Select Medical (Germany) Probability of Future Stock Price Finishing Under 5.41
| S24 Stock | EUR 19.50 0.30 1.56% |
Select |
Select Medical Target Price Odds to finish below 5.41
The tendency of Select 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 € 5.41 or more in 90 days |
| 19.50 | 90 days | 5.41 | near 1 |
Based on a normal probability distribution, the odds of Select Medical to drop to € 5.41 or more in 90 days from now is near 1 (This Select Medical Holdings probability density function shows the probability of Select Stock to fall within a particular range of prices over 90 days) . Probability of Select Medical Holdings price to stay between € 5.41 and its current price of €19.5 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Select Medical has a beta of 0.44. This usually implies as returns on the market go up, Select Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Select Medical Holdings will be expected to be much smaller as well. Additionally Select Medical Holdings 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. Select Medical Price Density |
| Price |
Predictive Modules for Select Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Select Medical Holdings. 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.Select Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Select Medical is not an exception. The market had few large corrections towards the Select Medical'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 Select Medical Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Select Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 4.24 | |
Ir | Information ratio | -0.11 |
Select Medical 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 Select Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Select Medical Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Select Medical generated a negative expected return over the last 90 days | |
| Select Medical has high historical volatility and very poor performance | |
| Select Medical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 82.0% of the company shares are owned by institutional investors |
Select Medical 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 Select Stock often depends not only on the future outlook of the current and potential Select Medical'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. Select Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.1 M |
Select Medical Technical Analysis
Select Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Select Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Select Medical Holdings. In general, you should focus on analyzing Select Stock price patterns and their correlations with different microeconomic environments and drivers.
Select Medical Predictive Forecast Models
Select Medical's time-series forecasting models is one of many Select Medical'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 Select Medical'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 Select Medical Holdings
Checking the ongoing alerts about Select Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Select Medical Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Select Medical generated a negative expected return over the last 90 days | |
| Select Medical has high historical volatility and very poor performance | |
| Select Medical has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 82.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Select Stock
When determining whether Select Medical Holdings is a strong investment it is important to analyze Select Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Select Medical's future performance. For an informed investment choice regarding Select Stock, refer to the following important reports:Check out Select Medical Backtesting, Select Medical Valuation, Select Medical Correlation, Select Medical Hype Analysis, Select Medical Volatility, Select Medical History as well as Select Medical Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.