Altheora (France) Odds of Future Stock Price Finishing Over 0.432
| ALORA Stock | 0.36 0.01 2.86% |
Altheora |
Altheora Target Price Odds to finish over 0.432
The tendency of Altheora 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 0.43 or more in 90 days |
| 0.36 | 90 days | 0.43 | about 28.93 |
Based on a normal probability distribution, the odds of Altheora to move over 0.43 or more in 90 days from now is about 28.93 (This Altheora SA probability density function shows the probability of Altheora Stock to fall within a particular range of prices over 90 days) . Probability of Altheora SA price to stay between its current price of 0.36 and 0.43 at the end of the 90-day period is about 62.82 .
Assuming the 90 days trading horizon Altheora has a beta of 0.73. This suggests as returns on the market go up, Altheora average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Altheora SA will be expected to be much smaller as well. Additionally Altheora SA 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. Altheora Price Density |
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Predictive Modules for Altheora
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altheora 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altheora. Your research has to be compared to or analyzed against Altheora's peers to derive any actionable benefits. When done correctly, Altheora's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Altheora SA.Altheora Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Altheora is not an exception. The market had few large corrections towards the Altheora'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 Altheora SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Altheora within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
Altheora 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 Altheora for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altheora 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.| Altheora SA generated a negative expected return over the last 90 days | |
| Altheora SA has high historical volatility and very poor performance | |
| Altheora SA has some characteristics of a very speculative penny stock |
Altheora Technical Analysis
Altheora's future price can be derived by breaking down and analyzing its technical indicators over time. Altheora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Altheora SA. In general, you should focus on analyzing Altheora Stock price patterns and their correlations with different microeconomic environments and drivers.
Altheora Predictive Forecast Models
Altheora's time-series forecasting models is one of many Altheora'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 Altheora'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 Altheora SA
Checking the ongoing alerts about Altheora for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Altheora SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Altheora SA generated a negative expected return over the last 90 days | |
| Altheora SA has high historical volatility and very poor performance | |
| Altheora SA has some characteristics of a very speculative penny stock |
Additional Tools for Altheora Stock Analysis
When running Altheora's price analysis, check to measure Altheora'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 Altheora is operating at the current time. Most of Altheora's value examination focuses on studying past and present price action to predict the probability of Altheora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altheora's price. Additionally, you may evaluate how the addition of Altheora to your portfolios can decrease your overall portfolio volatility.