Evli Pankki (Finland) Probability of Future Stock Price Finishing Over 17.12
EVLI Stock | EUR 17.80 0.10 0.56% |
Evli |
Evli Pankki Target Price Odds to finish over 17.12
The tendency of Evli 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 17.12 in 90 days |
17.80 | 90 days | 17.12 | close to 99 |
Based on a normal probability distribution, the odds of Evli Pankki to stay above 17.12 in 90 days from now is close to 99 (This Evli Pankki Oyj probability density function shows the probability of Evli Stock to fall within a particular range of prices over 90 days) . Probability of Evli Pankki Oyj price to stay between 17.12 and its current price of 17.8 at the end of the 90-day period is about 5.88 .
Assuming the 90 days trading horizon Evli Pankki Oyj has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding Evli Pankki are expected to decrease at a much lower rate. During a bear market, however, Evli Pankki Oyj is likely to outperform the market. Additionally Evli Pankki Oyj 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. Evli Pankki Price Density |
Price |
Predictive Modules for Evli Pankki
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Evli Pankki Oyj. 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.Evli Pankki Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Evli Pankki is not an exception. The market had few large corrections towards the Evli Pankki'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 Evli Pankki Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Evli Pankki within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.15 |
Evli Pankki 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 Evli Pankki for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Evli Pankki Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Evli Pankki Oyj generated a negative expected return over the last 90 days | |
About 41.0% of the company shares are held by company insiders |
Evli Pankki 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 Evli Stock often depends not only on the future outlook of the current and potential Evli Pankki'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. Evli Pankki's indicators that are reflective of the short sentiment are summarized in the table below.
Dividend Yield | 0.0593 | |
Shares Float | 7.8 M |
Evli Pankki Technical Analysis
Evli Pankki's future price can be derived by breaking down and analyzing its technical indicators over time. Evli Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Evli Pankki Oyj. In general, you should focus on analyzing Evli Stock price patterns and their correlations with different microeconomic environments and drivers.
Evli Pankki Predictive Forecast Models
Evli Pankki's time-series forecasting models is one of many Evli Pankki'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 Evli Pankki'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 Evli Pankki Oyj
Checking the ongoing alerts about Evli Pankki for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Evli Pankki Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Evli Pankki Oyj generated a negative expected return over the last 90 days | |
About 41.0% of the company shares are held by company insiders |
Other Information on Investing in Evli Stock
Evli Pankki financial ratios help investors to determine whether Evli 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 Evli with respect to the benefits of owning Evli Pankki security.