Grupo Rotoplas (Mexico) Probability of Future Stock Price Finishing Over 17.66
| AGUA Stock | MXN 17.35 0.13 0.74% |
Grupo |
Grupo Rotoplas Target Price Odds to finish over 17.66
The tendency of Grupo 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 over 17.66 or more in 90 days |
| 17.35 | 90 days | 17.66 | under 95 |
Based on a normal probability distribution, the odds of Grupo Rotoplas to move over 17.66 or more in 90 days from now is under 95 (This Grupo Rotoplas SAB probability density function shows the probability of Grupo Stock to fall within a particular range of prices over 90 days) . Probability of Grupo Rotoplas SAB price to stay between its current price of 17.35 and 17.66 at the end of the 90-day period is about 1.33 .
Assuming the 90 days trading horizon Grupo Rotoplas SAB has a beta of -0.4. This suggests as returns on the benchmark increase, returns on holding Grupo Rotoplas are expected to decrease at a much lower rate. During a bear market, however, Grupo Rotoplas SAB is likely to outperform the market. Additionally Grupo Rotoplas SAB 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. Grupo Rotoplas Price Density |
| Price |
Predictive Modules for Grupo Rotoplas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo Rotoplas SAB. 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.Grupo Rotoplas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Grupo Rotoplas is not an exception. The market had few large corrections towards the Grupo Rotoplas' 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 Grupo Rotoplas SAB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Grupo Rotoplas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 2.43 | |
Ir | Information ratio | -0.27 |
Grupo Rotoplas 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 Grupo Rotoplas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Grupo Rotoplas SAB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Grupo Rotoplas SAB generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are held by institutions such as insurance companies |
Grupo Rotoplas 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 Grupo Stock often depends not only on the future outlook of the current and potential Grupo Rotoplas' 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. Grupo Rotoplas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 482.1 M |
Grupo Rotoplas Technical Analysis
Grupo Rotoplas' future price can be derived by breaking down and analyzing its technical indicators over time. Grupo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grupo Rotoplas SAB. In general, you should focus on analyzing Grupo Stock price patterns and their correlations with different microeconomic environments and drivers.
Grupo Rotoplas Predictive Forecast Models
Grupo Rotoplas' time-series forecasting models is one of many Grupo Rotoplas' 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 Grupo Rotoplas' 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 Grupo Rotoplas SAB
Checking the ongoing alerts about Grupo Rotoplas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Grupo Rotoplas SAB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Grupo Rotoplas SAB generated a negative expected return over the last 90 days | |
| About 67.0% of the company shares are held by institutions such as insurance companies |
Additional Tools for Grupo Stock Analysis
When running Grupo Rotoplas' price analysis, check to measure Grupo Rotoplas' 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 Grupo Rotoplas is operating at the current time. Most of Grupo Rotoplas' value examination focuses on studying past and present price action to predict the probability of Grupo Rotoplas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Rotoplas' price. Additionally, you may evaluate how the addition of Grupo Rotoplas to your portfolios can decrease your overall portfolio volatility.