Thessaloniki Port (Greece) Probability of Future Stock Price Finishing Under 21.04
| OLTH Stock | EUR 20.90 0.10 0.48% |
Thessaloniki |
Thessaloniki Port Target Price Odds to finish below 21.04
The tendency of Thessaloniki 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 stay under € 21.04 after 90 days |
| 20.90 | 90 days | 21.04 | about 58.19 |
Based on a normal probability distribution, the odds of Thessaloniki Port to stay under € 21.04 after 90 days from now is about 58.19 (This Thessaloniki Port Authority probability density function shows the probability of Thessaloniki Stock to fall within a particular range of prices over 90 days) . Probability of Thessaloniki Port price to stay between its current price of € 20.90 and € 21.04 at the end of the 90-day period is about 15.41 .
Assuming the 90 days trading horizon Thessaloniki Port Authority has a beta of -0.1. This indicates as returns on the benchmark increase, returns on holding Thessaloniki Port are expected to decrease at a much lower rate. During a bear market, however, Thessaloniki Port Authority is likely to outperform the market. Additionally Thessaloniki Port Authority has an alpha of 0.039, implying that it can generate a 0.039 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thessaloniki Port Price Density |
| Price |
Predictive Modules for Thessaloniki Port
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thessaloniki Port. 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.Thessaloniki Port Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thessaloniki Port is not an exception. The market had few large corrections towards the Thessaloniki Port'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 Thessaloniki Port Authority, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thessaloniki Port within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.08 |
Thessaloniki Port 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 Thessaloniki Port for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thessaloniki Port 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 79.0% of the company outstanding shares are owned by corporate insiders |
Thessaloniki Port 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 Thessaloniki Stock often depends not only on the future outlook of the current and potential Thessaloniki Port'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. Thessaloniki Port's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.1 M | |
| Dividends Paid | 14.3 M |
Thessaloniki Port Technical Analysis
Thessaloniki Port's future price can be derived by breaking down and analyzing its technical indicators over time. Thessaloniki Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thessaloniki Port Authority. In general, you should focus on analyzing Thessaloniki Stock price patterns and their correlations with different microeconomic environments and drivers.
Thessaloniki Port Predictive Forecast Models
Thessaloniki Port's time-series forecasting models is one of many Thessaloniki Port'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 Thessaloniki Port'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 Thessaloniki Port
Checking the ongoing alerts about Thessaloniki Port for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thessaloniki Port help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 79.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Thessaloniki Stock Analysis
When running Thessaloniki Port's price analysis, check to measure Thessaloniki Port'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 Thessaloniki Port is operating at the current time. Most of Thessaloniki Port's value examination focuses on studying past and present price action to predict the probability of Thessaloniki Port's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thessaloniki Port's price. Additionally, you may evaluate how the addition of Thessaloniki Port to your portfolios can decrease your overall portfolio volatility.