RHI Magnesita (Austria) Probability of Future Stock Price Finishing Under 37.11
| RHIM Stock | EUR 37.60 0.40 1.08% |
RHI |
RHI Magnesita Target Price Odds to finish below 37.11
The tendency of RHI 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 € 37.11 or more in 90 days |
| 37.60 | 90 days | 37.11 | about 13.72 |
Based on a normal probability distribution, the odds of RHI Magnesita to drop to € 37.11 or more in 90 days from now is about 13.72 (This RHI Magnesita NV probability density function shows the probability of RHI Stock to fall within a particular range of prices over 90 days) . Probability of RHI Magnesita NV price to stay between € 37.11 and its current price of €37.6 at the end of the 90-day period is about 9.14 .
Assuming the 90 days trading horizon RHI Magnesita has a beta of 0.77 indicating as returns on the market go up, RHI Magnesita average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RHI Magnesita NV will be expected to be much smaller as well. Additionally RHI Magnesita 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. RHI Magnesita Price Density |
| Price |
Predictive Modules for RHI Magnesita
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RHI Magnesita NV. 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.RHI Magnesita Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RHI Magnesita is not an exception. The market had few large corrections towards the RHI Magnesita'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 RHI Magnesita NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RHI Magnesita within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 1.41 | |
Ir | Information ratio | -0.06 |
RHI Magnesita 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 RHI Magnesita for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RHI Magnesita NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RHI Magnesita NV generated a negative expected return over the last 90 days | |
| RHI Magnesita generates negative cash flow from operations | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
RHI Magnesita 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 RHI Stock often depends not only on the future outlook of the current and potential RHI Magnesita'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. RHI Magnesita's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47 M |
RHI Magnesita Technical Analysis
RHI Magnesita's future price can be derived by breaking down and analyzing its technical indicators over time. RHI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RHI Magnesita NV. In general, you should focus on analyzing RHI Stock price patterns and their correlations with different microeconomic environments and drivers.
RHI Magnesita Predictive Forecast Models
RHI Magnesita's time-series forecasting models is one of many RHI Magnesita'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 RHI Magnesita'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 RHI Magnesita NV
Checking the ongoing alerts about RHI Magnesita for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RHI Magnesita NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RHI Magnesita NV generated a negative expected return over the last 90 days | |
| RHI Magnesita generates negative cash flow from operations | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in RHI Stock
RHI Magnesita financial ratios help investors to determine whether RHI 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 RHI with respect to the benefits of owning RHI Magnesita security.