IND+COMMBK CHINA (Germany) Probability of Future Stock Price Finishing Over 12.1
| ICKB Stock | EUR 11.00 0.10 0.92% |
IND+COMMBK |
IND+COMMBK CHINA Target Price Odds to finish over 12.1
The tendency of IND+COMMBK 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 over € 12.10 or more in 90 days |
| 11.00 | 90 days | 12.10 | near 1 |
Based on a normal probability distribution, the odds of IND+COMMBK CHINA to move over € 12.10 or more in 90 days from now is near 1 (This INDCOMMBK CHINA ADR20 probability density function shows the probability of IND+COMMBK Stock to fall within a particular range of prices over 90 days) . Probability of INDCOMMBK CHINA ADR20 price to stay between its current price of € 11.00 and € 12.10 at the end of the 90-day period is about 24.03 .
Assuming the 90 days trading horizon INDCOMMBK CHINA ADR20 has a beta of -0.34. This usually indicates as returns on the benchmark increase, returns on holding IND+COMMBK CHINA are expected to decrease at a much lower rate. During a bear market, however, INDCOMMBK CHINA ADR20 is likely to outperform the market. Additionally INDCOMMBK CHINA ADR20 has an alpha of 0.1209, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IND+COMMBK CHINA Price Density |
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Predictive Modules for IND+COMMBK CHINA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INDCOMMBK CHINA ADR20. 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.IND+COMMBK CHINA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IND+COMMBK CHINA is not an exception. The market had few large corrections towards the IND+COMMBK CHINA'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 INDCOMMBK CHINA ADR20, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IND+COMMBK CHINA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | -0.02 |
IND+COMMBK CHINA 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 IND+COMMBK CHINA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for INDCOMMBK CHINA ADR20 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| INDCOMMBK CHINA ADR20 has accumulated about 4.37 T in cash with (1.57 T) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 244.99, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
IND+COMMBK CHINA Technical Analysis
IND+COMMBK CHINA's future price can be derived by breaking down and analyzing its technical indicators over time. IND+COMMBK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of INDCOMMBK CHINA ADR20. In general, you should focus on analyzing IND+COMMBK Stock price patterns and their correlations with different microeconomic environments and drivers.
IND+COMMBK CHINA Predictive Forecast Models
IND+COMMBK CHINA's time-series forecasting models is one of many IND+COMMBK CHINA'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 IND+COMMBK CHINA'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 INDCOMMBK CHINA ADR20
Checking the ongoing alerts about IND+COMMBK CHINA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for INDCOMMBK CHINA ADR20 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| INDCOMMBK CHINA ADR20 has accumulated about 4.37 T in cash with (1.57 T) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 244.99, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in IND+COMMBK Stock
IND+COMMBK CHINA financial ratios help investors to determine whether IND+COMMBK 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 IND+COMMBK with respect to the benefits of owning IND+COMMBK CHINA security.