Icelandic Salmon (Iceland) Probability of Future Stock Price Finishing Under 1,715
| ISLAX Stock | 1,500 60.00 3.85% |
Icelandic |
Icelandic Salmon Target Price Odds to finish below 1,715
The tendency of Icelandic 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 below current price in 90 days |
| 1,500 | 90 days | 1,500 | about 74.04 |
Based on a normal probability distribution, the odds of Icelandic Salmon to move below current price in 90 days from now is about 74.04 (This Icelandic Salmon AS probability density function shows the probability of Icelandic Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Icelandic Salmon AS has a beta of -0.1. This usually indicates as returns on the benchmark increase, returns on holding Icelandic Salmon are expected to decrease at a much lower rate. During a bear market, however, Icelandic Salmon AS is likely to outperform the market. Additionally Icelandic Salmon AS has an alpha of 0.1097, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Icelandic Salmon Price Density |
| Price |
Predictive Modules for Icelandic Salmon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Icelandic Salmon. 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 Icelandic Salmon'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.
Icelandic Salmon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Icelandic Salmon is not an exception. The market had few large corrections towards the Icelandic Salmon'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 Icelandic Salmon AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Icelandic Salmon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 65.38 | |
Ir | Information ratio | -0.02 |
Icelandic Salmon Technical Analysis
Icelandic Salmon's future price can be derived by breaking down and analyzing its technical indicators over time. Icelandic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Icelandic Salmon AS. In general, you should focus on analyzing Icelandic Stock price patterns and their correlations with different microeconomic environments and drivers.
Icelandic Salmon Predictive Forecast Models
Icelandic Salmon's time-series forecasting models is one of many Icelandic Salmon'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 Icelandic Salmon'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Icelandic Salmon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Icelandic Salmon's short interest history, or implied volatility extrapolated from Icelandic Salmon options trading.