Azkoyen (Spain) Odds of Future Stock Price Finishing Over 5.88
| AZK Stock | EUR 6.14 0.06 0.97% |
Azkoyen |
Azkoyen Target Price Odds to finish over 5.88
The tendency of Azkoyen 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 € 5.88 in 90 days |
| 6.14 | 90 days | 5.88 | close to 99 |
Based on a normal probability distribution, the odds of Azkoyen to stay above € 5.88 in 90 days from now is close to 99 (This Azkoyen probability density function shows the probability of Azkoyen Stock to fall within a particular range of prices over 90 days) . Probability of Azkoyen price to stay between € 5.88 and its current price of €6.14 at the end of the 90-day period is roughly 2.81 .
Assuming the 90 days trading horizon Azkoyen has a beta of 0.3. This suggests as returns on the market go up, Azkoyen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Azkoyen will be expected to be much smaller as well. Additionally Azkoyen 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. Azkoyen Price Density |
| Price |
Predictive Modules for Azkoyen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Azkoyen. 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.Azkoyen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Azkoyen is not an exception. The market had few large corrections towards the Azkoyen'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 Azkoyen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Azkoyen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.17 |
Azkoyen 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 Azkoyen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Azkoyen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Azkoyen generated a negative expected return over the last 90 days | |
| About 65.0% of the company shares are held by company insiders |
Azkoyen 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 Azkoyen Stock often depends not only on the future outlook of the current and potential Azkoyen'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. Azkoyen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.4 M |
Azkoyen Technical Analysis
Azkoyen's future price can be derived by breaking down and analyzing its technical indicators over time. Azkoyen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Azkoyen. In general, you should focus on analyzing Azkoyen Stock price patterns and their correlations with different microeconomic environments and drivers.
Azkoyen Predictive Forecast Models
Azkoyen's time-series forecasting models is one of many Azkoyen'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 Azkoyen'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 Azkoyen
Checking the ongoing alerts about Azkoyen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Azkoyen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Azkoyen generated a negative expected return over the last 90 days | |
| About 65.0% of the company shares are held by company insiders |
Other Information on Investing in Azkoyen Stock
Azkoyen financial ratios help investors to determine whether Azkoyen 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 Azkoyen with respect to the benefits of owning Azkoyen security.