AURUBIS (Germany) Odds of Future Stock Price Finishing Over 74.1
| NDA Stock | EUR 73.25 0.70 0.95% |
AURUBIS |
AURUBIS Target Price Odds to finish over 74.1
The tendency of AURUBIS 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 € 74.10 or more in 90 days |
| 73.25 | 90 days | 74.10 | roughly 2.3 |
Based on a normal probability distribution, the odds of AURUBIS to move over € 74.10 or more in 90 days from now is roughly 2.3 (This AURUBIS probability density function shows the probability of AURUBIS Stock to fall within a particular range of prices over 90 days) . Probability of AURUBIS price to stay between its current price of € 73.25 and € 74.10 at the end of the 90-day period is about 1.13 .
Assuming the 90 days trading horizon AURUBIS has a beta of -0.65. This indicates as returns on the benchmark increase, returns on holding AURUBIS are expected to decrease at a much lower rate. During a bear market, however, AURUBIS is likely to outperform the market. Additionally AURUBIS has an alpha of 0.2575, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). AURUBIS Price Density |
| Price |
Predictive Modules for AURUBIS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AURUBIS. 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 AURUBIS'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.
AURUBIS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AURUBIS is not an exception. The market had few large corrections towards the AURUBIS'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 AURUBIS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AURUBIS within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.26 | |
β | Beta against NYSE Composite | -0.65 | |
σ | Overall volatility | 4.88 | |
Ir | Information ratio | 0.06 |
AURUBIS 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 AURUBIS Stock often depends not only on the future outlook of the current and potential AURUBIS'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. AURUBIS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.7 M | |
| Dividends Paid | 70.1 M | |
| Short Long Term Debt | 105.9 M |
AURUBIS Technical Analysis
AURUBIS's future price can be derived by breaking down and analyzing its technical indicators over time. AURUBIS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AURUBIS. In general, you should focus on analyzing AURUBIS Stock price patterns and their correlations with different microeconomic environments and drivers.
AURUBIS Predictive Forecast Models
AURUBIS's time-series forecasting models is one of many AURUBIS'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 AURUBIS'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 AURUBIS 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, AURUBIS's short interest history, or implied volatility extrapolated from AURUBIS options trading.
Check out AURUBIS Backtesting, AURUBIS Valuation, AURUBIS Correlation, AURUBIS Hype Analysis, AURUBIS Volatility, AURUBIS History as well as AURUBIS Performance. Note that the AURUBIS information on this page should be used as a complementary analysis to other AURUBIS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for AURUBIS Stock analysis
When running AURUBIS's price analysis, check to measure AURUBIS'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 AURUBIS is operating at the current time. Most of AURUBIS's value examination focuses on studying past and present price action to predict the probability of AURUBIS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AURUBIS's price. Additionally, you may evaluate how the addition of AURUBIS to your portfolios can decrease your overall portfolio volatility.
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