SCOTT TECHNOLOGY (Germany) Probability of Future Stock Price Finishing Over 12.14
| RZH Stock | EUR 1.35 0.04 3.05% |
SCOTT |
SCOTT TECHNOLOGY Target Price Odds to finish over 12.14
The tendency of SCOTT 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 move over € 12.14 or more in 90 days |
| 1.35 | 90 days | 12.14 | close to zero percent |
Based on a normal probability distribution, the odds of SCOTT TECHNOLOGY to move over € 12.14 or more in 90 days from now is close to zero percent (This SCOTT TECHNOLOGY probability density function shows the probability of SCOTT Stock to fall within a particular range of prices over 90 days) . Probability of SCOTT TECHNOLOGY price to stay between its current price of € 1.35 and € 12.14 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon SCOTT TECHNOLOGY has a beta of -0.29 indicating as returns on the benchmark increase, returns on holding SCOTT TECHNOLOGY are expected to decrease at a much lower rate. During a bear market, however, SCOTT TECHNOLOGY is likely to outperform the market. Additionally SCOTT TECHNOLOGY has an alpha of 0.2604, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SCOTT TECHNOLOGY Price Density |
| Price |
Predictive Modules for SCOTT TECHNOLOGY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCOTT TECHNOLOGY. 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.SCOTT TECHNOLOGY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCOTT TECHNOLOGY is not an exception. The market had few large corrections towards the SCOTT TECHNOLOGY'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 SCOTT TECHNOLOGY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCOTT TECHNOLOGY within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | 0.03 |
SCOTT TECHNOLOGY 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 SCOTT TECHNOLOGY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCOTT TECHNOLOGY can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SCOTT TECHNOLOGY may become a speculative penny stock | |
| SCOTT TECHNOLOGY had very high historical volatility over the last 90 days |
SCOTT TECHNOLOGY 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 SCOTT Stock often depends not only on the future outlook of the current and potential SCOTT TECHNOLOGY'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. SCOTT TECHNOLOGY's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Dividend Yield | 0.1045 | |
| Short Long Term Debt | 5.5 M |
SCOTT TECHNOLOGY Technical Analysis
SCOTT TECHNOLOGY's future price can be derived by breaking down and analyzing its technical indicators over time. SCOTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCOTT TECHNOLOGY. In general, you should focus on analyzing SCOTT Stock price patterns and their correlations with different microeconomic environments and drivers.
SCOTT TECHNOLOGY Predictive Forecast Models
SCOTT TECHNOLOGY's time-series forecasting models is one of many SCOTT TECHNOLOGY'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 SCOTT TECHNOLOGY'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 SCOTT TECHNOLOGY
Checking the ongoing alerts about SCOTT TECHNOLOGY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCOTT TECHNOLOGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SCOTT TECHNOLOGY may become a speculative penny stock | |
| SCOTT TECHNOLOGY had very high historical volatility over the last 90 days |
Other Information on Investing in SCOTT Stock
SCOTT TECHNOLOGY financial ratios help investors to determine whether SCOTT 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 SCOTT with respect to the benefits of owning SCOTT TECHNOLOGY security.