LESLIES INC (Germany) Probability of Future Stock Price Finishing Over 2.5
| LE3 Stock | EUR 2.62 0.10 3.97% |
LESLIES |
LESLIES INC Target Price Odds to finish over 2.5
The tendency of LESLIES 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 above € 2.50 in 90 days |
| 2.62 | 90 days | 2.50 | about 59.87 |
Based on a normal probability distribution, the odds of LESLIES INC to stay above € 2.50 in 90 days from now is about 59.87 (This LESLIES INC DL probability density function shows the probability of LESLIES Stock to fall within a particular range of prices over 90 days) . Probability of LESLIES INC DL price to stay between € 2.50 and its current price of €2.62 at the end of the 90-day period is about 37.2 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.83 . This 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, LESLIES INC will likely underperform. Additionally LESLIES INC DL 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. LESLIES INC Price Density |
| Price |
Predictive Modules for LESLIES INC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LESLIES INC DL. 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.LESLIES INC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LESLIES INC is not an exception. The market had few large corrections towards the LESLIES INC'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 LESLIES INC DL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LESLIES INC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 1.83 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0 |
LESLIES INC 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 LESLIES INC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LESLIES INC DL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LESLIES INC DL had very high historical volatility over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors |
LESLIES INC Technical Analysis
LESLIES INC's future price can be derived by breaking down and analyzing its technical indicators over time. LESLIES Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LESLIES INC DL. In general, you should focus on analyzing LESLIES Stock price patterns and their correlations with different microeconomic environments and drivers.
LESLIES INC Predictive Forecast Models
LESLIES INC's time-series forecasting models is one of many LESLIES INC'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 LESLIES INC'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 LESLIES INC DL
Checking the ongoing alerts about LESLIES INC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LESLIES INC DL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LESLIES INC DL had very high historical volatility over the last 90 days | |
| Over 96.0% of the company shares are owned by institutional investors |
Other Information on Investing in LESLIES Stock
LESLIES INC financial ratios help investors to determine whether LESLIES 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 LESLIES with respect to the benefits of owning LESLIES INC security.