Asturiana (Spain) Probability of Future Stock Price Finishing Over 0.0956
| ELZ Stock | EUR 0.1 0.00 0.00% |
Asturiana |
Asturiana Target Price Odds to finish over 0.0956
The tendency of Asturiana 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 € 0.1 in 90 days |
| 0.1 | 90 days | 0.1 | about 67.06 |
Based on a normal probability distribution, the odds of Asturiana to stay above € 0.1 in 90 days from now is about 67.06 (This Asturiana de Laminados probability density function shows the probability of Asturiana Stock to fall within a particular range of prices over 90 days) . Probability of Asturiana de Laminados price to stay between € 0.1 and its current price of €0.0958 at the end of the 90-day period is about 1.24 .
Assuming the 90 days trading horizon Asturiana has a beta of 0.26 suggesting as returns on the market go up, Asturiana average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asturiana de Laminados will be expected to be much smaller as well. Additionally Asturiana de Laminados 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. Asturiana Price Density |
| Price |
Predictive Modules for Asturiana
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asturiana de Laminados. 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.Asturiana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asturiana is not an exception. The market had few large corrections towards the Asturiana'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 Asturiana de Laminados, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asturiana within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.08 |
Asturiana 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 Asturiana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asturiana de Laminados can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asturiana generated a negative expected return over the last 90 days | |
| Asturiana has some characteristics of a very speculative penny stock | |
| Asturiana has high historical volatility and very poor performance | |
| Asturiana has high likelihood to experience some financial distress in the next 2 years | |
| Asturiana de Laminados has accumulated 47.41 M in total debt with debt to equity ratio (D/E) of 1.21, which is about average as compared to similar companies. Asturiana de Laminados has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Asturiana until it has trouble settling it off, either with new capital or with free cash flow. So, Asturiana's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asturiana de Laminados sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asturiana to invest in growth at high rates of return. When we think about Asturiana's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 74.39 M. Net Loss for the year was (1.58 M) with profit before overhead, payroll, taxes, and interest of 14.14 M. | |
| Asturiana de Laminados has accumulated about 8.56 M in cash with (4.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 99.0% of Asturiana shares are held by company insiders |
Asturiana Technical Analysis
Asturiana's future price can be derived by breaking down and analyzing its technical indicators over time. Asturiana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asturiana de Laminados. In general, you should focus on analyzing Asturiana Stock price patterns and their correlations with different microeconomic environments and drivers.
Asturiana Predictive Forecast Models
Asturiana's time-series forecasting models is one of many Asturiana'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 Asturiana'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 Asturiana de Laminados
Checking the ongoing alerts about Asturiana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asturiana de Laminados help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asturiana generated a negative expected return over the last 90 days | |
| Asturiana has some characteristics of a very speculative penny stock | |
| Asturiana has high historical volatility and very poor performance | |
| Asturiana has high likelihood to experience some financial distress in the next 2 years | |
| Asturiana de Laminados has accumulated 47.41 M in total debt with debt to equity ratio (D/E) of 1.21, which is about average as compared to similar companies. Asturiana de Laminados has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Asturiana until it has trouble settling it off, either with new capital or with free cash flow. So, Asturiana's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Asturiana de Laminados sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Asturiana to invest in growth at high rates of return. When we think about Asturiana's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 74.39 M. Net Loss for the year was (1.58 M) with profit before overhead, payroll, taxes, and interest of 14.14 M. | |
| Asturiana de Laminados has accumulated about 8.56 M in cash with (4.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 99.0% of Asturiana shares are held by company insiders |
Other Information on Investing in Asturiana Stock
Asturiana financial ratios help investors to determine whether Asturiana 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 Asturiana with respect to the benefits of owning Asturiana security.