Identi Healthcare (Israel) Probability of Future Stock Price Finishing Under 181.49
| IDNT Stock | 144.90 6.90 5.00% |
Identi |
Identi Healthcare Target Price Odds to finish below 181.49
The tendency of Identi 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 181.49 after 90 days |
| 144.90 | 90 days | 181.49 | about 24.77 |
Based on a normal probability distribution, the odds of Identi Healthcare to stay under 181.49 after 90 days from now is about 24.77 (This Identi Healthcare probability density function shows the probability of Identi Stock to fall within a particular range of prices over 90 days) . Probability of Identi Healthcare price to stay between its current price of 144.90 and 181.49 at the end of the 90-day period is about 11.88 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.2 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Identi Healthcare will likely underperform. Additionally Identi Healthcare has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Identi Healthcare Price Density |
| Price |
Predictive Modules for Identi Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Identi Healthcare. 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.Identi Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Identi Healthcare is not an exception. The market had few large corrections towards the Identi Healthcare'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 Identi Healthcare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Identi Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.68 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 81.47 | |
Ir | Information ratio | -0.25 |
Identi Healthcare 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 Identi Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Identi Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Identi Healthcare generated a negative expected return over the last 90 days | |
| Identi Healthcare has high historical volatility and very poor performance | |
| About 71.0% of the company shares are held by company insiders |
Identi Healthcare Technical Analysis
Identi Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Identi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Identi Healthcare. In general, you should focus on analyzing Identi Stock price patterns and their correlations with different microeconomic environments and drivers.
Identi Healthcare Predictive Forecast Models
Identi Healthcare's time-series forecasting models is one of many Identi Healthcare'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 Identi Healthcare'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 Identi Healthcare
Checking the ongoing alerts about Identi Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Identi Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Identi Healthcare generated a negative expected return over the last 90 days | |
| Identi Healthcare has high historical volatility and very poor performance | |
| About 71.0% of the company shares are held by company insiders |
Other Information on Investing in Identi Stock
Identi Healthcare financial ratios help investors to determine whether Identi 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 Identi with respect to the benefits of owning Identi Healthcare security.