Societatea Nationala (Romania) Probability of Future Stock Price Finishing Over 4.39
| SNG Stock | 5.27 0.01 0.19% |
Societatea |
Societatea Nationala Target Price Odds to finish over 4.39
The tendency of Societatea 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 4.39 in 90 days |
| 5.27 | 90 days | 4.39 | close to 99 |
Based on a normal probability distribution, the odds of Societatea Nationala to stay above 4.39 in 90 days from now is close to 99 (This Societatea Nationala de probability density function shows the probability of Societatea Stock to fall within a particular range of prices over 90 days) . Probability of Societatea Nationala price to stay between 4.39 and its current price of 5.27 at the end of the 90-day period is about 6.25 .
Assuming the 90 days trading horizon Societatea Nationala has a beta of 0.49. This usually implies as returns on the market go up, Societatea Nationala average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Societatea Nationala de will be expected to be much smaller as well. Additionally Societatea Nationala de 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. Societatea Nationala Price Density |
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Predictive Modules for Societatea Nationala
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Societatea Nationala. 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.Societatea Nationala Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Societatea Nationala is not an exception. The market had few large corrections towards the Societatea Nationala'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 Societatea Nationala de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Societatea Nationala within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.25 |
Societatea Nationala 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 Societatea Nationala for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Societatea Nationala can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Societatea Nationala generated a negative expected return over the last 90 days |
Societatea Nationala Technical Analysis
Societatea Nationala's future price can be derived by breaking down and analyzing its technical indicators over time. Societatea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Societatea Nationala de. In general, you should focus on analyzing Societatea Stock price patterns and their correlations with different microeconomic environments and drivers.
Societatea Nationala Predictive Forecast Models
Societatea Nationala's time-series forecasting models is one of many Societatea Nationala'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 Societatea Nationala'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 Societatea Nationala
Checking the ongoing alerts about Societatea Nationala for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Societatea Nationala help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Societatea Nationala generated a negative expected return over the last 90 days |
Other Information on Investing in Societatea Stock
Societatea Nationala financial ratios help investors to determine whether Societatea 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 Societatea with respect to the benefits of owning Societatea Nationala security.