UCM RESITA (Romania) Probability of Future Stock Price Finishing Over 3.66
| UCM Stock | 0.62 0.02 3.33% |
UCM |
UCM RESITA Target Price Odds to finish over 3.66
The tendency of UCM 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 3.66 or more in 90 days |
| 0.62 | 90 days | 3.66 | close to zero percent |
Based on a normal probability distribution, the odds of UCM RESITA to move over 3.66 or more in 90 days from now is close to zero percent (This UCM RESITA SA probability density function shows the probability of UCM Stock to fall within a particular range of prices over 90 days) . Probability of UCM RESITA SA price to stay between its current price of 0.62 and 3.66 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon UCM RESITA SA has a beta of -0.69. This usually implies as returns on the benchmark increase, returns on holding UCM RESITA are expected to decrease at a much lower rate. During a bear market, however, UCM RESITA SA is likely to outperform the market. Additionally UCM RESITA 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. UCM RESITA Price Density |
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Predictive Modules for UCM RESITA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as UCM RESITA SA. 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.UCM RESITA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. UCM RESITA is not an exception. The market had few large corrections towards the UCM RESITA'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 UCM RESITA SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of UCM RESITA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.08 |
UCM RESITA 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 UCM RESITA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for UCM RESITA SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| UCM RESITA SA generated a negative expected return over the last 90 days | |
| UCM RESITA SA has some characteristics of a very speculative penny stock | |
| UCM RESITA SA has high historical volatility and very poor performance |
UCM RESITA Technical Analysis
UCM RESITA's future price can be derived by breaking down and analyzing its technical indicators over time. UCM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of UCM RESITA SA. In general, you should focus on analyzing UCM Stock price patterns and their correlations with different microeconomic environments and drivers.
UCM RESITA Predictive Forecast Models
UCM RESITA's time-series forecasting models is one of many UCM RESITA'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 UCM RESITA'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 UCM RESITA SA
Checking the ongoing alerts about UCM RESITA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for UCM RESITA SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| UCM RESITA SA generated a negative expected return over the last 90 days | |
| UCM RESITA SA has some characteristics of a very speculative penny stock | |
| UCM RESITA SA has high historical volatility and very poor performance |