Arena Star (Israel) Probability of Future Stock Price Finishing Over 223.68
| ARNA Stock | ILS 216.70 3.20 1.50% |
Arena |
Arena Star Target Price Odds to finish over 223.68
The tendency of Arena 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 S 223.68 or more in 90 days |
| 216.70 | 90 days | 223.68 | about 80.7 |
Based on a normal probability distribution, the odds of Arena Star to move over S 223.68 or more in 90 days from now is about 80.7 (This Arena Star Group probability density function shows the probability of Arena Stock to fall within a particular range of prices over 90 days) . Probability of Arena Star Group price to stay between its current price of S 216.70 and S 223.68 at the end of the 90-day period is about 9.46 .
Assuming the 90 days trading horizon Arena Star Group has a beta of -0.18. This suggests as returns on the benchmark increase, returns on holding Arena Star are expected to decrease at a much lower rate. During a bear market, however, Arena Star Group is likely to outperform the market. Additionally Arena Star Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Arena Star Price Density |
| Price |
Predictive Modules for Arena Star
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Arena Star Group. 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 Arena Star'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.
Arena Star Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Arena Star is not an exception. The market had few large corrections towards the Arena Star'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 Arena Star Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Arena Star within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.31 | |
β | Beta against NYSE Composite | -0.18 | |
σ | Overall volatility | 16.47 | |
Ir | Information ratio | -0.13 |
Arena Star 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 Arena Star for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Arena Star Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Arena Star Group generated a negative expected return over the last 90 days | |
| Arena Star Group has accumulated 485.87 M in total debt. Arena Star Group has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Arena Star until it has trouble settling it off, either with new capital or with free cash flow. So, Arena Star's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arena Star Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arena to invest in growth at high rates of return. When we think about Arena Star's use of debt, we should always consider it together with cash and equity. | |
| About 74.0% of the company shares are held by company insiders |
Arena Star 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 Arena Stock often depends not only on the future outlook of the current and potential Arena Star'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. Arena Star's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 214.3 M |
Arena Star Technical Analysis
Arena Star's future price can be derived by breaking down and analyzing its technical indicators over time. Arena Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Arena Star Group. In general, you should focus on analyzing Arena Stock price patterns and their correlations with different microeconomic environments and drivers.
Arena Star Predictive Forecast Models
Arena Star's time-series forecasting models is one of many Arena Star'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 Arena Star'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 Arena Star Group
Checking the ongoing alerts about Arena Star for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Arena Star Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Arena Star Group generated a negative expected return over the last 90 days | |
| Arena Star Group has accumulated 485.87 M in total debt. Arena Star Group has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Arena Star until it has trouble settling it off, either with new capital or with free cash flow. So, Arena Star's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arena Star Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arena to invest in growth at high rates of return. When we think about Arena Star's use of debt, we should always consider it together with cash and equity. | |
| About 74.0% of the company shares are held by company insiders |
Other Information on Investing in Arena Stock
Arena Star financial ratios help investors to determine whether Arena Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Arena with respect to the benefits of owning Arena Star security.