Voestalpine (Austria) Probability of Future Stock Price Finishing Over 18.28
| VOE Stock | EUR 17.96 0.01 0.06% |
Voestalpine |
Voestalpine Target Price Odds to finish over 18.28
The tendency of Voestalpine 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 € 18.28 or more in 90 days |
| 17.96 | 90 days | 18.28 | about 92.11 |
Based on a normal probability distribution, the odds of Voestalpine to move over € 18.28 or more in 90 days from now is about 92.11 (This Voestalpine AG probability density function shows the probability of Voestalpine Stock to fall within a particular range of prices over 90 days) . Probability of Voestalpine AG price to stay between its current price of € 17.96 and € 18.28 at the end of the 90-day period is roughly 2.8 .
Assuming the 90 days trading horizon Voestalpine has a beta of 0.084. This entails as returns on the market go up, Voestalpine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Voestalpine AG will be expected to be much smaller as well. Additionally Voestalpine 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. Voestalpine Price Density |
| Price |
Predictive Modules for Voestalpine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voestalpine 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.Voestalpine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Voestalpine is not an exception. The market had few large corrections towards the Voestalpine'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 Voestalpine AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voestalpine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 1.43 | |
Ir | Information ratio | -0.2 |
Voestalpine 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 Voestalpine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voestalpine 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.| Voestalpine AG generated a negative expected return over the last 90 days | |
| About 30.0% of the company outstanding shares are owned by insiders |
Voestalpine 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 Voestalpine Stock often depends not only on the future outlook of the current and potential Voestalpine'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. Voestalpine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 178.5 M |
Voestalpine Technical Analysis
Voestalpine's future price can be derived by breaking down and analyzing its technical indicators over time. Voestalpine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Voestalpine AG. In general, you should focus on analyzing Voestalpine Stock price patterns and their correlations with different microeconomic environments and drivers.
Voestalpine Predictive Forecast Models
Voestalpine's time-series forecasting models is one of many Voestalpine'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 Voestalpine'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 Voestalpine AG
Checking the ongoing alerts about Voestalpine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voestalpine AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Voestalpine AG generated a negative expected return over the last 90 days | |
| About 30.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Voestalpine Stock
Voestalpine financial ratios help investors to determine whether Voestalpine 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 Voestalpine with respect to the benefits of owning Voestalpine security.