Festi Hf (Iceland) Odds of Future Stock Price Finishing Under 270.73
| FESTI Stock | ISK 280.00 4.00 1.41% |
Festi |
Festi Hf Target Price Odds to finish below 270.73
The tendency of Festi 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 270.73 or more in 90 days |
| 280.00 | 90 days | 270.73 | about 91.91 |
Based on a normal probability distribution, the odds of Festi Hf to drop to 270.73 or more in 90 days from now is about 91.91 (This Festi hf probability density function shows the probability of Festi Stock to fall within a particular range of prices over 90 days) . Probability of Festi hf price to stay between 270.73 and its current price of 280.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Festi hf has a beta of -0.32. This usually indicates as returns on the benchmark increase, returns on holding Festi Hf are expected to decrease at a much lower rate. During a bear market, however, Festi hf is likely to outperform the market. Additionally Festi hf has an alpha of 0.5158, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Festi Hf Price Density |
| Price |
Predictive Modules for Festi Hf
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Festi hf. 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.Festi Hf Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Festi Hf is not an exception. The market had few large corrections towards the Festi Hf'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 Festi hf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Festi Hf within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 28.97 | |
Ir | Information ratio | 0.21 |
Festi Hf 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 Festi Hf for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Festi hf 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 69.0% of the company shares are owned by institutional investors |
Festi Hf Technical Analysis
Festi Hf's future price can be derived by breaking down and analyzing its technical indicators over time. Festi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Festi hf. In general, you should focus on analyzing Festi Stock price patterns and their correlations with different microeconomic environments and drivers.
Festi Hf Predictive Forecast Models
Festi Hf's time-series forecasting models is one of many Festi Hf'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 Festi Hf'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 Festi hf
Checking the ongoing alerts about Festi Hf for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Festi hf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 69.0% of the company shares are owned by institutional investors |
Other Information on Investing in Festi Stock
Festi Hf financial ratios help investors to determine whether Festi 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 Festi with respect to the benefits of owning Festi Hf security.