Genfit SA (Germany) Probability of Future Stock Price Finishing Over 3.51
| XUP Stock | 3.54 0.13 3.81% |
Genfit |
Genfit SA Target Price Odds to finish over 3.51
The tendency of Genfit 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 stay above 3.51 in 90 days |
| 3.54 | 90 days | 3.51 | more than 94.0 |
Based on a normal probability distribution, the odds of Genfit SA to stay above 3.51 in 90 days from now is more than 94.0 (This Genfit SA probability density function shows the probability of Genfit Stock to fall within a particular range of prices over 90 days) . Probability of Genfit SA price to stay between 3.51 and its current price of 3.54 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Genfit SA has a beta of -0.0662. This entails as returns on the benchmark increase, returns on holding Genfit SA are expected to decrease at a much lower rate. During a bear market, however, Genfit SA is likely to outperform the market. Additionally Genfit SA has an alpha of 0.0154, implying that it can generate a 0.0154 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Genfit SA Price Density |
| Price |
Predictive Modules for Genfit SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genfit 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genfit SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Genfit SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genfit SA is not an exception. The market had few large corrections towards the Genfit SA'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 Genfit SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genfit SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | -0.0086 |
Genfit SA 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 Genfit SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genfit 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.| Genfit SA had very high historical volatility over the last 90 days | |
| About 13.0% of the company outstanding shares are owned by insiders |
Genfit SA 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 Genfit Stock often depends not only on the future outlook of the current and potential Genfit SA'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. Genfit SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.8 M |
Genfit SA Technical Analysis
Genfit SA's future price can be derived by breaking down and analyzing its technical indicators over time. Genfit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genfit SA. In general, you should focus on analyzing Genfit Stock price patterns and their correlations with different microeconomic environments and drivers.
Genfit SA Predictive Forecast Models
Genfit SA's time-series forecasting models is one of many Genfit SA'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 Genfit SA'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 Genfit SA
Checking the ongoing alerts about Genfit SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genfit SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genfit SA had very high historical volatility over the last 90 days | |
| About 13.0% of the company outstanding shares are owned by insiders |
Additional Tools for Genfit Stock Analysis
When running Genfit SA's price analysis, check to measure Genfit SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genfit SA is operating at the current time. Most of Genfit SA's value examination focuses on studying past and present price action to predict the probability of Genfit SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genfit SA's price. Additionally, you may evaluate how the addition of Genfit SA to your portfolios can decrease your overall portfolio volatility.