SUPER GROUP (Germany) Probability of Future Stock Price Finishing Over 1.42
| S8G1 Stock | EUR 1.48 0.06 4.23% |
SUPER |
SUPER GROUP Target Price Odds to finish over 1.42
The tendency of SUPER 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 € 1.42 in 90 days |
| 1.48 | 90 days | 1.42 | about 7.43 |
Based on a normal probability distribution, the odds of SUPER GROUP to stay above € 1.42 in 90 days from now is about 7.43 (This SUPER GROUP LTD probability density function shows the probability of SUPER Stock to fall within a particular range of prices over 90 days) . Probability of SUPER GROUP LTD price to stay between € 1.42 and its current price of €1.48 at the end of the 90-day period is roughly 2.65 .
Assuming the 90 days trading horizon SUPER GROUP LTD has a beta of -0.6. This usually implies as returns on the benchmark increase, returns on holding SUPER GROUP are expected to decrease at a much lower rate. During a bear market, however, SUPER GROUP LTD is likely to outperform the market. Moreover SUPER GROUP LTD has an alpha of 1.6315, implying that it can generate a 1.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SUPER GROUP Price Density |
| Price |
Predictive Modules for SUPER 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 SUPER GROUP LTD. 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.SUPER GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SUPER GROUP is not an exception. The market had few large corrections towards the SUPER 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 SUPER GROUP LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SUPER GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.63 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.12 |
SUPER 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 SUPER GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SUPER GROUP LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SUPER GROUP LTD is way too risky over 90 days horizon | |
| SUPER GROUP LTD may become a speculative penny stock | |
| SUPER GROUP LTD appears to be risky and price may revert if volatility continues | |
| Over 83.0% of the company shares are owned by institutional investors |
SUPER GROUP Technical Analysis
SUPER GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. SUPER Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SUPER GROUP LTD. In general, you should focus on analyzing SUPER Stock price patterns and their correlations with different microeconomic environments and drivers.
SUPER GROUP Predictive Forecast Models
SUPER GROUP's time-series forecasting models is one of many SUPER 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 SUPER 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 SUPER GROUP LTD
Checking the ongoing alerts about SUPER GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SUPER GROUP LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SUPER GROUP LTD is way too risky over 90 days horizon | |
| SUPER GROUP LTD may become a speculative penny stock | |
| SUPER GROUP LTD appears to be risky and price may revert if volatility continues | |
| Over 83.0% of the company shares are owned by institutional investors |
Other Information on Investing in SUPER Stock
SUPER GROUP financial ratios help investors to determine whether SUPER 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 SUPER with respect to the benefits of owning SUPER GROUP security.