HOYA (Germany) Chance of Future Stock Price Finishing Under 131.92
| HYB Stock | EUR 118.70 3.20 2.63% |
HOYA |
HOYA Target Price Odds to finish below 131.92
The tendency of HOYA 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 stay under € 131.92 after 90 days |
| 118.70 | 90 days | 131.92 | about 86.4 |
Based on a normal probability distribution, the odds of HOYA to stay under € 131.92 after 90 days from now is about 86.4 (This HOYA Corporation probability density function shows the probability of HOYA Stock to fall within a particular range of prices over 90 days) . Probability of HOYA price to stay between its current price of € 118.70 and € 131.92 at the end of the 90-day period is about 17.13 .
Assuming the 90 days horizon HOYA has a beta of 0.64. This usually indicates as returns on the market go up, HOYA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HOYA Corporation will be expected to be much smaller as well. Additionally HOYA Corporation has an alpha of 0.7053, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HOYA Price Density |
| Price |
Predictive Modules for HOYA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HOYA. 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.HOYA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HOYA is not an exception. The market had few large corrections towards the HOYA'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 HOYA Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HOYA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 22.18 | |
Ir | Information ratio | 0.1 |
HOYA 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 HOYA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HOYA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HOYA is way too risky over 90 days horizon | |
| HOYA appears to be risky and price may revert if volatility continues | |
| About 56.0% of the company shares are owned by institutional investors |
HOYA 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 HOYA Stock often depends not only on the future outlook of the current and potential HOYA'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. HOYA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 365.1 M |
HOYA Technical Analysis
HOYA's future price can be derived by breaking down and analyzing its technical indicators over time. HOYA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HOYA Corporation. In general, you should focus on analyzing HOYA Stock price patterns and their correlations with different microeconomic environments and drivers.
HOYA Predictive Forecast Models
HOYA's time-series forecasting models is one of many HOYA'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 HOYA'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 HOYA
Checking the ongoing alerts about HOYA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HOYA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HOYA is way too risky over 90 days horizon | |
| HOYA appears to be risky and price may revert if volatility continues | |
| About 56.0% of the company shares are owned by institutional investors |
Other Information on Investing in HOYA Stock
HOYA financial ratios help investors to determine whether HOYA 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 HOYA with respect to the benefits of owning HOYA security.