SALESFORCE INC (Germany) Probability of Future Stock Price Finishing Under 15.13
| FOO0 Stock | 17.20 0.20 1.15% |
SALESFORCE |
SALESFORCE INC Target Price Odds to finish below 15.13
The tendency of SALESFORCE 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 15.13 or more in 90 days |
| 17.20 | 90 days | 15.13 | about 59.93 |
Based on a normal probability distribution, the odds of SALESFORCE INC to drop to 15.13 or more in 90 days from now is about 59.93 (This SALESFORCE INC CDR probability density function shows the probability of SALESFORCE Stock to fall within a particular range of prices over 90 days) . Probability of SALESFORCE INC CDR price to stay between 15.13 and its current price of 17.2 at the end of the 90-day period is about 35.68 .
Assuming the 90 days trading horizon SALESFORCE INC has a beta of 0.38. This usually indicates as returns on the market go up, SALESFORCE INC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SALESFORCE INC CDR will be expected to be much smaller as well. Additionally SALESFORCE INC CDR has an alpha of 0.3211, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SALESFORCE INC Price Density |
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Predictive Modules for SALESFORCE INC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SALESFORCE INC CDR. 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.SALESFORCE INC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SALESFORCE INC is not an exception. The market had few large corrections towards the SALESFORCE INC'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 SALESFORCE INC CDR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SALESFORCE INC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 1.41 | |
Ir | Information ratio | 0.12 |
SALESFORCE INC Technical Analysis
SALESFORCE INC's future price can be derived by breaking down and analyzing its technical indicators over time. SALESFORCE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SALESFORCE INC CDR. In general, you should focus on analyzing SALESFORCE Stock price patterns and their correlations with different microeconomic environments and drivers.
SALESFORCE INC Predictive Forecast Models
SALESFORCE INC's time-series forecasting models is one of many SALESFORCE INC'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 SALESFORCE INC'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SALESFORCE INC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SALESFORCE INC's short interest history, or implied volatility extrapolated from SALESFORCE INC options trading.
Other Information on Investing in SALESFORCE Stock
SALESFORCE INC financial ratios help investors to determine whether SALESFORCE 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 SALESFORCE with respect to the benefits of owning SALESFORCE INC security.