Koninklijke Philips (Netherlands) Probability of Future Stock Price Finishing Under 23.39
| PHIA Stock | EUR 25.87 0.65 2.58% |
Koninklijke |
Koninklijke Philips Target Price Odds to finish below 23.39
The tendency of Koninklijke 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 € 23.39 or more in 90 days |
| 25.87 | 90 days | 23.39 | roughly 2.2 |
Based on a normal probability distribution, the odds of Koninklijke Philips to drop to € 23.39 or more in 90 days from now is roughly 2.2 (This Koninklijke Philips NV probability density function shows the probability of Koninklijke Stock to fall within a particular range of prices over 90 days) . Probability of Koninklijke Philips price to stay between € 23.39 and its current price of €25.87 at the end of the 90-day period is about 21.39 .
Assuming the 90 days trading horizon Koninklijke Philips NV has a beta of -0.14 indicating as returns on the benchmark increase, returns on holding Koninklijke Philips are expected to decrease at a much lower rate. During a bear market, however, Koninklijke Philips NV is likely to outperform the market. Additionally Koninklijke Philips NV has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Koninklijke Philips Price Density |
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Predictive Modules for Koninklijke Philips
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Koninklijke Philips. 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.Koninklijke Philips Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Koninklijke Philips is not an exception. The market had few large corrections towards the Koninklijke Philips' 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 Koninklijke Philips NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Koninklijke Philips within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 1.92 | |
Ir | Information ratio | -0.06 |
Koninklijke Philips 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 Koninklijke Philips for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Koninklijke Philips can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Koninklijke Philips generated a negative expected return over the last 90 days | |
| Koninklijke Philips has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 17.83 B. Net Loss for the year was (1.61 B) with profit before overhead, payroll, taxes, and interest of 7.19 B. | |
| Koninklijke Philips NV has accumulated about 1.55 B in cash with (173 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72. |
Koninklijke Philips 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 Koninklijke Stock often depends not only on the future outlook of the current and potential Koninklijke Philips' 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. Koninklijke Philips' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 881.5 M |
Koninklijke Philips Technical Analysis
Koninklijke Philips' future price can be derived by breaking down and analyzing its technical indicators over time. Koninklijke Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Koninklijke Philips NV. In general, you should focus on analyzing Koninklijke Stock price patterns and their correlations with different microeconomic environments and drivers.
Koninklijke Philips Predictive Forecast Models
Koninklijke Philips' time-series forecasting models is one of many Koninklijke Philips' 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 Koninklijke Philips' 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 Koninklijke Philips
Checking the ongoing alerts about Koninklijke Philips for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Koninklijke Philips help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Koninklijke Philips generated a negative expected return over the last 90 days | |
| Koninklijke Philips has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 17.83 B. Net Loss for the year was (1.61 B) with profit before overhead, payroll, taxes, and interest of 7.19 B. | |
| Koninklijke Philips NV has accumulated about 1.55 B in cash with (173 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72. |
Additional Tools for Koninklijke Stock Analysis
When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' 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 Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.