Raute Oyj (Finland) Probability of Future Stock Price Finishing Over 12.71
| RAUTE Stock | EUR 13.05 0.15 1.16% |
Raute |
Raute Oyj Target Price Odds to finish over 12.71
The tendency of Raute 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 above € 12.71 in 90 days |
| 13.05 | 90 days | 12.71 | about 30.85 |
Based on a normal probability distribution, the odds of Raute Oyj to stay above € 12.71 in 90 days from now is about 30.85 (This Raute Oyj probability density function shows the probability of Raute Stock to fall within a particular range of prices over 90 days) . Probability of Raute Oyj price to stay between € 12.71 and its current price of €13.05 at the end of the 90-day period is about 20.7 .
Assuming the 90 days trading horizon Raute Oyj has a beta of -0.26 indicating as returns on the benchmark increase, returns on holding Raute Oyj are expected to decrease at a much lower rate. During a bear market, however, Raute Oyj is likely to outperform the market. Additionally Raute Oyj has an alpha of 0.0125, implying that it can generate a 0.0125 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Raute Oyj Price Density |
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Predictive Modules for Raute Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Raute Oyj. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Raute Oyj's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Raute Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Raute Oyj is not an exception. The market had few large corrections towards the Raute Oyj'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 Raute Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Raute Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.07 |
Raute Oyj 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 Raute Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Raute Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Raute Oyj generated a negative expected return over the last 90 days | |
| The company reported the revenue of 142.21 M. Net Loss for the year was (1.77 M) with profit before overhead, payroll, taxes, and interest of 65.66 M. | |
| About 40.0% of the company outstanding shares are owned by corporate insiders |
Raute Oyj 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 Raute Stock often depends not only on the future outlook of the current and potential Raute Oyj'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. Raute Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.3 M |
Raute Oyj Technical Analysis
Raute Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Raute Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Raute Oyj. In general, you should focus on analyzing Raute Stock price patterns and their correlations with different microeconomic environments and drivers.
Raute Oyj Predictive Forecast Models
Raute Oyj's time-series forecasting models is one of many Raute Oyj'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 Raute Oyj'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 Raute Oyj
Checking the ongoing alerts about Raute Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Raute Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Raute Oyj generated a negative expected return over the last 90 days | |
| The company reported the revenue of 142.21 M. Net Loss for the year was (1.77 M) with profit before overhead, payroll, taxes, and interest of 65.66 M. | |
| About 40.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Raute Stock
Raute Oyj financial ratios help investors to determine whether Raute 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 Raute with respect to the benefits of owning Raute Oyj security.