Philippos Nakas (Greece) Probability of Future Stock Price Finishing Over 9.56
| NAKAS Stock | EUR 3.00 0.08 2.74% |
Philippos |
Philippos Nakas Target Price Odds to finish over 9.56
The tendency of Philippos 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 over € 9.56 or more in 90 days |
| 3.00 | 90 days | 9.56 | close to zero percent |
Based on a normal probability distribution, the odds of Philippos Nakas to move over € 9.56 or more in 90 days from now is close to zero percent (This Philippos Nakas SA probability density function shows the probability of Philippos Stock to fall within a particular range of prices over 90 days) . Probability of Philippos Nakas SA price to stay between its current price of € 3.00 and € 9.56 at the end of the 90-day period is about 23.35 .
Assuming the 90 days trading horizon Philippos Nakas SA has a beta of -0.47. This indicates as returns on the benchmark increase, returns on holding Philippos Nakas are expected to decrease at a much lower rate. During a bear market, however, Philippos Nakas SA is likely to outperform the market. Additionally Philippos Nakas SA has an alpha of 0.1438, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Philippos Nakas Price Density |
| Price |
Predictive Modules for Philippos Nakas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Philippos Nakas 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Philippos Nakas' 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.
Philippos Nakas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Philippos Nakas is not an exception. The market had few large corrections towards the Philippos Nakas' 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 Philippos Nakas SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Philippos Nakas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.0037 |
Philippos Nakas 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 Philippos Nakas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Philippos Nakas 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.| About 75.0% of the company outstanding shares are owned by corporate insiders |
Philippos Nakas 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 Philippos Stock often depends not only on the future outlook of the current and potential Philippos Nakas' 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. Philippos Nakas' indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 1.1 M | |
| Forward Annual Dividend Rate | 0.08 | |
| Shares Float | 1.4 M |
Philippos Nakas Technical Analysis
Philippos Nakas' future price can be derived by breaking down and analyzing its technical indicators over time. Philippos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Philippos Nakas SA. In general, you should focus on analyzing Philippos Stock price patterns and their correlations with different microeconomic environments and drivers.
Philippos Nakas Predictive Forecast Models
Philippos Nakas' time-series forecasting models is one of many Philippos Nakas' 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 Philippos Nakas' 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 Philippos Nakas SA
Checking the ongoing alerts about Philippos Nakas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Philippos Nakas SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 75.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Philippos Stock
Philippos Nakas financial ratios help investors to determine whether Philippos 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 Philippos with respect to the benefits of owning Philippos Nakas security.