COMMONWBK AUSTRSPADRS (Germany) Probability of Future Stock Price Finishing Under 97.61
| CWW0 Stock | EUR 96.50 0.50 0.52% |
COMMONWBK |
COMMONWBK AUSTRSPADRS Target Price Odds to finish below 97.61
The tendency of COMMONWBK 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 under € 97.61 after 90 days |
| 96.50 | 90 days | 97.61 | close to 99 |
Based on a normal probability distribution, the odds of COMMONWBK AUSTRSPADRS to stay under € 97.61 after 90 days from now is close to 99 (This COMMONWBK AUSTRSPADRS probability density function shows the probability of COMMONWBK Stock to fall within a particular range of prices over 90 days) . Probability of COMMONWBK AUSTRSPADRS price to stay between its current price of € 96.50 and € 97.61 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon COMMONWBK AUSTRSPADRS has a beta of 0.8 suggesting as returns on the market go up, COMMONWBK AUSTRSPADRS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding COMMONWBK AUSTRSPADRS will be expected to be much smaller as well. Additionally COMMONWBK AUSTRSPADRS has an alpha of 0.108, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). COMMONWBK AUSTRSPADRS Price Density |
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Predictive Modules for COMMONWBK AUSTRSPADRS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COMMONWBK AUSTRSPADRS. 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.COMMONWBK AUSTRSPADRS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COMMONWBK AUSTRSPADRS is not an exception. The market had few large corrections towards the COMMONWBK AUSTRSPADRS'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 COMMONWBK AUSTRSPADRS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COMMONWBK AUSTRSPADRS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.80 | |
σ | Overall volatility | 4.55 | |
Ir | Information ratio | 0.06 |
COMMONWBK AUSTRSPADRS 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 COMMONWBK AUSTRSPADRS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COMMONWBK AUSTRSPADRS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| COMMONWBK AUSTRSPADRS has accumulated about 158.1 B in cash with (19.88 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 89.2. |
COMMONWBK AUSTRSPADRS 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 COMMONWBK Stock often depends not only on the future outlook of the current and potential COMMONWBK AUSTRSPADRS'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. COMMONWBK AUSTRSPADRS's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0398 | |
| Forward Annual Dividend Rate | 2.81 | |
| Shares Float | 1.7 B |
COMMONWBK AUSTRSPADRS Technical Analysis
COMMONWBK AUSTRSPADRS's future price can be derived by breaking down and analyzing its technical indicators over time. COMMONWBK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COMMONWBK AUSTRSPADRS. In general, you should focus on analyzing COMMONWBK Stock price patterns and their correlations with different microeconomic environments and drivers.
COMMONWBK AUSTRSPADRS Predictive Forecast Models
COMMONWBK AUSTRSPADRS's time-series forecasting models is one of many COMMONWBK AUSTRSPADRS'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 COMMONWBK AUSTRSPADRS'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 COMMONWBK AUSTRSPADRS
Checking the ongoing alerts about COMMONWBK AUSTRSPADRS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COMMONWBK AUSTRSPADRS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COMMONWBK AUSTRSPADRS has accumulated about 158.1 B in cash with (19.88 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 89.2. |
Other Information on Investing in COMMONWBK Stock
COMMONWBK AUSTRSPADRS financial ratios help investors to determine whether COMMONWBK 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 COMMONWBK with respect to the benefits of owning COMMONWBK AUSTRSPADRS security.