Thermador Groupe (France) Probability of Future Stock Price Finishing Under 69.04
| THEP Stock | EUR 70.70 1.10 1.53% |
Thermador |
Thermador Groupe Target Price Odds to finish below 69.04
The tendency of Thermador 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 € 69.04 or more in 90 days |
| 70.70 | 90 days | 69.04 | about 19.62 |
Based on a normal probability distribution, the odds of Thermador Groupe to drop to € 69.04 or more in 90 days from now is about 19.62 (This Thermador Groupe SA probability density function shows the probability of Thermador Stock to fall within a particular range of prices over 90 days) . Probability of Thermador Groupe price to stay between € 69.04 and its current price of €70.7 at the end of the 90-day period is about 31.79 .
Assuming the 90 days trading horizon Thermador Groupe SA has a beta of -0.0304. This usually implies as returns on the benchmark increase, returns on holding Thermador Groupe are expected to decrease at a much lower rate. During a bear market, however, Thermador Groupe SA is likely to outperform the market. Additionally Thermador Groupe SA 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. Thermador Groupe Price Density |
| Price |
Predictive Modules for Thermador Groupe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thermador Groupe. 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.Thermador Groupe Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thermador Groupe is not an exception. The market had few large corrections towards the Thermador Groupe'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 Thermador Groupe SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thermador Groupe within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0048 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | -0.05 |
Thermador Groupe 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 Thermador Stock often depends not only on the future outlook of the current and potential Thermador Groupe'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. Thermador Groupe's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.2 M | |
| Dividends Paid | 18.4 M | |
| Short Long Term Debt | 11.2 M |
Thermador Groupe Technical Analysis
Thermador Groupe's future price can be derived by breaking down and analyzing its technical indicators over time. Thermador Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thermador Groupe SA. In general, you should focus on analyzing Thermador Stock price patterns and their correlations with different microeconomic environments and drivers.
Thermador Groupe Predictive Forecast Models
Thermador Groupe's time-series forecasting models is one of many Thermador Groupe'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 Thermador Groupe'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thermador Groupe in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thermador Groupe's short interest history, or implied volatility extrapolated from Thermador Groupe options trading.
Other Information on Investing in Thermador Stock
Thermador Groupe financial ratios help investors to determine whether Thermador 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 Thermador with respect to the benefits of owning Thermador Groupe security.