NEO PERFORMMAT (Germany) Probability of Future Stock Price Finishing Under 5.13
| N14 Stock | EUR 5.28 0.15 2.92% |
NEO |
NEO PERFORMMAT Target Price Odds to finish below 5.13
The tendency of NEO 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 € 5.13 or more in 90 days |
| 5.28 | 90 days | 5.13 | about 34.1 |
Based on a normal probability distribution, the odds of NEO PERFORMMAT to drop to € 5.13 or more in 90 days from now is about 34.1 (This NEO PERFORMMAT probability density function shows the probability of NEO Stock to fall within a particular range of prices over 90 days) . Probability of NEO PERFORMMAT price to stay between € 5.13 and its current price of €5.28 at the end of the 90-day period is about 38.11 .
Assuming the 90 days horizon NEO PERFORMMAT has a beta of -0.54. This indicates as returns on the benchmark increase, returns on holding NEO PERFORMMAT are expected to decrease at a much lower rate. During a bear market, however, NEO PERFORMMAT is likely to outperform the market. Additionally NEO PERFORMMAT has an alpha of 0.0827, implying that it can generate a 0.0827 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NEO PERFORMMAT Price Density |
| Price |
Predictive Modules for NEO PERFORMMAT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEO PERFORMMAT. 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.NEO PERFORMMAT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NEO PERFORMMAT is not an exception. The market had few large corrections towards the NEO PERFORMMAT'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 NEO PERFORMMAT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NEO PERFORMMAT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.02 |
NEO PERFORMMAT 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 NEO PERFORMMAT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NEO PERFORMMAT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NEO PERFORMMAT generated a negative expected return over the last 90 days | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
NEO PERFORMMAT Technical Analysis
NEO PERFORMMAT's future price can be derived by breaking down and analyzing its technical indicators over time. NEO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NEO PERFORMMAT. In general, you should focus on analyzing NEO Stock price patterns and their correlations with different microeconomic environments and drivers.
NEO PERFORMMAT Predictive Forecast Models
NEO PERFORMMAT's time-series forecasting models is one of many NEO PERFORMMAT'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 NEO PERFORMMAT'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 NEO PERFORMMAT
Checking the ongoing alerts about NEO PERFORMMAT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NEO PERFORMMAT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NEO PERFORMMAT generated a negative expected return over the last 90 days | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in NEO Stock
NEO PERFORMMAT financial ratios help investors to determine whether NEO 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 NEO with respect to the benefits of owning NEO PERFORMMAT security.