Safetech Innovations (Romania) Probability of Future Stock Price Finishing Over 2.40
| SAFE Stock | 2.40 0.02 0.84% |
Safetech |
Safetech Innovations Target Price Odds to finish over 2.40
The tendency of Safetech 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 |
| 2.40 | 90 days | 2.40 | about 67.83 |
Based on a normal probability distribution, the odds of Safetech Innovations to move above the current price in 90 days from now is about 67.83 (This Safetech Innovations SA probability density function shows the probability of Safetech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Safetech Innovations SA has a beta of -0.0034. This usually implies as returns on the benchmark increase, returns on holding Safetech Innovations are expected to decrease at a much lower rate. During a bear market, however, Safetech Innovations SA is likely to outperform the market. Additionally Safetech Innovations SA 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. Safetech Innovations Price Density |
| Price |
Predictive Modules for Safetech Innovations
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Safetech Innovations. 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.Safetech Innovations Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Safetech Innovations is not an exception. The market had few large corrections towards the Safetech Innovations' 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 Safetech Innovations SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Safetech Innovations within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.0034 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.12 |
Safetech Innovations 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 Safetech Innovations for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Safetech Innovations can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Safetech Innovations generated a negative expected return over the last 90 days |
Safetech Innovations Technical Analysis
Safetech Innovations' future price can be derived by breaking down and analyzing its technical indicators over time. Safetech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Safetech Innovations SA. In general, you should focus on analyzing Safetech Stock price patterns and their correlations with different microeconomic environments and drivers.
Safetech Innovations Predictive Forecast Models
Safetech Innovations' time-series forecasting models is one of many Safetech Innovations' 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 Safetech Innovations' 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 Safetech Innovations
Checking the ongoing alerts about Safetech Innovations for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Safetech Innovations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Safetech Innovations generated a negative expected return over the last 90 days |