KERINGUNSPADR 110 (Germany) Probability of Future Stock Price Finishing Under 23.1
| PPXB Stock | EUR 23.20 0.00 0.00% |
KERINGUNSPADR |
KERINGUNSPADR 110 Target Price Odds to finish below 23.1
The tendency of KERINGUNSPADR 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 € 23.10 or more in 90 days |
| 23.20 | 90 days | 23.10 | about 52.78 |
Based on a normal probability distribution, the odds of KERINGUNSPADR 110 to drop to € 23.10 or more in 90 days from now is about 52.78 (This KERINGUNSPADR 110 EO probability density function shows the probability of KERINGUNSPADR Stock to fall within a particular range of prices over 90 days) . Probability of KERINGUNSPADR 110 price to stay between € 23.10 and its current price of €23.2 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon KERINGUNSPADR 110 EO has a beta of -0.48 indicating as returns on the benchmark increase, returns on holding KERINGUNSPADR 110 are expected to decrease at a much lower rate. During a bear market, however, KERINGUNSPADR 110 EO is likely to outperform the market. Additionally KERINGUNSPADR 110 EO has an alpha of 0.1173, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KERINGUNSPADR 110 Price Density |
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Predictive Modules for KERINGUNSPADR 110
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KERINGUNSPADR 110. 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.KERINGUNSPADR 110 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KERINGUNSPADR 110 is not an exception. The market had few large corrections towards the KERINGUNSPADR 110'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 KERINGUNSPADR 110 EO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KERINGUNSPADR 110 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.48 | |
σ | Overall volatility | 1.19 | |
Ir | Information ratio | 0.02 |
KERINGUNSPADR 110 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 KERINGUNSPADR 110 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for KERINGUNSPADR 110 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| KERINGUNSPADR 110 generated a negative expected return over the last 90 days |
KERINGUNSPADR 110 Technical Analysis
KERINGUNSPADR 110's future price can be derived by breaking down and analyzing its technical indicators over time. KERINGUNSPADR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KERINGUNSPADR 110 EO. In general, you should focus on analyzing KERINGUNSPADR Stock price patterns and their correlations with different microeconomic environments and drivers.
KERINGUNSPADR 110 Predictive Forecast Models
KERINGUNSPADR 110's time-series forecasting models is one of many KERINGUNSPADR 110'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 KERINGUNSPADR 110'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 KERINGUNSPADR 110
Checking the ongoing alerts about KERINGUNSPADR 110 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for KERINGUNSPADR 110 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| KERINGUNSPADR 110 generated a negative expected return over the last 90 days |
Other Information on Investing in KERINGUNSPADR Stock
KERINGUNSPADR 110 financial ratios help investors to determine whether KERINGUNSPADR 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 KERINGUNSPADR with respect to the benefits of owning KERINGUNSPADR 110 security.