ASSGENERALI ADR (Germany) Probability of Future Stock Price Finishing Under 11.75
| ASG0 Stock | EUR 13.30 0.10 0.76% |
ASSGENERALI |
ASSGENERALI ADR Target Price Odds to finish below 11.75
The tendency of ASSGENERALI 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 € 11.75 or more in 90 days |
| 13.30 | 90 days | 11.75 | about 1.43 |
Based on a normal probability distribution, the odds of ASSGENERALI ADR to drop to € 11.75 or more in 90 days from now is about 1.43 (This ASSGENERALI ADR 12EO probability density function shows the probability of ASSGENERALI Stock to fall within a particular range of prices over 90 days) . Probability of ASSGENERALI ADR 12EO price to stay between € 11.75 and its current price of €13.3 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon ASSGENERALI ADR has a beta of 0.15. This suggests as returns on the market go up, ASSGENERALI ADR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASSGENERALI ADR 12EO will be expected to be much smaller as well. Additionally ASSGENERALI ADR 12EO has an alpha of 0.1743, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ASSGENERALI ADR Price Density |
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Predictive Modules for ASSGENERALI ADR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASSGENERALI ADR 12EO. 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.ASSGENERALI ADR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ASSGENERALI ADR is not an exception. The market had few large corrections towards the ASSGENERALI ADR'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 ASSGENERALI ADR 12EO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ASSGENERALI ADR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.06 |
ASSGENERALI ADR 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 ASSGENERALI ADR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ASSGENERALI ADR 12EO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ASSGENERALI ADR 12EO has accumulated 19.33 B in total debt with debt to equity ratio (D/E) of 0.64, which is about average as compared to similar companies. ASSGENERALI ADR 12EO has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ASSGENERALI ADR until it has trouble settling it off, either with new capital or with free cash flow. So, ASSGENERALI ADR's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ASSGENERALI ADR 12EO sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ASSGENERALI to invest in growth at high rates of return. When we think about ASSGENERALI ADR's use of debt, we should always consider it together with cash and equity. |
ASSGENERALI ADR Technical Analysis
ASSGENERALI ADR's future price can be derived by breaking down and analyzing its technical indicators over time. ASSGENERALI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ASSGENERALI ADR 12EO. In general, you should focus on analyzing ASSGENERALI Stock price patterns and their correlations with different microeconomic environments and drivers.
ASSGENERALI ADR Predictive Forecast Models
ASSGENERALI ADR's time-series forecasting models is one of many ASSGENERALI ADR'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 ASSGENERALI ADR'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 ASSGENERALI ADR 12EO
Checking the ongoing alerts about ASSGENERALI ADR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASSGENERALI ADR 12EO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ASSGENERALI ADR 12EO has accumulated 19.33 B in total debt with debt to equity ratio (D/E) of 0.64, which is about average as compared to similar companies. ASSGENERALI ADR 12EO has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ASSGENERALI ADR until it has trouble settling it off, either with new capital or with free cash flow. So, ASSGENERALI ADR's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ASSGENERALI ADR 12EO sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ASSGENERALI to invest in growth at high rates of return. When we think about ASSGENERALI ADR's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in ASSGENERALI Stock
ASSGENERALI ADR financial ratios help investors to determine whether ASSGENERALI 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 ASSGENERALI with respect to the benefits of owning ASSGENERALI ADR security.