Eurotech SpA (Germany) Probability of Future Stock Price Finishing Over 2.66
| E5T Stock | EUR 1.55 0.02 1.27% |
Eurotech |
Eurotech SpA Target Price Odds to finish over 2.66
The tendency of Eurotech 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 € 2.66 or more in 90 days |
| 1.55 | 90 days | 2.66 | near 1 |
Based on a normal probability distribution, the odds of Eurotech SpA to move over € 2.66 or more in 90 days from now is near 1 (This Eurotech SpA probability density function shows the probability of Eurotech Stock to fall within a particular range of prices over 90 days) . Probability of Eurotech SpA price to stay between its current price of € 1.55 and € 2.66 at the end of the 90-day period is about 98.0 .
Assuming the 90 days horizon Eurotech SpA has a beta of 0.0937 suggesting as returns on the market go up, Eurotech SpA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eurotech SpA will be expected to be much smaller as well. Additionally Eurotech SpA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Eurotech SpA Price Density |
| Price |
Predictive Modules for Eurotech SpA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eurotech SpA. 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 Eurotech SpA'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.
Eurotech SpA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eurotech SpA is not an exception. The market had few large corrections towards the Eurotech SpA'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 Eurotech SpA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eurotech SpA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.52 | |
β | Beta against NYSE Composite | 0.09 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.2 |
Eurotech SpA 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 Eurotech SpA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eurotech SpA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eurotech SpA generated a negative expected return over the last 90 days | |
| Eurotech SpA may become a speculative penny stock | |
| The company reported the revenue of 63.35 M. Net Loss for the year was (10.41 M) with profit before overhead, payroll, taxes, and interest of 29.68 M. | |
| About 20.0% of the company shares are held by company insiders |
Eurotech SpA 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 Eurotech Stock often depends not only on the future outlook of the current and potential Eurotech SpA'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. Eurotech SpA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.4 M |
Eurotech SpA Technical Analysis
Eurotech SpA's future price can be derived by breaking down and analyzing its technical indicators over time. Eurotech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eurotech SpA. In general, you should focus on analyzing Eurotech Stock price patterns and their correlations with different microeconomic environments and drivers.
Eurotech SpA Predictive Forecast Models
Eurotech SpA's time-series forecasting models is one of many Eurotech SpA'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 Eurotech SpA'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 Eurotech SpA
Checking the ongoing alerts about Eurotech SpA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eurotech SpA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eurotech SpA generated a negative expected return over the last 90 days | |
| Eurotech SpA may become a speculative penny stock | |
| The company reported the revenue of 63.35 M. Net Loss for the year was (10.41 M) with profit before overhead, payroll, taxes, and interest of 29.68 M. | |
| About 20.0% of the company shares are held by company insiders |
Check out Eurotech SpA Backtesting, Eurotech SpA Valuation, Eurotech SpA Correlation, Eurotech SpA Hype Analysis, Eurotech SpA Volatility, Eurotech SpA History as well as Eurotech SpA Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Eurotech Stock analysis
When running Eurotech SpA's price analysis, check to measure Eurotech SpA'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 Eurotech SpA is operating at the current time. Most of Eurotech SpA's value examination focuses on studying past and present price action to predict the probability of Eurotech SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eurotech SpA's price. Additionally, you may evaluate how the addition of Eurotech SpA to your portfolios can decrease your overall portfolio volatility.
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