AS Latvijas (Germany) Probability of Future Stock Price Finishing Over 11.0
| UMA Stock | EUR 9.22 0.02 0.22% |
UMA |
AS Latvijas Target Price Odds to finish over 11.0
The tendency of UMA 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 € 11.00 or more in 90 days |
| 9.22 | 90 days | 11.00 | close to zero percent |
Based on a normal probability distribution, the odds of AS Latvijas to move over € 11.00 or more in 90 days from now is close to zero percent (This AS Latvijas Gaze probability density function shows the probability of UMA Stock to fall within a particular range of prices over 90 days) . Probability of AS Latvijas Gaze price to stay between its current price of € 9.22 and € 11.00 at the end of the 90-day period is about 66.91 .
Assuming the 90 days horizon AS Latvijas Gaze has a beta of -0.23. This usually implies as returns on the benchmark increase, returns on holding AS Latvijas are expected to decrease at a much lower rate. During a bear market, however, AS Latvijas Gaze is likely to outperform the market. Additionally AS Latvijas Gaze has an alpha of 0.0319, implying that it can generate a 0.0319 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). AS Latvijas Price Density |
| Price |
Predictive Modules for AS Latvijas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AS Latvijas Gaze. 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 AS Latvijas' 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.
AS Latvijas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AS Latvijas is not an exception. The market had few large corrections towards the AS Latvijas' 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 AS Latvijas Gaze, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AS Latvijas within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.23 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.02 |
AS Latvijas 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 AS Latvijas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AS Latvijas Gaze can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AS Latvijas Gaze generated a negative expected return over the last 90 days | |
| AS Latvijas Gaze has accumulated about 87.35 M in cash with (54.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19. | |
| Roughly 97.0% of the company outstanding shares are owned by insiders |
AS Latvijas 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 UMA Stock often depends not only on the future outlook of the current and potential AS Latvijas' 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. AS Latvijas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.9 M |
AS Latvijas Technical Analysis
AS Latvijas' future price can be derived by breaking down and analyzing its technical indicators over time. UMA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AS Latvijas Gaze. In general, you should focus on analyzing UMA Stock price patterns and their correlations with different microeconomic environments and drivers.
AS Latvijas Predictive Forecast Models
AS Latvijas' time-series forecasting models is one of many AS Latvijas' 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 AS Latvijas' 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 AS Latvijas Gaze
Checking the ongoing alerts about AS Latvijas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AS Latvijas Gaze help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AS Latvijas Gaze generated a negative expected return over the last 90 days | |
| AS Latvijas Gaze has accumulated about 87.35 M in cash with (54.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19. | |
| Roughly 97.0% of the company outstanding shares are owned by insiders |
Check out AS Latvijas Backtesting, AS Latvijas Valuation, AS Latvijas Correlation, AS Latvijas Hype Analysis, AS Latvijas Volatility, AS Latvijas History as well as AS Latvijas Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for UMA Stock analysis
When running AS Latvijas' price analysis, check to measure AS Latvijas' 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 AS Latvijas is operating at the current time. Most of AS Latvijas' value examination focuses on studying past and present price action to predict the probability of AS Latvijas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AS Latvijas' price. Additionally, you may evaluate how the addition of AS Latvijas to your portfolios can decrease your overall portfolio volatility.
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