STMicroelectronics (France) Probability of Future Stock Price Finishing Under 23.04
| STMPA Stock | 24.27 0.51 2.15% |
STMicroelectronics |
STMicroelectronics Target Price Odds to finish below 23.04
The tendency of STMicroelectronics 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 drop to 23.04 or more in 90 days |
| 24.27 | 90 days | 23.04 | about 1.84 |
Based on a normal probability distribution, the odds of STMicroelectronics to drop to 23.04 or more in 90 days from now is about 1.84 (This STMicroelectronics NV probability density function shows the probability of STMicroelectronics Stock to fall within a particular range of prices over 90 days) . Probability of STMicroelectronics price to stay between 23.04 and its current price of 24.27 at the end of the 90-day period is about 14.65 .
Assuming the 90 days trading horizon STMicroelectronics has a beta of 0.36. This usually implies as returns on the market go up, STMicroelectronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding STMicroelectronics NV will be expected to be much smaller as well. Additionally STMicroelectronics NV 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. STMicroelectronics Price Density |
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Predictive Modules for STMicroelectronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STMicroelectronics. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as STMicroelectronics. Your research has to be compared to or analyzed against STMicroelectronics' peers to derive any actionable benefits. When done correctly, STMicroelectronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in STMicroelectronics.STMicroelectronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. STMicroelectronics is not an exception. The market had few large corrections towards the STMicroelectronics' 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 STMicroelectronics NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of STMicroelectronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 1.11 | |
Ir | Information ratio | -0.16 |
STMicroelectronics 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 STMicroelectronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for STMicroelectronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| STMicroelectronics generated a negative expected return over the last 90 days |
STMicroelectronics Technical Analysis
STMicroelectronics' future price can be derived by breaking down and analyzing its technical indicators over time. STMicroelectronics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of STMicroelectronics NV. In general, you should focus on analyzing STMicroelectronics Stock price patterns and their correlations with different microeconomic environments and drivers.
STMicroelectronics Predictive Forecast Models
STMicroelectronics' time-series forecasting models is one of many STMicroelectronics' 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 STMicroelectronics' 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 STMicroelectronics
Checking the ongoing alerts about STMicroelectronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for STMicroelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| STMicroelectronics generated a negative expected return over the last 90 days |
Additional Tools for STMicroelectronics Stock Analysis
When running STMicroelectronics' price analysis, check to measure STMicroelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy STMicroelectronics is operating at the current time. Most of STMicroelectronics' value examination focuses on studying past and present price action to predict the probability of STMicroelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STMicroelectronics' price. Additionally, you may evaluate how the addition of STMicroelectronics to your portfolios can decrease your overall portfolio volatility.