ELECTROLUX (Germany) Probability of Future Stock Price Finishing Over 12.74
| ELXA Stock | EUR 16.20 0.50 3.18% |
ELECTROLUX |
ELECTROLUX Target Price Odds to finish over 12.74
The tendency of ELECTROLUX 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 € 12.74 in 90 days |
| 16.20 | 90 days | 12.74 | about 99.0 |
Based on a normal probability distribution, the odds of ELECTROLUX to stay above € 12.74 in 90 days from now is about 99.0 (This ELECTROLUX B ADR2 probability density function shows the probability of ELECTROLUX Stock to fall within a particular range of prices over 90 days) . Probability of ELECTROLUX B ADR2 price to stay between € 12.74 and its current price of €16.2 at the end of the 90-day period is about 55.2 .
Assuming the 90 days trading horizon ELECTROLUX has a beta of 0.31 suggesting as returns on the market go up, ELECTROLUX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ELECTROLUX B ADR2 will be expected to be much smaller as well. Additionally ELECTROLUX B ADR2 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. ELECTROLUX Price Density |
| Price |
Predictive Modules for ELECTROLUX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ELECTROLUX B ADR2. 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.ELECTROLUX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ELECTROLUX is not an exception. The market had few large corrections towards the ELECTROLUX'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 ELECTROLUX B ADR2, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ELECTROLUX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | -0.05 |
ELECTROLUX 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 ELECTROLUX Stock often depends not only on the future outlook of the current and potential ELECTROLUX'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. ELECTROLUX's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0655 | |
| Forward Annual Dividend Rate | 1.69 | |
| Shares Float | 109.4 M |
ELECTROLUX Technical Analysis
ELECTROLUX's future price can be derived by breaking down and analyzing its technical indicators over time. ELECTROLUX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ELECTROLUX B ADR2. In general, you should focus on analyzing ELECTROLUX Stock price patterns and their correlations with different microeconomic environments and drivers.
ELECTROLUX Predictive Forecast Models
ELECTROLUX's time-series forecasting models is one of many ELECTROLUX'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 ELECTROLUX'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ELECTROLUX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ELECTROLUX's short interest history, or implied volatility extrapolated from ELECTROLUX options trading.
Other Information on Investing in ELECTROLUX Stock
ELECTROLUX financial ratios help investors to determine whether ELECTROLUX 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 ELECTROLUX with respect to the benefits of owning ELECTROLUX security.