AudioCodes (Israel) Probability of Future Stock Price Finishing Under 3250.0
| AUDC Stock | ILA 3,250 10.00 0.31% |
AudioCodes |
AudioCodes Target Price Odds to finish below 3250.0
The tendency of AudioCodes 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 move below current price in 90 days |
| 3,250 | 90 days | 3,250 | about 9.2 |
Based on a normal probability distribution, the odds of AudioCodes to move below current price in 90 days from now is about 9.2 (This AudioCodes probability density function shows the probability of AudioCodes Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon AudioCodes has a beta of -0.33. This suggests as returns on the benchmark increase, returns on holding AudioCodes are expected to decrease at a much lower rate. During a bear market, however, AudioCodes is likely to outperform the market. Additionally AudioCodes 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. AudioCodes Price Density |
| Price |
Predictive Modules for AudioCodes
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AudioCodes. 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.AudioCodes Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AudioCodes is not an exception. The market had few large corrections towards the AudioCodes' 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 AudioCodes, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AudioCodes within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 316.62 | |
Ir | Information ratio | -0.17 |
AudioCodes 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 AudioCodes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AudioCodes can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AudioCodes generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are held by company insiders |
AudioCodes Technical Analysis
AudioCodes' future price can be derived by breaking down and analyzing its technical indicators over time. AudioCodes Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AudioCodes. In general, you should focus on analyzing AudioCodes Stock price patterns and their correlations with different microeconomic environments and drivers.
AudioCodes Predictive Forecast Models
AudioCodes' time-series forecasting models is one of many AudioCodes' 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 AudioCodes' 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 AudioCodes
Checking the ongoing alerts about AudioCodes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AudioCodes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AudioCodes generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are held by company insiders |
Additional Information and Resources on Investing in AudioCodes Stock
When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:Check out AudioCodes Backtesting, AudioCodes Valuation, AudioCodes Correlation, AudioCodes Hype Analysis, AudioCodes Volatility, AudioCodes History as well as AudioCodes Performance. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.