Hampidjan (Iceland) Probability of Future Stock Price Finishing Over 114.83
| HAMP Stock | 109.00 4.50 3.96% |
Hampidjan |
Hampidjan Target Price Odds to finish over 114.83
The tendency of Hampidjan 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 114.83 or more in 90 days |
| 109.00 | 90 days | 114.83 | about 62.05 |
Based on a normal probability distribution, the odds of Hampidjan to move over 114.83 or more in 90 days from now is about 62.05 (This Hampidjan hf probability density function shows the probability of Hampidjan Stock to fall within a particular range of prices over 90 days) . Probability of Hampidjan hf price to stay between its current price of 109.00 and 114.83 at the end of the 90-day period is about 34.33 .
Assuming the 90 days trading horizon Hampidjan hf has a beta of -0.0797. This usually indicates as returns on the benchmark increase, returns on holding Hampidjan are expected to decrease at a much lower rate. During a bear market, however, Hampidjan hf is likely to outperform the market. Additionally Hampidjan hf 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. Hampidjan Price Density |
| Price |
Predictive Modules for Hampidjan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hampidjan 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.Hampidjan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hampidjan is not an exception. The market had few large corrections towards the Hampidjan'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 Hampidjan hf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hampidjan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 3.91 | |
Ir | Information ratio | -0.24 |
Hampidjan 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 Hampidjan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hampidjan 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.| Hampidjan hf generated a negative expected return over the last 90 days | |
| The company has 74.65 Million in debt which may indicate that it relies heavily on debt financing | |
| About 59.0% of the company shares are held by company insiders |
Hampidjan Technical Analysis
Hampidjan's future price can be derived by breaking down and analyzing its technical indicators over time. Hampidjan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hampidjan hf. In general, you should focus on analyzing Hampidjan Stock price patterns and their correlations with different microeconomic environments and drivers.
Hampidjan Predictive Forecast Models
Hampidjan's time-series forecasting models is one of many Hampidjan'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 Hampidjan'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 Hampidjan hf
Checking the ongoing alerts about Hampidjan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hampidjan hf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hampidjan hf generated a negative expected return over the last 90 days | |
| The company has 74.65 Million in debt which may indicate that it relies heavily on debt financing | |
| About 59.0% of the company shares are held by company insiders |
Other Information on Investing in Hampidjan Stock
Hampidjan financial ratios help investors to determine whether Hampidjan 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 Hampidjan with respect to the benefits of owning Hampidjan security.