SCHALTBAU HOLDING (Germany) Probability of Future Stock Price Finishing Under 58.5
| SLT Stock | EUR 58.50 0.50 0.86% |
SCHALTBAU |
SCHALTBAU HOLDING Target Price Odds to finish below 58.5
The tendency of SCHALTBAU 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 below current price in 90 days |
| 58.50 | 90 days | 58.50 | about 88.12 |
Based on a normal probability distribution, the odds of SCHALTBAU HOLDING to move below current price in 90 days from now is about 88.12 (This SCHALTBAU HOLDING probability density function shows the probability of SCHALTBAU Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SCHALTBAU HOLDING has a beta of -0.0489. This usually implies as returns on the benchmark increase, returns on holding SCHALTBAU HOLDING are expected to decrease at a much lower rate. During a bear market, however, SCHALTBAU HOLDING is likely to outperform the market. Additionally SCHALTBAU HOLDING has an alpha of 0.0029, implying that it can generate a 0.002854 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SCHALTBAU HOLDING Price Density |
| Price |
Predictive Modules for SCHALTBAU HOLDING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCHALTBAU HOLDING. 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.SCHALTBAU HOLDING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCHALTBAU HOLDING is not an exception. The market had few large corrections towards the SCHALTBAU HOLDING'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 SCHALTBAU HOLDING, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCHALTBAU HOLDING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.1 |
SCHALTBAU HOLDING 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 SCHALTBAU HOLDING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCHALTBAU HOLDING can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 100.0% of the company shares are owned by institutional investors |
SCHALTBAU HOLDING Technical Analysis
SCHALTBAU HOLDING's future price can be derived by breaking down and analyzing its technical indicators over time. SCHALTBAU Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCHALTBAU HOLDING. In general, you should focus on analyzing SCHALTBAU Stock price patterns and their correlations with different microeconomic environments and drivers.
SCHALTBAU HOLDING Predictive Forecast Models
SCHALTBAU HOLDING's time-series forecasting models is one of many SCHALTBAU HOLDING'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 SCHALTBAU HOLDING'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 SCHALTBAU HOLDING
Checking the ongoing alerts about SCHALTBAU HOLDING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCHALTBAU HOLDING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 100.0% of the company shares are owned by institutional investors |
Other Information on Investing in SCHALTBAU Stock
SCHALTBAU HOLDING financial ratios help investors to determine whether SCHALTBAU 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 SCHALTBAU with respect to the benefits of owning SCHALTBAU HOLDING security.