ZON OPTIMUS (Germany) Probability of Future Stock Price Finishing Over 2.95
| PMV Stock | EUR 3.28 0.14 4.09% |
ZON |
ZON OPTIMUS Target Price Odds to finish over 2.95
The tendency of ZON 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 stay above € 2.95 in 90 days |
| 3.28 | 90 days | 2.95 | about 71.31 |
Based on a normal probability distribution, the odds of ZON OPTIMUS to stay above € 2.95 in 90 days from now is about 71.31 (This ZON OPTIMUS probability density function shows the probability of ZON Stock to fall within a particular range of prices over 90 days) . Probability of ZON OPTIMUS price to stay between € 2.95 and its current price of €3.28 at the end of the 90-day period is about 64.63 .
Assuming the 90 days trading horizon ZON OPTIMUS has a beta of -0.0469 indicating as returns on the benchmark increase, returns on holding ZON OPTIMUS are expected to decrease at a much lower rate. During a bear market, however, ZON OPTIMUS is likely to outperform the market. Additionally ZON OPTIMUS has an alpha of 0.2263, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ZON OPTIMUS Price Density |
| Price |
Predictive Modules for ZON OPTIMUS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZON OPTIMUS. 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 ZON OPTIMUS'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.
ZON OPTIMUS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZON OPTIMUS is not an exception. The market had few large corrections towards the ZON OPTIMUS'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 ZON OPTIMUS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZON OPTIMUS within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.23 | |
β | Beta against NYSE Composite | -0.05 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.11 |
ZON OPTIMUS 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 ZON Stock often depends not only on the future outlook of the current and potential ZON OPTIMUS'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. ZON OPTIMUS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 512.2 M | |
| Dividends Paid | 142.4 M | |
| Short Long Term Debt | 235.7 M |
ZON OPTIMUS Technical Analysis
ZON OPTIMUS's future price can be derived by breaking down and analyzing its technical indicators over time. ZON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZON OPTIMUS. In general, you should focus on analyzing ZON Stock price patterns and their correlations with different microeconomic environments and drivers.
ZON OPTIMUS Predictive Forecast Models
ZON OPTIMUS's time-series forecasting models is one of many ZON OPTIMUS'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 ZON OPTIMUS'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 ZON OPTIMUS 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, ZON OPTIMUS's short interest history, or implied volatility extrapolated from ZON OPTIMUS options trading.
Check out ZON OPTIMUS Backtesting, ZON OPTIMUS Valuation, ZON OPTIMUS Correlation, ZON OPTIMUS Hype Analysis, ZON OPTIMUS Volatility, ZON OPTIMUS History as well as ZON OPTIMUS 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 ZON Stock analysis
When running ZON OPTIMUS's price analysis, check to measure ZON OPTIMUS'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 ZON OPTIMUS is operating at the current time. Most of ZON OPTIMUS's value examination focuses on studying past and present price action to predict the probability of ZON OPTIMUS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZON OPTIMUS's price. Additionally, you may evaluate how the addition of ZON OPTIMUS to your portfolios can decrease your overall portfolio volatility.
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