HORN PETROLEUM (Germany) Probability of Future Stock Price Finishing Over 0.0618
| H73 Stock | EUR 0.02 0.01 140.00% |
HORN |
HORN PETROLEUM Target Price Odds to finish over 0.0618
The tendency of HORN 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 over € 0.06 or more in 90 days |
| 0.02 | 90 days | 0.06 | near 1 |
Based on a normal probability distribution, the odds of HORN PETROLEUM to move over € 0.06 or more in 90 days from now is near 1 (This HORN PETROLEUM probability density function shows the probability of HORN Stock to fall within a particular range of prices over 90 days) . Probability of HORN PETROLEUM price to stay between its current price of € 0.02 and € 0.06 at the end of the 90-day period is about 44.12 .
Assuming the 90 days trading horizon HORN PETROLEUM has a beta of 0.83. This usually indicates as returns on the market go up, HORN PETROLEUM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HORN PETROLEUM will be expected to be much smaller as well. Additionally HORN PETROLEUM has an alpha of 0.8947, implying that it can generate a 0.89 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HORN PETROLEUM Price Density |
| Price |
Predictive Modules for HORN PETROLEUM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HORN PETROLEUM. 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.HORN PETROLEUM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HORN PETROLEUM is not an exception. The market had few large corrections towards the HORN PETROLEUM'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 HORN PETROLEUM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HORN PETROLEUM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.89 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.05 |
HORN PETROLEUM 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 HORN PETROLEUM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HORN PETROLEUM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HORN PETROLEUM is way too risky over 90 days horizon | |
| HORN PETROLEUM has some characteristics of a very speculative penny stock | |
| HORN PETROLEUM appears to be risky and price may revert if volatility continues | |
| HORN PETROLEUM generates negative cash flow from operations |
HORN PETROLEUM 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 HORN Stock often depends not only on the future outlook of the current and potential HORN PETROLEUM'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. HORN PETROLEUM's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
HORN PETROLEUM Technical Analysis
HORN PETROLEUM's future price can be derived by breaking down and analyzing its technical indicators over time. HORN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HORN PETROLEUM. In general, you should focus on analyzing HORN Stock price patterns and their correlations with different microeconomic environments and drivers.
HORN PETROLEUM Predictive Forecast Models
HORN PETROLEUM's time-series forecasting models is one of many HORN PETROLEUM'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 HORN PETROLEUM'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 HORN PETROLEUM
Checking the ongoing alerts about HORN PETROLEUM for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HORN PETROLEUM help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HORN PETROLEUM is way too risky over 90 days horizon | |
| HORN PETROLEUM has some characteristics of a very speculative penny stock | |
| HORN PETROLEUM appears to be risky and price may revert if volatility continues | |
| HORN PETROLEUM generates negative cash flow from operations |
Additional Tools for HORN Stock Analysis
When running HORN PETROLEUM's price analysis, check to measure HORN PETROLEUM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HORN PETROLEUM is operating at the current time. Most of HORN PETROLEUM's value examination focuses on studying past and present price action to predict the probability of HORN PETROLEUM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HORN PETROLEUM's price. Additionally, you may evaluate how the addition of HORN PETROLEUM to your portfolios can decrease your overall portfolio volatility.