SSE PLC (Germany) Odds of Future Stock Price Finishing Under 20.5
| SCTA Stock | EUR 20.20 0.20 0.98% |
SSE |
SSE PLC Target Price Odds to finish below 20.5
The tendency of SSE 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 under € 20.50 after 90 days |
| 20.20 | 90 days | 20.50 | about 16.86 |
Based on a normal probability distribution, the odds of SSE PLC to stay under € 20.50 after 90 days from now is about 16.86 (This SSE PLC ADR probability density function shows the probability of SSE Stock to fall within a particular range of prices over 90 days) . Probability of SSE PLC ADR price to stay between its current price of € 20.20 and € 20.50 at the end of the 90-day period is about 6.1 .
Assuming the 90 days trading horizon SSE PLC ADR has a beta of -0.0519. This usually implies as returns on the benchmark increase, returns on holding SSE PLC are expected to decrease at a much lower rate. During a bear market, however, SSE PLC ADR is likely to outperform the market. Additionally SSE PLC ADR 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. SSE PLC Price Density |
| Price |
Predictive Modules for SSE PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SSE PLC ADR. 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.SSE PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SSE PLC is not an exception. The market had few large corrections towards the SSE PLC'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 SSE PLC ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SSE PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | -0.21 |
SSE PLC 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 SSE PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SSE PLC ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SSE PLC ADR generated a negative expected return over the last 90 days |
SSE PLC Technical Analysis
SSE PLC's future price can be derived by breaking down and analyzing its technical indicators over time. SSE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SSE PLC ADR. In general, you should focus on analyzing SSE Stock price patterns and their correlations with different microeconomic environments and drivers.
SSE PLC Predictive Forecast Models
SSE PLC's time-series forecasting models is one of many SSE PLC'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 SSE PLC'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 SSE PLC ADR
Checking the ongoing alerts about SSE PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SSE PLC ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SSE PLC ADR generated a negative expected return over the last 90 days |
Other Information on Investing in SSE Stock
SSE PLC financial ratios help investors to determine whether SSE 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 SSE with respect to the benefits of owning SSE PLC security.