Sterling Construction (Germany) Probability of Future Stock Price Finishing Over 190.13
| UAO Stock | EUR 187.55 0.25 0.13% |
Sterling |
Sterling Construction Target Price Odds to finish over 190.13
The tendency of Sterling 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 move over € 190.13 or more in 90 days |
| 187.55 | 90 days | 190.13 | about 1.53 |
Based on a normal probability distribution, the odds of Sterling Construction to move over € 190.13 or more in 90 days from now is about 1.53 (This Sterling Construction probability density function shows the probability of Sterling Stock to fall within a particular range of prices over 90 days) . Probability of Sterling Construction price to stay between its current price of € 187.55 and € 190.13 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Sterling Construction has a beta of 0.27. This usually implies as returns on the market go up, Sterling Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sterling Construction will be expected to be much smaller as well. Additionally Sterling Construction has an alpha of 0.8967, implying that it can generate a 0.9 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sterling Construction Price Density |
| Price |
Predictive Modules for Sterling Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sterling Construction. 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.Sterling Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sterling Construction is not an exception. The market had few large corrections towards the Sterling Construction'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 Sterling Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sterling Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.90 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 25.14 | |
Ir | Information ratio | 0.22 |
Sterling Construction 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 Sterling Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sterling Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sterling Construction appears to be risky and price may revert if volatility continues | |
| Over 84.0% of the company outstanding shares are owned by institutional investors |
Sterling Construction 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 Sterling Stock often depends not only on the future outlook of the current and potential Sterling Construction'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. Sterling Construction's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.6 M |
Sterling Construction Technical Analysis
Sterling Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Sterling Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sterling Construction. In general, you should focus on analyzing Sterling Stock price patterns and their correlations with different microeconomic environments and drivers.
Sterling Construction Predictive Forecast Models
Sterling Construction's time-series forecasting models is one of many Sterling Construction'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 Sterling Construction'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 Sterling Construction
Checking the ongoing alerts about Sterling Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sterling Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sterling Construction appears to be risky and price may revert if volatility continues | |
| Over 84.0% of the company outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in Sterling Stock
When determining whether Sterling Construction is a strong investment it is important to analyze Sterling Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sterling Construction's future performance. For an informed investment choice regarding Sterling Stock, refer to the following important reports:Check out Sterling Construction Backtesting, Sterling Construction Valuation, Sterling Construction Correlation, Sterling Construction Hype Analysis, Sterling Construction Volatility, Sterling Construction History as well as Sterling Construction Performance. For more detail on how to invest in Sterling Stock please use our How to Invest in Sterling Construction guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.