Romcab SA (Romania) Probability of Future Stock Price Finishing Over 0.02
| MCAB Stock | 0.02 0 5.26% |
Romcab |
Romcab SA Target Price Odds to finish over 0.02
The tendency of Romcab 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 above the current price in 90 days |
| 0.02 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Romcab SA to move above the current price in 90 days from now is close to 99 (This Romcab SA probability density function shows the probability of Romcab Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Romcab SA has a beta of 0.74. This indicates as returns on the market go up, Romcab SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Romcab SA will be expected to be much smaller as well. Additionally Romcab SA 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. Romcab SA Price Density |
| Price |
Predictive Modules for Romcab SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Romcab SA. 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.Romcab SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Romcab SA is not an exception. The market had few large corrections towards the Romcab SA'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 Romcab SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Romcab SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.66 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.15 |
Romcab SA 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 Romcab SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Romcab SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Romcab SA generated a negative expected return over the last 90 days | |
| Romcab SA has some characteristics of a very speculative penny stock | |
| Romcab SA has high historical volatility and very poor performance |
Romcab SA Technical Analysis
Romcab SA's future price can be derived by breaking down and analyzing its technical indicators over time. Romcab Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Romcab SA. In general, you should focus on analyzing Romcab Stock price patterns and their correlations with different microeconomic environments and drivers.
Romcab SA Predictive Forecast Models
Romcab SA's time-series forecasting models is one of many Romcab SA'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 Romcab SA'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 Romcab SA
Checking the ongoing alerts about Romcab SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Romcab SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Romcab SA generated a negative expected return over the last 90 days | |
| Romcab SA has some characteristics of a very speculative penny stock | |
| Romcab SA has high historical volatility and very poor performance |
Other Information on Investing in Romcab Stock
Romcab SA financial ratios help investors to determine whether Romcab 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 Romcab with respect to the benefits of owning Romcab SA security.