HKFoods Oyj (Finland) Probability of Future Stock Price Finishing Under 0.61
| HKFOODS Stock | 0.83 0.03 3.75% |
HKFoods |
HKFoods Oyj Target Price Odds to finish below 0.61
The tendency of HKFoods 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 0.61 or more in 90 days |
| 0.83 | 90 days | 0.61 | about 13.02 |
Based on a normal probability distribution, the odds of HKFoods Oyj to drop to 0.61 or more in 90 days from now is about 13.02 (This HKFoods Oyj A probability density function shows the probability of HKFoods Stock to fall within a particular range of prices over 90 days) . Probability of HKFoods Oyj A price to stay between 0.61 and its current price of 0.83 at the end of the 90-day period is about 73.83 .
Assuming the 90 days trading horizon HKFoods Oyj A has a beta of -0.29. This usually indicates as returns on the benchmark increase, returns on holding HKFoods Oyj are expected to decrease at a much lower rate. During a bear market, however, HKFoods Oyj A is likely to outperform the market. Additionally HKFoods Oyj A has an alpha of 0.5252, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HKFoods Oyj Price Density |
| Price |
Predictive Modules for HKFoods Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HKFoods Oyj A. 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.HKFoods Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HKFoods Oyj is not an exception. The market had few large corrections towards the HKFoods Oyj'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 HKFoods Oyj A, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HKFoods Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | 0.10 |
HKFoods Oyj 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 HKFoods Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HKFoods Oyj A can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HKFoods Oyj A has some characteristics of a very speculative penny stock | |
| HKFoods Oyj A appears to be risky and price may revert if volatility continues |
HKFoods Oyj Technical Analysis
HKFoods Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. HKFoods Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HKFoods Oyj A. In general, you should focus on analyzing HKFoods Stock price patterns and their correlations with different microeconomic environments and drivers.
HKFoods Oyj Predictive Forecast Models
HKFoods Oyj's time-series forecasting models is one of many HKFoods Oyj'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 HKFoods Oyj'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 HKFoods Oyj A
Checking the ongoing alerts about HKFoods Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HKFoods Oyj A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HKFoods Oyj A has some characteristics of a very speculative penny stock | |
| HKFoods Oyj A appears to be risky and price may revert if volatility continues |
Additional Tools for HKFoods Stock Analysis
When running HKFoods Oyj's price analysis, check to measure HKFoods Oyj'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 HKFoods Oyj is operating at the current time. Most of HKFoods Oyj's value examination focuses on studying past and present price action to predict the probability of HKFoods Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HKFoods Oyj's price. Additionally, you may evaluate how the addition of HKFoods Oyj to your portfolios can decrease your overall portfolio volatility.