Almirall (Spain) Odds of Future Stock Price Finishing Over 10.30
| ALM Stock | EUR 8.74 0.07 0.81% |
Almirall |
Almirall Target Price Odds to finish over 10.30
The tendency of Almirall 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 € 10.30 or more in 90 days |
| 8.74 | 90 days | 10.30 | near 1 |
Based on a normal probability distribution, the odds of Almirall to move over € 10.30 or more in 90 days from now is near 1 (This Almirall SA probability density function shows the probability of Almirall Stock to fall within a particular range of prices over 90 days) . Probability of Almirall SA price to stay between its current price of € 8.74 and € 10.30 at the end of the 90-day period is about 55.68 .
Assuming the 90 days trading horizon Almirall SA has a beta of -0.11. This suggests as returns on the benchmark increase, returns on holding Almirall are expected to decrease at a much lower rate. During a bear market, however, Almirall SA is likely to outperform the market. Additionally Almirall SA has an alpha of 0.0103, implying that it can generate a 0.0103 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Almirall Price Density |
| Price |
Predictive Modules for Almirall
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Almirall SA. 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.Almirall Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Almirall is not an exception. The market had few large corrections towards the Almirall'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 Almirall SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Almirall within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.09 |
Almirall 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 Almirall for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Almirall SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Almirall SA generated a negative expected return over the last 90 days | |
| Almirall SA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 827.2 M. Net Loss for the year was (40.86 M) with profit before overhead, payroll, taxes, and interest of 645.59 M. | |
| About 60.0% of the company shares are held by company insiders |
Almirall 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 Almirall Stock often depends not only on the future outlook of the current and potential Almirall'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. Almirall's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 188.9 M | |
| Cash And Short Term Investments | 207.4 M |
Almirall Technical Analysis
Almirall's future price can be derived by breaking down and analyzing its technical indicators over time. Almirall Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Almirall SA. In general, you should focus on analyzing Almirall Stock price patterns and their correlations with different microeconomic environments and drivers.
Almirall Predictive Forecast Models
Almirall's time-series forecasting models is one of many Almirall'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 Almirall'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 Almirall SA
Checking the ongoing alerts about Almirall for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Almirall SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Almirall SA generated a negative expected return over the last 90 days | |
| Almirall SA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 827.2 M. Net Loss for the year was (40.86 M) with profit before overhead, payroll, taxes, and interest of 645.59 M. | |
| About 60.0% of the company shares are held by company insiders |
Other Information on Investing in Almirall Stock
Almirall financial ratios help investors to determine whether Almirall Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Almirall with respect to the benefits of owning Almirall security.