ALTER NRG (Germany) Probability of Future Stock Price Finishing Under 25.79
| AND Stock | 27.00 0.20 0.74% |
ALTER |
ALTER NRG Target Price Odds to finish below 25.79
The tendency of ALTER 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 25.79 or more in 90 days |
| 27.00 | 90 days | 25.79 | roughly 2.09 |
Based on a normal probability distribution, the odds of ALTER NRG to drop to 25.79 or more in 90 days from now is roughly 2.09 (This ALTER NRG probability density function shows the probability of ALTER Stock to fall within a particular range of prices over 90 days) . Probability of ALTER NRG price to stay between 25.79 and its current price of 27.0 at the end of the 90-day period is about 1.71 .
Assuming the 90 days horizon ALTER NRG has a beta of 0.15. This suggests as returns on the market go up, ALTER NRG average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALTER NRG will be expected to be much smaller as well. Additionally ALTER NRG 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. ALTER NRG Price Density |
| Price |
Predictive Modules for ALTER NRG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALTER NRG. 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.ALTER NRG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALTER NRG is not an exception. The market had few large corrections towards the ALTER NRG'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 ALTER NRG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALTER NRG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 4.65 | |
Ir | Information ratio | -0.16 |
ALTER NRG 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 ALTER NRG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ALTER NRG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ALTER NRG generated a negative expected return over the last 90 days |
ALTER NRG Technical Analysis
ALTER NRG's future price can be derived by breaking down and analyzing its technical indicators over time. ALTER Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALTER NRG. In general, you should focus on analyzing ALTER Stock price patterns and their correlations with different microeconomic environments and drivers.
ALTER NRG Predictive Forecast Models
ALTER NRG's time-series forecasting models is one of many ALTER NRG'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 ALTER NRG'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 ALTER NRG
Checking the ongoing alerts about ALTER NRG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ALTER NRG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ALTER NRG generated a negative expected return over the last 90 days |
Other Information on Investing in ALTER Stock
ALTER NRG financial ratios help investors to determine whether ALTER 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 ALTER with respect to the benefits of owning ALTER NRG security.