Alumil Rom (Romania) Probability of Future Stock Price Finishing Over 2.67
| ALU Stock | 2.71 0.22 8.84% |
Alumil |
Alumil Rom Target Price Odds to finish over 2.67
The tendency of Alumil 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 stay above 2.67 in 90 days |
| 2.71 | 90 days | 2.67 | about 82.15 |
Based on a normal probability distribution, the odds of Alumil Rom to stay above 2.67 in 90 days from now is about 82.15 (This Alumil Rom Industry probability density function shows the probability of Alumil Stock to fall within a particular range of prices over 90 days) . Probability of Alumil Rom Industry price to stay between 2.67 and its current price of 2.71 at the end of the 90-day period is about 12.59 .
Assuming the 90 days trading horizon Alumil Rom Industry has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding Alumil Rom are expected to decrease at a much lower rate. During a bear market, however, Alumil Rom Industry is likely to outperform the market. Additionally Alumil Rom Industry 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. Alumil Rom Price Density |
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Predictive Modules for Alumil Rom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alumil Rom Industry. 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.Alumil Rom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alumil Rom is not an exception. The market had few large corrections towards the Alumil Rom'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 Alumil Rom Industry, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alumil Rom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.08 |
Alumil Rom 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 Alumil Rom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alumil Rom Industry can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alumil Rom Industry generated a negative expected return over the last 90 days |
Alumil Rom Technical Analysis
Alumil Rom's future price can be derived by breaking down and analyzing its technical indicators over time. Alumil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alumil Rom Industry. In general, you should focus on analyzing Alumil Stock price patterns and their correlations with different microeconomic environments and drivers.
Alumil Rom Predictive Forecast Models
Alumil Rom's time-series forecasting models is one of many Alumil Rom'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 Alumil Rom'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 Alumil Rom Industry
Checking the ongoing alerts about Alumil Rom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alumil Rom Industry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alumil Rom Industry generated a negative expected return over the last 90 days |
Other Information on Investing in Alumil Stock
Alumil Rom financial ratios help investors to determine whether Alumil 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 Alumil with respect to the benefits of owning Alumil Rom security.