Altri SGPS (Portugal) Probability of Future Stock Price Finishing Under 5.33

ALTR Stock  EUR 5.16  0.05  0.98%   
Altri SGPS's future price is the expected price of Altri SGPS instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Altri SGPS SA performance during a given time horizon utilizing its historical volatility. Check out Altri SGPS Backtesting, Altri SGPS Valuation, Altri SGPS Correlation, Altri SGPS Hype Analysis, Altri SGPS Volatility, Altri SGPS History as well as Altri SGPS Performance.
  
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Altri SGPS Target Price Odds to finish below 5.33

The tendency of Altri 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 PriceHorizonTarget PriceOdds to stay under € 5.33  after 90 days
 5.16 90 days 5.33 
close to 99
Based on a normal probability distribution, the odds of Altri SGPS to stay under € 5.33  after 90 days from now is close to 99 (This Altri SGPS SA probability density function shows the probability of Altri Stock to fall within a particular range of prices over 90 days) . Probability of Altri SGPS SA price to stay between its current price of € 5.16  and € 5.33  at the end of the 90-day period is about 17.46 .
Assuming the 90 days trading horizon Altri SGPS SA has a beta of -0.0505. This suggests as returns on the benchmark increase, returns on holding Altri SGPS are expected to decrease at a much lower rate. During a bear market, however, Altri SGPS SA is likely to outperform the market. Additionally Altri SGPS SA has an alpha of 0.118, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Altri SGPS Price Density   
       Price  

Predictive Modules for Altri SGPS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altri SGPS 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.
Hype
Prediction
LowEstimatedHigh
4.045.166.28
Details
Intrinsic
Valuation
LowRealHigh
3.274.395.51
Details
Naive
Forecast
LowNextHigh
4.045.156.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.915.075.23
Details

Altri SGPS Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Altri SGPS is not an exception. The market had few large corrections towards the Altri SGPS'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 Altri SGPS SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Altri SGPS within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.12
β
Beta against Dow Jones-0.05
σ
Overall volatility
0.11
Ir
Information ratio -0.002

Altri SGPS 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 Altri SGPS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altri SGPS 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.
About 70.0% of the company shares are held by company insiders

Altri SGPS 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 Altri Stock often depends not only on the future outlook of the current and potential Altri SGPS'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. Altri SGPS's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding205.1 M
Cash And Short Term Investments238.9 M

Altri SGPS Technical Analysis

Altri SGPS's future price can be derived by breaking down and analyzing its technical indicators over time. Altri Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Altri SGPS SA. In general, you should focus on analyzing Altri Stock price patterns and their correlations with different microeconomic environments and drivers.

Altri SGPS Predictive Forecast Models

Altri SGPS's time-series forecasting models is one of many Altri SGPS'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 Altri SGPS'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 Altri SGPS SA

Checking the ongoing alerts about Altri SGPS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Altri SGPS SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 70.0% of the company shares are held by company insiders

Additional Tools for Altri Stock Analysis

When running Altri SGPS's price analysis, check to measure Altri SGPS'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 Altri SGPS is operating at the current time. Most of Altri SGPS's value examination focuses on studying past and present price action to predict the probability of Altri SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altri SGPS's price. Additionally, you may evaluate how the addition of Altri SGPS to your portfolios can decrease your overall portfolio volatility.