Afarak Group (Finland) Probability of Future Stock Price Finishing Under 0.34
| AFAGR Stock | EUR 0.32 0.01 3.03% |
Afarak |
Afarak Group Target Price Odds to finish below 0.34
The tendency of Afarak 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 under € 0.34 after 90 days |
| 0.32 | 90 days | 0.34 | about 12.53 |
Based on a normal probability distribution, the odds of Afarak Group to stay under € 0.34 after 90 days from now is about 12.53 (This Afarak Group Oyj probability density function shows the probability of Afarak Stock to fall within a particular range of prices over 90 days) . Probability of Afarak Group Oyj price to stay between its current price of € 0.32 and € 0.34 at the end of the 90-day period is about 11.54 .
Assuming the 90 days trading horizon Afarak Group has a beta of 0.23. This suggests as returns on the market go up, Afarak Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Afarak Group Oyj will be expected to be much smaller as well. Additionally Afarak Group Oyj has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Afarak Group Price Density |
| Price |
Predictive Modules for Afarak Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Afarak Group Oyj. 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 Afarak Group'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.
Afarak Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Afarak Group is not an exception. The market had few large corrections towards the Afarak Group'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 Afarak Group Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Afarak Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.27 | |
β | Beta against NYSE Composite | 0.23 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.12 |
Afarak Group 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 Afarak Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Afarak Group Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Afarak Group Oyj generated a negative expected return over the last 90 days | |
| Afarak Group Oyj has some characteristics of a very speculative penny stock | |
| About 24.0% of the company shares are held by company insiders |
Afarak Group 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 Afarak Stock often depends not only on the future outlook of the current and potential Afarak Group'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. Afarak Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 246.4 M |
Afarak Group Technical Analysis
Afarak Group's future price can be derived by breaking down and analyzing its technical indicators over time. Afarak Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Afarak Group Oyj. In general, you should focus on analyzing Afarak Stock price patterns and their correlations with different microeconomic environments and drivers.
Afarak Group Predictive Forecast Models
Afarak Group's time-series forecasting models is one of many Afarak Group'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 Afarak Group'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 Afarak Group Oyj
Checking the ongoing alerts about Afarak Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Afarak Group Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Afarak Group Oyj generated a negative expected return over the last 90 days | |
| Afarak Group Oyj has some characteristics of a very speculative penny stock | |
| About 24.0% of the company shares are held by company insiders |
Check out Afarak Group Backtesting, Afarak Group Valuation, Afarak Group Correlation, Afarak Group Hype Analysis, Afarak Group Volatility, Afarak Group History as well as Afarak Group Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Afarak Stock analysis
When running Afarak Group's price analysis, check to measure Afarak Group'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 Afarak Group is operating at the current time. Most of Afarak Group's value examination focuses on studying past and present price action to predict the probability of Afarak Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afarak Group's price. Additionally, you may evaluate how the addition of Afarak Group to your portfolios can decrease your overall portfolio volatility.
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