HITACHI CONSTRMACHADR/2 (Germany) Probability of Future Stock Price Finishing Under 41.4
| HCMA Stock | EUR 41.40 0.40 0.98% |
HITACHI |
HITACHI CONSTRMACHADR/2 Target Price Odds to finish below 41.4
The tendency of HITACHI 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 below current price in 90 days |
| 41.40 | 90 days | 41.40 | about 53.81 |
Based on a normal probability distribution, the odds of HITACHI CONSTRMACHADR/2 to move below current price in 90 days from now is about 53.81 (This HITACHI STRMACHADR2 probability density function shows the probability of HITACHI Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon HITACHI CONSTRMACHADR/2 has a beta of 0.21. This usually indicates as returns on the market go up, HITACHI CONSTRMACHADR/2 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HITACHI STRMACHADR2 will be expected to be much smaller as well. Additionally HITACHI STRMACHADR2 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. HITACHI CONSTRMACHADR/2 Price Density |
| Price |
Predictive Modules for HITACHI CONSTRMACHADR/2
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HITACHI CONSTRMACHADR/2. 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.HITACHI CONSTRMACHADR/2 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HITACHI CONSTRMACHADR/2 is not an exception. The market had few large corrections towards the HITACHI CONSTRMACHADR/2'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 HITACHI STRMACHADR2, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HITACHI CONSTRMACHADR/2 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.14 |
HITACHI CONSTRMACHADR/2 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 HITACHI CONSTRMACHADR/2 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HITACHI CONSTRMACHADR/2 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HITACHI CONSTRMACHADR/2 generated a negative expected return over the last 90 days |
HITACHI CONSTRMACHADR/2 Technical Analysis
HITACHI CONSTRMACHADR/2's future price can be derived by breaking down and analyzing its technical indicators over time. HITACHI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HITACHI STRMACHADR2. In general, you should focus on analyzing HITACHI Stock price patterns and their correlations with different microeconomic environments and drivers.
HITACHI CONSTRMACHADR/2 Predictive Forecast Models
HITACHI CONSTRMACHADR/2's time-series forecasting models is one of many HITACHI CONSTRMACHADR/2'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 HITACHI CONSTRMACHADR/2'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 HITACHI CONSTRMACHADR/2
Checking the ongoing alerts about HITACHI CONSTRMACHADR/2 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HITACHI CONSTRMACHADR/2 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HITACHI CONSTRMACHADR/2 generated a negative expected return over the last 90 days |
Other Information on Investing in HITACHI Stock
HITACHI CONSTRMACHADR/2 financial ratios help investors to determine whether HITACHI 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 HITACHI with respect to the benefits of owning HITACHI CONSTRMACHADR/2 security.