Inderes Oyj (Finland) Probability of Future Stock Price Finishing Over 21.84
| INDERES Stock | 20.70 0.20 0.96% |
Inderes |
Inderes Oyj Target Price Odds to finish over 21.84
The tendency of Inderes 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 21.84 or more in 90 days |
| 20.70 | 90 days | 21.84 | near 1 |
Based on a normal probability distribution, the odds of Inderes Oyj to move over 21.84 or more in 90 days from now is near 1 (This Inderes Oyj probability density function shows the probability of Inderes Stock to fall within a particular range of prices over 90 days) . Probability of Inderes Oyj price to stay between its current price of 20.70 and 21.84 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Inderes Oyj has a beta of 0.0073. This usually indicates as returns on the market go up, Inderes Oyj average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Inderes Oyj will be expected to be much smaller as well. Additionally Inderes Oyj has an alpha of 0.1582, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Inderes Oyj Price Density |
| Price |
Predictive Modules for Inderes Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inderes Oyj. 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.Inderes Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Inderes Oyj is not an exception. The market had few large corrections towards the Inderes Oyj'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 Inderes Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Inderes Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | 0.03 |
Inderes Oyj 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 Inderes Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Inderes Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 78.0% of the company shares are held by company insiders |
Inderes Oyj 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 Inderes Stock often depends not only on the future outlook of the current and potential Inderes Oyj'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. Inderes Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 M | |
| Dividends Paid | -1.3 M | |
| Short Long Term Debt | 27.9 K | |
| Forward Annual Dividend Rate | 0.8 |
Inderes Oyj Technical Analysis
Inderes Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Inderes Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Inderes Oyj. In general, you should focus on analyzing Inderes Stock price patterns and their correlations with different microeconomic environments and drivers.
Inderes Oyj Predictive Forecast Models
Inderes Oyj's time-series forecasting models is one of many Inderes Oyj'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 Inderes Oyj'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 Inderes Oyj
Checking the ongoing alerts about Inderes Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Inderes Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 78.0% of the company shares are held by company insiders |
Additional Tools for Inderes Stock Analysis
When running Inderes Oyj's price analysis, check to measure Inderes Oyj'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 Inderes Oyj is operating at the current time. Most of Inderes Oyj's value examination focuses on studying past and present price action to predict the probability of Inderes Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inderes Oyj's price. Additionally, you may evaluate how the addition of Inderes Oyj to your portfolios can decrease your overall portfolio volatility.