Danone SA (France) Probability of Future Stock Price Finishing Over 59.82
| BN Stock | EUR 64.70 0.16 0.25% |
Danone |
Danone SA Target Price Odds to finish over 59.82
The tendency of Danone 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 € 59.82 in 90 days |
| 64.70 | 90 days | 59.82 | close to 99 |
Based on a normal probability distribution, the odds of Danone SA to stay above € 59.82 in 90 days from now is close to 99 (This Danone SA probability density function shows the probability of Danone Stock to fall within a particular range of prices over 90 days) . Probability of Danone SA price to stay between € 59.82 and its current price of €64.7 at the end of the 90-day period is about 34.87 .
Assuming the 90 days horizon Danone SA has a beta of -0.22 suggesting as returns on the benchmark increase, returns on holding Danone SA are expected to decrease at a much lower rate. During a bear market, however, Danone SA is likely to outperform the market. Additionally Danone SA has an alpha of 0.0721, implying that it can generate a 0.0721 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Danone SA Price Density |
| Price |
Predictive Modules for Danone SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Danone SA. 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.Danone SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Danone SA is not an exception. The market had few large corrections towards the Danone SA'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 Danone SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Danone SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.08 |
Danone SA 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 Danone SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Danone SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 56.0% of the company shares are held by institutions such as insurance companies |
Danone SA 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 Danone Stock often depends not only on the future outlook of the current and potential Danone SA'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. Danone SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 646.4 M | |
| Cash And Short Term Investments | 5.9 B |
Danone SA Technical Analysis
Danone SA's future price can be derived by breaking down and analyzing its technical indicators over time. Danone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Danone SA. In general, you should focus on analyzing Danone Stock price patterns and their correlations with different microeconomic environments and drivers.
Danone SA Predictive Forecast Models
Danone SA's time-series forecasting models is one of many Danone SA'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 Danone SA'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 Danone SA
Checking the ongoing alerts about Danone SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Danone SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 56.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Danone Stock
Danone SA financial ratios help investors to determine whether Danone 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 Danone with respect to the benefits of owning Danone SA security.