Athens Water (Greece) Probability of Future Stock Price Finishing Over 5.78
| EYDAP Stock | EUR 5.78 0.03 0.52% |
Athens |
Athens Water Target Price Odds to finish over 5.78
The tendency of Athens 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 move above the current price in 90 days |
| 5.78 | 90 days | 5.78 | about 10.88 |
Based on a normal probability distribution, the odds of Athens Water to move above the current price in 90 days from now is about 10.88 (This Athens Water Supply probability density function shows the probability of Athens Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Athens Water Supply has a beta of -0.0482 suggesting as returns on the benchmark increase, returns on holding Athens Water are expected to decrease at a much lower rate. During a bear market, however, Athens Water Supply is likely to outperform the market. Additionally Athens Water Supply has an alpha of 0.0259, implying that it can generate a 0.0259 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Athens Water Price Density |
| Price |
Predictive Modules for Athens Water
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Athens Water Supply. 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.Athens Water Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Athens Water is not an exception. The market had few large corrections towards the Athens Water'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 Athens Water Supply, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Athens Water within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.12 |
Athens Water 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 Athens Water for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Athens Water Supply 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 61.0% of the company shares are held by company insiders |
Athens Water 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 Athens Stock often depends not only on the future outlook of the current and potential Athens Water'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. Athens Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106.5 M | |
| Cash And Short Term Investments | 431.7 M |
Athens Water Technical Analysis
Athens Water's future price can be derived by breaking down and analyzing its technical indicators over time. Athens Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Athens Water Supply. In general, you should focus on analyzing Athens Stock price patterns and their correlations with different microeconomic environments and drivers.
Athens Water Predictive Forecast Models
Athens Water's time-series forecasting models is one of many Athens Water'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 Athens Water'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 Athens Water Supply
Checking the ongoing alerts about Athens Water for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Athens Water Supply help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 61.0% of the company shares are held by company insiders |
Other Information on Investing in Athens Stock
Athens Water financial ratios help investors to determine whether Athens 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 Athens with respect to the benefits of owning Athens Water security.