HK Electric (Germany) Probability of Future Stock Price Finishing Over 0.57
| HKT Stock | 0.57 0.01 1.72% |
HKT |
HK Electric Target Price Odds to finish over 0.57
The tendency of HKT 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 above the current price in 90 days |
| 0.57 | 90 days | 0.57 | about 23.85 |
Based on a normal probability distribution, the odds of HK Electric to move above the current price in 90 days from now is about 23.85 (This HK Electric Investments probability density function shows the probability of HKT Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.13 . This usually indicates HK Electric Investments market returns are related to returns on the market. As the market goes up or down, HK Electric is expected to follow. Additionally HK Electric Investments has an alpha of 0.637, implying that it can generate a 0.64 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). HK Electric Price Density |
| Price |
Predictive Modules for HK Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HK Electric Investments. 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 HK Electric'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.
HK Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HK Electric is not an exception. The market had few large corrections towards the HK Electric'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 HK Electric Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HK Electric within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.64 | |
β | Beta against NYSE Composite | 1.13 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.15 |
HK Electric 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 HK Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HK Electric Investments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HK Electric has some characteristics of a very speculative penny stock | |
| HK Electric appears to be risky and price may revert if volatility continues |
HK Electric 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 HKT Stock often depends not only on the future outlook of the current and potential HK Electric'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. HK Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.8 B | |
| Dividend Yield | 0.3741 | |
| Short Long Term Debt | 1.2 B |
HK Electric Technical Analysis
HK Electric's future price can be derived by breaking down and analyzing its technical indicators over time. HKT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HK Electric Investments. In general, you should focus on analyzing HKT Stock price patterns and their correlations with different microeconomic environments and drivers.
HK Electric Predictive Forecast Models
HK Electric's time-series forecasting models is one of many HK Electric'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 HK Electric'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 HK Electric Investments
Checking the ongoing alerts about HK Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HK Electric Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HK Electric has some characteristics of a very speculative penny stock | |
| HK Electric appears to be risky and price may revert if volatility continues |
Additional Tools for HKT Stock Analysis
When running HK Electric's price analysis, check to measure HK Electric'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 HK Electric is operating at the current time. Most of HK Electric's value examination focuses on studying past and present price action to predict the probability of HK Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HK Electric's price. Additionally, you may evaluate how the addition of HK Electric to your portfolios can decrease your overall portfolio volatility.