Trifork Holding (Denmark) Probability of Future Stock Price Finishing Under 71.0
| TRIFOR Stock | 76.80 4.80 6.67% |
Trifork |
Trifork Holding Target Price Odds to finish below 71.0
The tendency of Trifork 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 71.00 or more in 90 days |
| 76.80 | 90 days | 71.00 | near 1 |
Based on a normal probability distribution, the odds of Trifork Holding to drop to 71.00 or more in 90 days from now is near 1 (This Trifork Holding AG probability density function shows the probability of Trifork Stock to fall within a particular range of prices over 90 days) . Probability of Trifork Holding AG price to stay between 71.00 and its current price of 76.8 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Trifork Holding AG has a beta of -0.2. This usually implies as returns on the benchmark increase, returns on holding Trifork Holding are expected to decrease at a much lower rate. During a bear market, however, Trifork Holding AG is likely to outperform the market. Additionally Trifork Holding AG 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. Trifork Holding Price Density |
| Price |
Predictive Modules for Trifork 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 Trifork Holding AG. 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.Trifork Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trifork Holding is not an exception. The market had few large corrections towards the Trifork 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 Trifork Holding AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trifork Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 8.34 | |
Ir | Information ratio | -0.31 |
Trifork 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 Trifork Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trifork Holding AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trifork Holding AG generated a negative expected return over the last 90 days | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
Trifork Holding 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 Trifork Stock often depends not only on the future outlook of the current and potential Trifork Holding'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. Trifork Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.7 M | |
| Cash And Short Term Investments | 45 M |
Trifork Holding Technical Analysis
Trifork Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Trifork Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trifork Holding AG. In general, you should focus on analyzing Trifork Stock price patterns and their correlations with different microeconomic environments and drivers.
Trifork Holding Predictive Forecast Models
Trifork Holding's time-series forecasting models is one of many Trifork 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 Trifork 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 Trifork Holding AG
Checking the ongoing alerts about Trifork Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trifork Holding AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trifork Holding AG generated a negative expected return over the last 90 days | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Trifork Stock
Trifork Holding financial ratios help investors to determine whether Trifork 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 Trifork with respect to the benefits of owning Trifork Holding security.