Unicaja Banco (Spain) Probability of Future Stock Price Finishing Under 1.2
| UNI Stock | EUR 1.22 0.02 1.67% |
Unicaja |
Unicaja Banco Target Price Odds to finish below 1.2
The tendency of Unicaja 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 € 1.20 or more in 90 days |
| 1.22 | 90 days | 1.20 | about 81.28 |
Based on a normal probability distribution, the odds of Unicaja Banco to drop to € 1.20 or more in 90 days from now is about 81.28 (This Unicaja Banco SA probability density function shows the probability of Unicaja Stock to fall within a particular range of prices over 90 days) . Probability of Unicaja Banco SA price to stay between € 1.20 and its current price of €1.22 at the end of the 90-day period is about 8.03 .
Assuming the 90 days trading horizon Unicaja Banco SA has a beta of -0.31. This usually implies as returns on the benchmark increase, returns on holding Unicaja Banco are expected to decrease at a much lower rate. During a bear market, however, Unicaja Banco SA is likely to outperform the market. Additionally Unicaja Banco SA has an alpha of 0.0346, implying that it can generate a 0.0346 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Unicaja Banco Price Density |
| Price |
Predictive Modules for Unicaja Banco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unicaja Banco 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.Unicaja Banco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Unicaja Banco is not an exception. The market had few large corrections towards the Unicaja Banco'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 Unicaja Banco SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Unicaja Banco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.07 |
Unicaja Banco 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 Unicaja Banco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Unicaja Banco 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.| Unicaja Banco SA may become a speculative penny stock | |
| About 53.0% of the company outstanding shares are owned by insiders |
Unicaja Banco 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 Unicaja Stock often depends not only on the future outlook of the current and potential Unicaja Banco'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. Unicaja Banco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B | |
| Cash And Short Term Investments | 4.7 B |
Unicaja Banco Technical Analysis
Unicaja Banco's future price can be derived by breaking down and analyzing its technical indicators over time. Unicaja Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unicaja Banco SA. In general, you should focus on analyzing Unicaja Stock price patterns and their correlations with different microeconomic environments and drivers.
Unicaja Banco Predictive Forecast Models
Unicaja Banco's time-series forecasting models is one of many Unicaja Banco'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 Unicaja Banco'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 Unicaja Banco SA
Checking the ongoing alerts about Unicaja Banco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Unicaja Banco SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Unicaja Banco SA may become a speculative penny stock | |
| About 53.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Unicaja Stock
Unicaja Banco financial ratios help investors to determine whether Unicaja 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 Unicaja with respect to the benefits of owning Unicaja Banco security.