FreelanceCom (France) Probability of Future Stock Price Finishing Over 9.54
ALFRE Stock | EUR 2.78 0.06 2.11% |
FreelanceCom |
FreelanceCom Target Price Odds to finish over 9.54
The tendency of FreelanceCom 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 € 9.54 or more in 90 days |
2.78 | 90 days | 9.54 | close to zero percent |
Based on a normal probability distribution, the odds of FreelanceCom to move over € 9.54 or more in 90 days from now is close to zero percent (This FreelanceCom probability density function shows the probability of FreelanceCom Stock to fall within a particular range of prices over 90 days) . Probability of FreelanceCom price to stay between its current price of € 2.78 and € 9.54 at the end of the 90-day period is about 40.13 .
Assuming the 90 days trading horizon FreelanceCom has a beta of -0.4. This suggests as returns on the benchmark increase, returns on holding FreelanceCom are expected to decrease at a much lower rate. During a bear market, however, FreelanceCom is likely to outperform the market. Additionally FreelanceCom has an alpha of 0.0189, implying that it can generate a 0.0189 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FreelanceCom Price Density |
Price |
Predictive Modules for FreelanceCom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FreelanceCom. 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 FreelanceCom's 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.
FreelanceCom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FreelanceCom is not an exception. The market had few large corrections towards the FreelanceCom'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 FreelanceCom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FreelanceCom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.0061 |
FreelanceCom 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 FreelanceCom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FreelanceCom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.About 84.0% of the company shares are held by company insiders |
FreelanceCom 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 FreelanceCom Stock often depends not only on the future outlook of the current and potential FreelanceCom'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. FreelanceCom's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 41.1 M | |
Cash And Short Term Investments | 67.2 M |
FreelanceCom Technical Analysis
FreelanceCom's future price can be derived by breaking down and analyzing its technical indicators over time. FreelanceCom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FreelanceCom. In general, you should focus on analyzing FreelanceCom Stock price patterns and their correlations with different microeconomic environments and drivers.
FreelanceCom Predictive Forecast Models
FreelanceCom's time-series forecasting models is one of many FreelanceCom'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 FreelanceCom'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 FreelanceCom
Checking the ongoing alerts about FreelanceCom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FreelanceCom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 84.0% of the company shares are held by company insiders |
Additional Tools for FreelanceCom Stock Analysis
When running FreelanceCom's price analysis, check to measure FreelanceCom'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 FreelanceCom is operating at the current time. Most of FreelanceCom's value examination focuses on studying past and present price action to predict the probability of FreelanceCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FreelanceCom's price. Additionally, you may evaluate how the addition of FreelanceCom to your portfolios can decrease your overall portfolio volatility.