COSTAR GROUP (Germany) Probability of Future Stock Price Finishing Over 70.85
RLG Stock | EUR 71.75 3.98 5.87% |
COSTAR |
COSTAR GROUP Target Price Odds to finish over 70.85
The tendency of COSTAR 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 70.85 in 90 days |
71.75 | 90 days | 70.85 | about 12.79 |
Based on a normal probability distribution, the odds of COSTAR GROUP to stay above 70.85 in 90 days from now is about 12.79 (This COSTAR GROUP INC probability density function shows the probability of COSTAR Stock to fall within a particular range of prices over 90 days) . Probability of COSTAR GROUP INC price to stay between 70.85 and its current price of 71.75 at the end of the 90-day period is about 7.82 .
Assuming the 90 days horizon COSTAR GROUP has a beta of 0.43 indicating as returns on the market go up, COSTAR GROUP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding COSTAR GROUP INC will be expected to be much smaller as well. Additionally COSTAR GROUP INC has an alpha of 0.0527, implying that it can generate a 0.0527 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). COSTAR GROUP Price Density |
Price |
Predictive Modules for COSTAR GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COSTAR GROUP INC. 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.COSTAR GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COSTAR GROUP is not an exception. The market had few large corrections towards the COSTAR GROUP'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 COSTAR GROUP INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COSTAR GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | -0.008 |
COSTAR GROUP 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 COSTAR GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COSTAR GROUP INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Over 99.0% of the company shares are owned by institutional investors |
COSTAR GROUP Technical Analysis
COSTAR GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. COSTAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COSTAR GROUP INC. In general, you should focus on analyzing COSTAR Stock price patterns and their correlations with different microeconomic environments and drivers.
COSTAR GROUP Predictive Forecast Models
COSTAR GROUP's time-series forecasting models is one of many COSTAR GROUP'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 COSTAR GROUP'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 COSTAR GROUP INC
Checking the ongoing alerts about COSTAR GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COSTAR GROUP INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 99.0% of the company shares are owned by institutional investors |
Other Information on Investing in COSTAR Stock
COSTAR GROUP financial ratios help investors to determine whether COSTAR 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 COSTAR with respect to the benefits of owning COSTAR GROUP security.