LleidaNetworks Serveis (France) Probability of Future Stock Price Finishing Under 1.02
| ALLLN Stock | 1.02 0.02 1.92% |
LleidaNetworks |
LleidaNetworks Serveis Target Price Odds to finish below 1.02
The tendency of LleidaNetworks 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 below current price in 90 days |
| 1.02 | 90 days | 1.02 | nearly 4.4 |
Based on a normal probability distribution, the odds of LleidaNetworks Serveis to move below current price in 90 days from now is nearly 4.4 (This LleidaNetworks Serveis Telemtics probability density function shows the probability of LleidaNetworks Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon LleidaNetworks Serveis Telemtics has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding LleidaNetworks Serveis are expected to decrease at a much lower rate. During a bear market, however, LleidaNetworks Serveis Telemtics is likely to outperform the market. Additionally LleidaNetworks Serveis Telemtics 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. LleidaNetworks Serveis Price Density |
| Price |
Predictive Modules for LleidaNetworks Serveis
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LleidaNetworks Serveis. 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.LleidaNetworks Serveis Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LleidaNetworks Serveis is not an exception. The market had few large corrections towards the LleidaNetworks Serveis' 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 LleidaNetworks Serveis Telemtics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LleidaNetworks Serveis within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.12 |
LleidaNetworks Serveis 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 LleidaNetworks Serveis for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LleidaNetworks Serveis can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LleidaNetworks Serveis generated a negative expected return over the last 90 days | |
| LleidaNetworks Serveis has some characteristics of a very speculative penny stock | |
| About 42.0% of the company shares are held by company insiders |
LleidaNetworks Serveis 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 LleidaNetworks Stock often depends not only on the future outlook of the current and potential LleidaNetworks Serveis' 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. LleidaNetworks Serveis' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.3 M | |
| Cash And Short Term Investments | 5.9 M |
LleidaNetworks Serveis Technical Analysis
LleidaNetworks Serveis' future price can be derived by breaking down and analyzing its technical indicators over time. LleidaNetworks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LleidaNetworks Serveis Telemtics. In general, you should focus on analyzing LleidaNetworks Stock price patterns and their correlations with different microeconomic environments and drivers.
LleidaNetworks Serveis Predictive Forecast Models
LleidaNetworks Serveis' time-series forecasting models is one of many LleidaNetworks Serveis' 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 LleidaNetworks Serveis' 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 LleidaNetworks Serveis
Checking the ongoing alerts about LleidaNetworks Serveis for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LleidaNetworks Serveis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LleidaNetworks Serveis generated a negative expected return over the last 90 days | |
| LleidaNetworks Serveis has some characteristics of a very speculative penny stock | |
| About 42.0% of the company shares are held by company insiders |
Additional Tools for LleidaNetworks Stock Analysis
When running LleidaNetworks Serveis' price analysis, check to measure LleidaNetworks Serveis' 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 LleidaNetworks Serveis is operating at the current time. Most of LleidaNetworks Serveis' value examination focuses on studying past and present price action to predict the probability of LleidaNetworks Serveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LleidaNetworks Serveis' price. Additionally, you may evaluate how the addition of LleidaNetworks Serveis to your portfolios can decrease your overall portfolio volatility.