ALTEO Energiaszolgalta (Hungary) Probability of Future Stock Price Finishing Under 3513.3
| ALTEO Stock | 4,090 20.00 0.49% |
ALTEO |
ALTEO Energiaszolgalta Target Price Odds to finish below 3513.3
The tendency of ALTEO 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 drop to 3,513 or more in 90 days |
| 4,090 | 90 days | 3,513 | near 1 |
Based on a normal probability distribution, the odds of ALTEO Energiaszolgalta to drop to 3,513 or more in 90 days from now is near 1 (This ALTEO Energiaszolgaltato Nyrt probability density function shows the probability of ALTEO Stock to fall within a particular range of prices over 90 days) . Probability of ALTEO Energiaszolgalta price to stay between 3,513 and its current price of 4090.0 at the end of the 90-day period is roughly 2.46 .
Assuming the 90 days trading horizon ALTEO Energiaszolgalta has a beta of 0.12. This suggests as returns on the market go up, ALTEO Energiaszolgalta average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALTEO Energiaszolgaltato Nyrt will be expected to be much smaller as well. Additionally ALTEO Energiaszolgaltato Nyrt 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. ALTEO Energiaszolgalta Price Density |
| Price |
Predictive Modules for ALTEO Energiaszolgalta
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALTEO Energiaszolgalta. 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.ALTEO Energiaszolgalta Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALTEO Energiaszolgalta is not an exception. The market had few large corrections towards the ALTEO Energiaszolgalta'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 ALTEO Energiaszolgaltato Nyrt, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALTEO Energiaszolgalta within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 116.89 | |
Ir | Information ratio | -0.26 |
ALTEO Energiaszolgalta 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 ALTEO Energiaszolgalta for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ALTEO Energiaszolgalta can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ALTEO Energiaszolgalta generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by company insiders |
ALTEO Energiaszolgalta 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 ALTEO Stock often depends not only on the future outlook of the current and potential ALTEO Energiaszolgalta'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. ALTEO Energiaszolgalta's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.4 M |
ALTEO Energiaszolgalta Technical Analysis
ALTEO Energiaszolgalta's future price can be derived by breaking down and analyzing its technical indicators over time. ALTEO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALTEO Energiaszolgaltato Nyrt. In general, you should focus on analyzing ALTEO Stock price patterns and their correlations with different microeconomic environments and drivers.
ALTEO Energiaszolgalta Predictive Forecast Models
ALTEO Energiaszolgalta's time-series forecasting models is one of many ALTEO Energiaszolgalta'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 ALTEO Energiaszolgalta'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 ALTEO Energiaszolgalta
Checking the ongoing alerts about ALTEO Energiaszolgalta for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ALTEO Energiaszolgalta help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ALTEO Energiaszolgalta generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by company insiders |
Other Information on Investing in ALTEO Stock
ALTEO Energiaszolgalta financial ratios help investors to determine whether ALTEO 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 ALTEO with respect to the benefits of owning ALTEO Energiaszolgalta security.