adecco Group is operating at the current time. Most of Adecco Group's value examination focuses on studying past and present price action to predict the probability of Adecco Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adecco Group's price. Additionally, you may evaluate how the addition of Adecco Group to your portfolios can decrease your overall portfolio volatility.