Hrvatska Postanska (Croatia) Probability of Future Stock Price Finishing Under 267.21
| HPB Stock | 334.00 6.00 1.76% |
Hrvatska |
Hrvatska Postanska Target Price Odds to finish below 267.21
The tendency of Hrvatska 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 267.21 or more in 90 days |
| 334.00 | 90 days | 267.21 | about 45.14 |
Based on a normal probability distribution, the odds of Hrvatska Postanska to drop to 267.21 or more in 90 days from now is about 45.14 (This Hrvatska Postanska Banka probability density function shows the probability of Hrvatska Stock to fall within a particular range of prices over 90 days) . Probability of Hrvatska Postanska Banka price to stay between 267.21 and its current price of 334.0 at the end of the 90-day period is about 51.22 .
Assuming the 90 days trading horizon Hrvatska Postanska Banka has a beta of -0.16. This usually indicates as returns on the benchmark increase, returns on holding Hrvatska Postanska are expected to decrease at a much lower rate. During a bear market, however, Hrvatska Postanska Banka is likely to outperform the market. Additionally Hrvatska Postanska Banka has an alpha of 0.5704, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hrvatska Postanska Price Density |
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Predictive Modules for Hrvatska Postanska
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hrvatska Postanska Banka. 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.Hrvatska Postanska Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hrvatska Postanska is not an exception. The market had few large corrections towards the Hrvatska Postanska'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 Hrvatska Postanska Banka, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hrvatska Postanska within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 34.62 | |
Ir | Information ratio | 0.21 |
Hrvatska Postanska Technical Analysis
Hrvatska Postanska's future price can be derived by breaking down and analyzing its technical indicators over time. Hrvatska Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hrvatska Postanska Banka. In general, you should focus on analyzing Hrvatska Stock price patterns and their correlations with different microeconomic environments and drivers.
Hrvatska Postanska Predictive Forecast Models
Hrvatska Postanska's time-series forecasting models is one of many Hrvatska Postanska'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 Hrvatska Postanska'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hrvatska Postanska in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hrvatska Postanska's short interest history, or implied volatility extrapolated from Hrvatska Postanska options trading.
Other Information on Investing in Hrvatska Stock
Hrvatska Postanska financial ratios help investors to determine whether Hrvatska 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 Hrvatska with respect to the benefits of owning Hrvatska Postanska security.