ASICS CORP(UNSPADR)/1 (Germany) Probability of Future Stock Price Finishing Over 26.40

ASI Stock  EUR 26.40  0.20  0.76%   
ASICS CORP(UNSPADR)/1's future price is the expected price of ASICS CORP(UNSPADR)/1 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 ASICS P1 performance during a given time horizon utilizing its historical volatility. Check out ASICS CORP(UNSPADR)/1 Analysis, ASICS CORP(UNSPADR)/1 Valuation, ASICS CORP(UNSPADR)/1 Correlation, ASICS CORP(UNSPADR)/1 Hype Analysis, ASICS CORP(UNSPADR)/1 Volatility, ASICS CORP(UNSPADR)/1 Price History as well as ASICS CORP(UNSPADR)/1 Performance.
  
Please specify ASICS CORP(UNSPADR)/1's target price for which you would like ASICS CORP(UNSPADR)/1 odds to be computed.

ASICS CORP(UNSPADR)/1 Target Price Odds to finish over 26.40

The tendency of ASICS 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 move above the current price in 90 days
 26.40 90 days 26.40 
near 1
Based on a normal probability distribution, the odds of ASICS CORP(UNSPADR)/1 to move above the current price in 90 days from now is near 1 (This ASICS P1 probability density function shows the probability of ASICS Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon ASICS P1 has a beta of -0.0485. This suggests as returns on the benchmark increase, returns on holding ASICS CORP(UNSPADR)/1 are expected to decrease at a much lower rate. During a bear market, however, ASICS P1 is likely to outperform the market. Additionally ASICS P1 has an alpha of 0.4518, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ASICS CORP(UNSPADR)/1 Price Density   
       Price  

Predictive Modules for ASICS CORP(UNSPADR)/1

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASICS CORP(UNSPADR)/1. 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
24.9727.0929.21
Details
Intrinsic
Valuation
LowRealHigh
18.8620.9829.04
Details
Naive
Forecast
LowNextHigh
26.6528.7730.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-67.2724.8529.45
Details

ASICS CORP(UNSPADR)/1 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ASICS CORP(UNSPADR)/1 is not an exception. The market had few large corrections towards the ASICS CORP(UNSPADR)/1'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 ASICS P1, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ASICS CORP(UNSPADR)/1 within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.45
β
Beta against Dow Jones-0.05
σ
Overall volatility
1.67
Ir
Information ratio 0.17

ASICS CORP(UNSPADR)/1 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 ASICS CORP(UNSPADR)/1 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ASICS CORP(UNSPADR)/1 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.

ASICS CORP(UNSPADR)/1 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 ASICS Stock often depends not only on the future outlook of the current and potential ASICS CORP(UNSPADR)/1'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. ASICS CORP(UNSPADR)/1's indicators that are reflective of the short sentiment are summarized in the table below.
Dividend Yield0.0049
Forward Annual Dividend Rate0.13
Shares Float708.1 M

ASICS CORP(UNSPADR)/1 Technical Analysis

ASICS CORP(UNSPADR)/1's future price can be derived by breaking down and analyzing its technical indicators over time. ASICS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ASICS P1. In general, you should focus on analyzing ASICS Stock price patterns and their correlations with different microeconomic environments and drivers.

ASICS CORP(UNSPADR)/1 Predictive Forecast Models

ASICS CORP(UNSPADR)/1's time-series forecasting models is one of many ASICS CORP(UNSPADR)/1'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 ASICS CORP(UNSPADR)/1'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 ASICS CORP(UNSPADR)/1

Checking the ongoing alerts about ASICS CORP(UNSPADR)/1 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASICS CORP(UNSPADR)/1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Other Information on Investing in ASICS Stock

ASICS CORP(UNSPADR)/1 financial ratios help investors to determine whether ASICS 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 ASICS with respect to the benefits of owning ASICS CORP(UNSPADR)/1 security.