SUMMARECON AGUNG (Germany) Probability of Future Stock Price Finishing Over 0.022
| RZU Stock | EUR 0.02 0.01 33.33% |
SUMMARECON |
SUMMARECON AGUNG Target Price Odds to finish over 0.022
The tendency of SUMMARECON 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 above the current price in 90 days |
| 0.02 | 90 days | 0.02 | about 84.02 |
Based on a normal probability distribution, the odds of SUMMARECON AGUNG to move above the current price in 90 days from now is about 84.02 (This SUMMARECON AGUNG probability density function shows the probability of SUMMARECON Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SUMMARECON AGUNG has a beta of -0.52 indicating as returns on the benchmark increase, returns on holding SUMMARECON AGUNG are expected to decrease at a much lower rate. During a bear market, however, SUMMARECON AGUNG is likely to outperform the market. Additionally SUMMARECON AGUNG 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. SUMMARECON AGUNG Price Density |
| Price |
Predictive Modules for SUMMARECON AGUNG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SUMMARECON AGUNG. 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.SUMMARECON AGUNG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SUMMARECON AGUNG is not an exception. The market had few large corrections towards the SUMMARECON AGUNG'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 SUMMARECON AGUNG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SUMMARECON AGUNG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.04 |
SUMMARECON AGUNG 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 SUMMARECON AGUNG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SUMMARECON AGUNG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SUMMARECON AGUNG had very high historical volatility over the last 90 days | |
| SUMMARECON AGUNG has some characteristics of a very speculative penny stock |
SUMMARECON AGUNG 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 SUMMARECON Stock often depends not only on the future outlook of the current and potential SUMMARECON AGUNG'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. SUMMARECON AGUNG's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.5 B | |
| Dividends Paid | 2.8 M | |
| Short Long Term Debt | 2.9 T |
SUMMARECON AGUNG Technical Analysis
SUMMARECON AGUNG's future price can be derived by breaking down and analyzing its technical indicators over time. SUMMARECON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SUMMARECON AGUNG. In general, you should focus on analyzing SUMMARECON Stock price patterns and their correlations with different microeconomic environments and drivers.
SUMMARECON AGUNG Predictive Forecast Models
SUMMARECON AGUNG's time-series forecasting models is one of many SUMMARECON AGUNG'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 SUMMARECON AGUNG'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 SUMMARECON AGUNG
Checking the ongoing alerts about SUMMARECON AGUNG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SUMMARECON AGUNG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SUMMARECON AGUNG had very high historical volatility over the last 90 days | |
| SUMMARECON AGUNG has some characteristics of a very speculative penny stock |
Additional Tools for SUMMARECON Stock Analysis
When running SUMMARECON AGUNG's price analysis, check to measure SUMMARECON AGUNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SUMMARECON AGUNG is operating at the current time. Most of SUMMARECON AGUNG's value examination focuses on studying past and present price action to predict the probability of SUMMARECON AGUNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SUMMARECON AGUNG's price. Additionally, you may evaluate how the addition of SUMMARECON AGUNG to your portfolios can decrease your overall portfolio volatility.