SECOM CO (Germany) Odds of Future Stock Price Finishing Under 32.8
| XSC Stock | EUR 32.80 0.60 1.86% |
SECOM |
SECOM CO Target Price Odds to finish below 32.8
The tendency of SECOM 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 below current price in 90 days |
| 32.80 | 90 days | 32.80 | about 74.95 |
Based on a normal probability distribution, the odds of SECOM CO to move below current price in 90 days from now is about 74.95 (This SECOM LTD probability density function shows the probability of SECOM Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon SECOM LTD has a beta of -0.0479. This entails as returns on the benchmark increase, returns on holding SECOM CO are expected to decrease at a much lower rate. During a bear market, however, SECOM LTD is likely to outperform the market. Additionally SECOM LTD 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. SECOM CO Price Density |
| Price |
Predictive Modules for SECOM CO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SECOM LTD. 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.SECOM CO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SECOM CO is not an exception. The market had few large corrections towards the SECOM CO'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 SECOM LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SECOM CO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.05 |
SECOM CO 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 SECOM Stock often depends not only on the future outlook of the current and potential SECOM CO'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. SECOM CO's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 218.1 M |
SECOM CO Technical Analysis
SECOM CO's future price can be derived by breaking down and analyzing its technical indicators over time. SECOM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SECOM LTD. In general, you should focus on analyzing SECOM Stock price patterns and their correlations with different microeconomic environments and drivers.
SECOM CO Predictive Forecast Models
SECOM CO's time-series forecasting models is one of many SECOM CO'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 SECOM CO'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SECOM CO in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SECOM CO's short interest history, or implied volatility extrapolated from SECOM CO options trading.
Other Information on Investing in SECOM Stock
SECOM CO financial ratios help investors to determine whether SECOM 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 SECOM with respect to the benefits of owning SECOM CO security.