Hornbach Holding (Germany) Probability of Future Stock Price Finishing Over 80.80
| HBH Stock | 80.80 0.60 0.74% |
Hornbach |
Hornbach Holding Target Price Odds to finish over 80.80
The tendency of Hornbach 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 above the current price in 90 days |
| 80.80 | 90 days | 80.80 | about 75.52 |
Based on a normal probability distribution, the odds of Hornbach Holding to move above the current price in 90 days from now is about 75.52 (This Hornbach Holding VZO probability density function shows the probability of Hornbach Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hornbach Holding has a beta of 0.17. This usually indicates as returns on the market go up, Hornbach Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hornbach Holding VZO will be expected to be much smaller as well. Additionally Hornbach Holding VZO 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. Hornbach Holding Price Density |
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Predictive Modules for Hornbach Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hornbach Holding VZO. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hornbach Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hornbach Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hornbach Holding is not an exception. The market had few large corrections towards the Hornbach Holding'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 Hornbach Holding VZO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hornbach Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0097 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 2.46 | |
Ir | Information ratio | -0.1 |
Hornbach Holding 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 Hornbach Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hornbach Holding VZO 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 37.0% of the company shares are held by company insiders |
Hornbach Holding 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 Hornbach Stock often depends not only on the future outlook of the current and potential Hornbach Holding'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. Hornbach Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16 M | |
| Cash And Short Term Investments | 332.3 M |
Hornbach Holding Technical Analysis
Hornbach Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Hornbach Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hornbach Holding VZO. In general, you should focus on analyzing Hornbach Stock price patterns and their correlations with different microeconomic environments and drivers.
Hornbach Holding Predictive Forecast Models
Hornbach Holding's time-series forecasting models is one of many Hornbach Holding'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 Hornbach Holding'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 Hornbach Holding VZO
Checking the ongoing alerts about Hornbach Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hornbach Holding VZO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 37.0% of the company shares are held by company insiders |
Additional Tools for Hornbach Stock Analysis
When running Hornbach Holding's price analysis, check to measure Hornbach Holding'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 Hornbach Holding is operating at the current time. Most of Hornbach Holding's value examination focuses on studying past and present price action to predict the probability of Hornbach Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hornbach Holding's price. Additionally, you may evaluate how the addition of Hornbach Holding to your portfolios can decrease your overall portfolio volatility.