HomeToGo (Germany) Odds of Future Stock Price Finishing Under 0.10
| HTG Stock | 2.10 0.01 0.48% |
HomeToGo |
HomeToGo Target Price Odds to finish below 0.10
The tendency of HomeToGo 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 0.10 or more in 90 days |
| 2.10 | 90 days | 0.10 | near 1 |
Based on a normal probability distribution, the odds of HomeToGo to drop to 0.10 or more in 90 days from now is near 1 (This HomeToGo SE probability density function shows the probability of HomeToGo Stock to fall within a particular range of prices over 90 days) . Probability of HomeToGo SE price to stay between 0.10 and its current price of 2.1 at the end of the 90-day period is about 66.86 .
Assuming the 90 days trading horizon HomeToGo SE has a beta of -0.052. This usually indicates as returns on the benchmark increase, returns on holding HomeToGo are expected to decrease at a much lower rate. During a bear market, however, HomeToGo SE is likely to outperform the market. Additionally HomeToGo SE has an alpha of 0.2007, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HomeToGo Price Density |
| Price |
Predictive Modules for HomeToGo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HomeToGo SE. 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 HomeToGo'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.
HomeToGo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HomeToGo is not an exception. The market had few large corrections towards the HomeToGo'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 HomeToGo SE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HomeToGo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.03 |
HomeToGo 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 HomeToGo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HomeToGo SE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 94.84 M. Net Loss for the year was (166.79 M) with profit before overhead, payroll, taxes, and interest of 90.5 M. | |
| HomeToGo generates negative cash flow from operations | |
| About 34.0% of the company shares are held by company insiders |
HomeToGo 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 HomeToGo Stock often depends not only on the future outlook of the current and potential HomeToGo'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. HomeToGo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 112.3 M | |
| Cash And Short Term Investments | 252.9 M |
HomeToGo Technical Analysis
HomeToGo's future price can be derived by breaking down and analyzing its technical indicators over time. HomeToGo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HomeToGo SE. In general, you should focus on analyzing HomeToGo Stock price patterns and their correlations with different microeconomic environments and drivers.
HomeToGo Predictive Forecast Models
HomeToGo's time-series forecasting models is one of many HomeToGo'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 HomeToGo'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 HomeToGo SE
Checking the ongoing alerts about HomeToGo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HomeToGo SE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 94.84 M. Net Loss for the year was (166.79 M) with profit before overhead, payroll, taxes, and interest of 90.5 M. | |
| HomeToGo generates negative cash flow from operations | |
| About 34.0% of the company shares are held by company insiders |
Additional Tools for HomeToGo Stock Analysis
When running HomeToGo's price analysis, check to measure HomeToGo'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 HomeToGo is operating at the current time. Most of HomeToGo's value examination focuses on studying past and present price action to predict the probability of HomeToGo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeToGo's price. Additionally, you may evaluate how the addition of HomeToGo to your portfolios can decrease your overall portfolio volatility.