Signify NV (Netherlands) Probability of Future Stock Price Finishing Under 18.85
| LIGHT Stock | EUR 21.18 0.18 0.86% |
Signify |
Signify NV Target Price Odds to finish below 18.85
The tendency of Signify 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 drop to € 18.85 or more in 90 days |
| 21.18 | 90 days | 18.85 | near 1 |
Based on a normal probability distribution, the odds of Signify NV to drop to € 18.85 or more in 90 days from now is near 1 (This Signify NV probability density function shows the probability of Signify Stock to fall within a particular range of prices over 90 days) . Probability of Signify NV price to stay between € 18.85 and its current price of €21.18 at the end of the 90-day period is about 25.75 .
Assuming the 90 days trading horizon Signify NV has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding Signify NV are expected to decrease at a much lower rate. During a bear market, however, Signify NV is likely to outperform the market. Additionally Signify NV 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. Signify NV Price Density |
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Predictive Modules for Signify NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Signify NV. 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 Signify NV'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.
Signify NV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Signify NV is not an exception. The market had few large corrections towards the Signify NV'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 Signify NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Signify NV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | -0.09 |
Signify NV 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 Signify NV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Signify NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Signify NV generated a negative expected return over the last 90 days | |
| Signify NV has accumulated €1.49 Billion in debt which can lead to volatile earnings | |
| Over 75.0% of the company shares are owned by institutional investors |
Signify NV 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 Signify Stock often depends not only on the future outlook of the current and potential Signify NV'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. Signify NV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 124.9 M |
Signify NV Technical Analysis
Signify NV's future price can be derived by breaking down and analyzing its technical indicators over time. Signify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Signify NV. In general, you should focus on analyzing Signify Stock price patterns and their correlations with different microeconomic environments and drivers.
Signify NV Predictive Forecast Models
Signify NV's time-series forecasting models is one of many Signify NV'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 Signify NV'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 Signify NV
Checking the ongoing alerts about Signify NV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Signify NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Signify NV generated a negative expected return over the last 90 days | |
| Signify NV has accumulated €1.49 Billion in debt which can lead to volatile earnings | |
| Over 75.0% of the company shares are owned by institutional investors |
Other Information on Investing in Signify Stock
Signify NV financial ratios help investors to determine whether Signify 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 Signify with respect to the benefits of owning Signify NV security.