MINERAL RES (Germany) Probability of Future Stock Price Finishing Under 20.2
| F5J0 Stock | 20.40 0.40 2.00% |
MINERAL |
MINERAL RES Target Price Odds to finish below 20.2
The tendency of MINERAL 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 drop to 20.20 or more in 90 days |
| 20.40 | 90 days | 20.20 | about 17.89 |
Based on a normal probability distribution, the odds of MINERAL RES to drop to 20.20 or more in 90 days from now is about 17.89 (This MINERAL RES UNSPADR1 probability density function shows the probability of MINERAL Stock to fall within a particular range of prices over 90 days) . Probability of MINERAL RES UNSPADR1 price to stay between 20.20 and its current price of 20.4 at the end of the 90-day period is about 1.31 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.35 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MINERAL RES will likely underperform. Additionally MINERAL RES UNSPADR1 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. MINERAL RES Price Density |
| Price |
Predictive Modules for MINERAL RES
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MINERAL RES UNSPADR1. 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.MINERAL RES Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MINERAL RES is not an exception. The market had few large corrections towards the MINERAL RES'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 MINERAL RES UNSPADR1, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MINERAL RES within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 4.09 | |
Ir | Information ratio | -0.05 |
MINERAL RES 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 MINERAL RES for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MINERAL RES UNSPADR1 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MINERAL RES UNSPADR1 generated a negative expected return over the last 90 days | |
| MINERAL RES UNSPADR1 has high historical volatility and very poor performance |
MINERAL RES Technical Analysis
MINERAL RES's future price can be derived by breaking down and analyzing its technical indicators over time. MINERAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MINERAL RES UNSPADR1. In general, you should focus on analyzing MINERAL Stock price patterns and their correlations with different microeconomic environments and drivers.
MINERAL RES Predictive Forecast Models
MINERAL RES's time-series forecasting models is one of many MINERAL RES'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 MINERAL RES'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 MINERAL RES UNSPADR1
Checking the ongoing alerts about MINERAL RES for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MINERAL RES UNSPADR1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MINERAL RES UNSPADR1 generated a negative expected return over the last 90 days | |
| MINERAL RES UNSPADR1 has high historical volatility and very poor performance |