NordTelekom Telecommunicatio (Hungary) Probability of Future Stock Price Finishing Over 12.58
| NORD Stock | 12.40 0.15 1.20% |
NordTelekom |
NordTelekom Telecommunicatio Target Price Odds to finish over 12.58
The tendency of NordTelekom 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 12.58 or more in 90 days |
| 12.40 | 90 days | 12.58 | about 81.55 |
Based on a normal probability distribution, the odds of NordTelekom Telecommunicatio to move over 12.58 or more in 90 days from now is about 81.55 (This NordTelekom Telecommunications Service probability density function shows the probability of NordTelekom Stock to fall within a particular range of prices over 90 days) . Probability of NordTelekom Telecommunicatio price to stay between its current price of 12.40 and 12.58 at the end of the 90-day period is about 7.01 .
Assuming the 90 days trading horizon NordTelekom Telecommunications Service has a beta of -0.61. This indicates as returns on the benchmark increase, returns on holding NordTelekom Telecommunicatio are expected to decrease at a much lower rate. During a bear market, however, NordTelekom Telecommunications Service is likely to outperform the market. Additionally NordTelekom Telecommunications Service has an alpha of 0.1863, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NordTelekom Telecommunicatio Price Density |
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Predictive Modules for NordTelekom Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NordTelekom Telecommunicatio. 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.NordTelekom Telecommunicatio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NordTelekom Telecommunicatio is not an exception. The market had few large corrections towards the NordTelekom Telecommunicatio'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 NordTelekom Telecommunications Service, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NordTelekom Telecommunicatio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.0018 |
NordTelekom Telecommunicatio 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 NordTelekom Telecommunicatio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NordTelekom Telecommunicatio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NordTelekom Telecommunicatio generated a negative expected return over the last 90 days | |
| NordTelekom Telecommunicatio has high historical volatility and very poor performance |
NordTelekom Telecommunicatio Technical Analysis
NordTelekom Telecommunicatio's future price can be derived by breaking down and analyzing its technical indicators over time. NordTelekom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NordTelekom Telecommunications Service. In general, you should focus on analyzing NordTelekom Stock price patterns and their correlations with different microeconomic environments and drivers.
NordTelekom Telecommunicatio Predictive Forecast Models
NordTelekom Telecommunicatio's time-series forecasting models is one of many NordTelekom Telecommunicatio'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 NordTelekom Telecommunicatio'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 NordTelekom Telecommunicatio
Checking the ongoing alerts about NordTelekom Telecommunicatio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NordTelekom Telecommunicatio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NordTelekom Telecommunicatio generated a negative expected return over the last 90 days | |
| NordTelekom Telecommunicatio has high historical volatility and very poor performance |
Additional Tools for NordTelekom Stock Analysis
When running NordTelekom Telecommunicatio's price analysis, check to measure NordTelekom Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NordTelekom Telecommunicatio is operating at the current time. Most of NordTelekom Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of NordTelekom Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NordTelekom Telecommunicatio's price. Additionally, you may evaluate how the addition of NordTelekom Telecommunicatio to your portfolios can decrease your overall portfolio volatility.