IRISH RES (Ireland) Probability of Future Stock Price Finishing Over 1.54

IRES -  Ireland Stock  

EUR 1.54  0.02  1.32%

IRISH RES's future price is the expected price of IRISH RES instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of IRISH RES PROP performance during a given time horizon utilizing its historical volatility.

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Please see IRISH RES Backtesting, IRISH RES Valuation, IRISH RES Correlation, IRISH RES Hype Analysis, IRISH RES Volatility, IRISH RES History as well as IRISH RES Performance. Please specify IRISH RES time horizon, a valid symbol (red box) and a target price (blue box) you would like IRISH RES odds to be computed.
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IRISH RES Target Price Odds to finish over 1.54

The tendency of IRISH 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 foresting. 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 1.54 90 days 1.54  about 50.0
Based on a normal probability distribution, the odds of IRISH RES to move above the current price in 90 days from now is about 50.0 (This IRISH RES PROP probability density function shows the probability of IRISH Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon IRISH RES PROP has a beta of -0.47. This usually indicates as returns on benchmark increase, returns on holding IRISH RES are expected to decrease at a much lower rate. During the bear market, however, IRISH RES PROP is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. IRISH RES PROP is significantly underperforming DOW.
 IRISH RES Price Density 
      Price 

Predictive Modules for IRISH RES

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IRISH RES PROP. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of IRISH RES'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. Please use the tools below to analyze the current value of IRISH RES in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.031.543.05
Details
Intrinsic
Valuation
LowReal ValueHigh
0.061.292.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.501.541.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IRISH RES. Your research has to be compared to or analyzed against IRISH RES's peers to derive any actionable benefits. When done correctly, IRISH RES's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in IRISH RES PROP.

IRISH RES Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. IRISH RES is not an exception. The market had few large corrections towards the IRISH RES'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 IRISH RES PROP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IRISH RES within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.17
β
Beta against DOW-0.47
σ
Overall volatility
0.026318
Ir
Information ratio -0.0016

IRISH RES 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 IRISH RES for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IRISH RES PROP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
IRISH RES PROP generates negative expected return over the last 90 days
IRISH RES PROP may become a speculative penny stock
IRISH RES PROP has high likelihood to experience some financial distress in the next 2 years
About 75.0% of the company shares are owned by institutional investors

IRISH RES 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 IRISH Stock often depends not only on the future outlook of the current and potential IRISH RES'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. IRISH RES's indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate0.06
Float Shares399.65M
Average Daily Volume Last 10 Day305.35k
Average Daily Volume In Three Month432.68k
Trailing Annual Dividend Yield3.92%

IRISH RES Technical Analysis

IRISH RES's future price can be derived by breaking down and analyzing its technical indicators over time. IRISH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IRISH RES PROP. In general, you should focus on analyzing IRISH Stock price patterns and their correlations with different microeconomic environments and drivers.

IRISH RES Predictive Forecast Models

IRISH RES time-series forecasting models is one of many IRISH RES's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary IRISH RES'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 IRISH RES PROP

Checking the ongoing alerts about IRISH RES for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IRISH RES PROP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

IRISH RES Alerts

IRISH RES Alerts and Suggestions

IRISH RES PROP generates negative expected return over the last 90 days
IRISH RES PROP may become a speculative penny stock
IRISH RES PROP has high likelihood to experience some financial distress in the next 2 years
About 75.0% of the company shares are owned by institutional investors
Please see IRISH RES Backtesting, IRISH RES Valuation, IRISH RES Correlation, IRISH RES Hype Analysis, IRISH RES Volatility, IRISH RES History as well as IRISH RES Performance. Note that the IRISH RES PROP information on this page should be used as a complementary analysis to other IRISH RES'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Other Tools for IRISH Stock

When running IRISH RES PROP price analysis, check to measure IRISH RES'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 IRISH RES is operating at the current time. Most of IRISH RES's value examination focuses on studying past and present price action to predict the probability of IRISH RES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IRISH RES's price. Additionally, you may evaluate how the addition of IRISH RES to your portfolios can decrease your overall portfolio volatility.
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