Greek Organization (Greece) Probability of Future Stock Price Finishing Under 15.27
| OPAP Stock | EUR 15.66 0.13 0.82% |
Greek |
Greek Organization Target Price Odds to finish below 15.27
The tendency of Greek 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 € 15.27 or more in 90 days |
| 15.66 | 90 days | 15.27 | about 53.19 |
Based on a normal probability distribution, the odds of Greek Organization to drop to € 15.27 or more in 90 days from now is about 53.19 (This Greek Organization of probability density function shows the probability of Greek Stock to fall within a particular range of prices over 90 days) . Probability of Greek Organization price to stay between € 15.27 and its current price of €15.66 at the end of the 90-day period is about 44.0 .
Assuming the 90 days trading horizon Greek Organization has a beta of 0.28. This indicates as returns on the market go up, Greek Organization average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greek Organization of will be expected to be much smaller as well. Additionally Greek Organization of has an alpha of 0.0087, implying that it can generate a 0.00871 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Greek Organization Price Density |
| Price |
Predictive Modules for Greek Organization
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greek Organization. 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.Greek Organization Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greek Organization is not an exception. The market had few large corrections towards the Greek Organization'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 Greek Organization of, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greek Organization within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.07 |
Greek Organization 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 Greek Organization for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greek Organization can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greek Organization has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
Greek Organization 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 Greek Stock often depends not only on the future outlook of the current and potential Greek Organization'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. Greek Organization's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 351 M | |
| Cash And Short Term Investments | 864 M |
Greek Organization Technical Analysis
Greek Organization's future price can be derived by breaking down and analyzing its technical indicators over time. Greek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greek Organization of. In general, you should focus on analyzing Greek Stock price patterns and their correlations with different microeconomic environments and drivers.
Greek Organization Predictive Forecast Models
Greek Organization's time-series forecasting models is one of many Greek Organization'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 Greek Organization'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 Greek Organization
Checking the ongoing alerts about Greek Organization for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greek Organization help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greek Organization has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 48.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Greek Stock Analysis
When running Greek Organization's price analysis, check to measure Greek Organization'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 Greek Organization is operating at the current time. Most of Greek Organization's value examination focuses on studying past and present price action to predict the probability of Greek Organization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greek Organization's price. Additionally, you may evaluate how the addition of Greek Organization to your portfolios can decrease your overall portfolio volatility.