Sofwave Medical (Israel) Probability of Future Stock Price Finishing Under 1770.0
| SOFW Stock | 1,719 17.00 1.00% |
Sofwave |
Sofwave Medical Target Price Odds to finish below 1770.0
The tendency of Sofwave 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 1,770 after 90 days |
| 1,719 | 90 days | 1,770 | about 49.41 |
Based on a normal probability distribution, the odds of Sofwave Medical to stay under 1,770 after 90 days from now is about 49.41 (This Sofwave Medical probability density function shows the probability of Sofwave Stock to fall within a particular range of prices over 90 days) . Probability of Sofwave Medical price to stay between its current price of 1,719 and 1,770 at the end of the 90-day period is about 20.82 .
Assuming the 90 days trading horizon Sofwave Medical has a beta of -0.005. This usually implies as returns on the benchmark increase, returns on holding Sofwave Medical are expected to decrease at a much lower rate. During a bear market, however, Sofwave Medical is likely to outperform the market. Additionally Sofwave Medical has an alpha of 0.0568, implying that it can generate a 0.0568 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sofwave Medical Price Density |
| Price |
Predictive Modules for Sofwave Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sofwave Medical. 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.Sofwave Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sofwave Medical is not an exception. The market had few large corrections towards the Sofwave Medical'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 Sofwave Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sofwave Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.005 | |
σ | Overall volatility | 92.78 | |
Ir | Information ratio | -0.03 |
Sofwave Medical 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 Sofwave Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sofwave Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sofwave Medical generated a negative expected return over the last 90 days | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
Sofwave Medical Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sofwave Stock often depends not only on the future outlook of the current and potential Sofwave Medical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sofwave Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 12.6 M |
Sofwave Medical Technical Analysis
Sofwave Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Sofwave Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sofwave Medical. In general, you should focus on analyzing Sofwave Stock price patterns and their correlations with different microeconomic environments and drivers.
Sofwave Medical Predictive Forecast Models
Sofwave Medical's time-series forecasting models is one of many Sofwave Medical'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 Sofwave Medical'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 Sofwave Medical
Checking the ongoing alerts about Sofwave Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sofwave Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sofwave Medical generated a negative expected return over the last 90 days | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sofwave Stock
Sofwave Medical financial ratios help investors to determine whether Sofwave 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 Sofwave with respect to the benefits of owning Sofwave Medical security.