Stonehenge Globale (Denmark) Probability of Future Stock Price Finishing Over 159.78
| SHIGVAKL | DKK 164.09 0.47 0.29% |
Stonehenge |
Stonehenge Globale Target Price Odds to finish over 159.78
The tendency of Stonehenge 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 kr 159.78 in 90 days |
| 164.09 | 90 days | 159.78 | about 88.45 |
Based on a normal probability distribution, the odds of Stonehenge Globale to stay above kr 159.78 in 90 days from now is about 88.45 (This Stonehenge Globale Valueaktier probability density function shows the probability of Stonehenge Stock to fall within a particular range of prices over 90 days) . Probability of Stonehenge Globale price to stay between kr 159.78 and its current price of kr164.09 at the end of the 90-day period is about 52.22 .
Assuming the 90 days trading horizon Stonehenge Globale Valueaktier has a beta of -0.0988. This usually implies as returns on the benchmark increase, returns on holding Stonehenge Globale are expected to decrease at a much lower rate. During a bear market, however, Stonehenge Globale Valueaktier is likely to outperform the market. Additionally Stonehenge Globale Valueaktier has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Stonehenge Globale Price Density |
| Price |
Predictive Modules for Stonehenge Globale
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stonehenge Globale. 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 Stonehenge Globale'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.
Stonehenge Globale Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stonehenge Globale is not an exception. The market had few large corrections towards the Stonehenge Globale'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 Stonehenge Globale Valueaktier, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stonehenge Globale within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -0.1 | |
σ | Overall volatility | 2.78 | |
Ir | Information ratio | -0.16 |
Stonehenge Globale Technical Analysis
Stonehenge Globale's future price can be derived by breaking down and analyzing its technical indicators over time. Stonehenge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stonehenge Globale Valueaktier. In general, you should focus on analyzing Stonehenge Stock price patterns and their correlations with different microeconomic environments and drivers.
Stonehenge Globale Predictive Forecast Models
Stonehenge Globale's time-series forecasting models is one of many Stonehenge Globale'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 Stonehenge Globale'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 Stonehenge Globale 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, Stonehenge Globale's short interest history, or implied volatility extrapolated from Stonehenge Globale options trading.
Check out Stonehenge Globale Backtesting, Stonehenge Globale Valuation, Stonehenge Globale Correlation, Stonehenge Globale Hype Analysis, Stonehenge Globale Volatility, Stonehenge Globale History as well as Stonehenge Globale Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Stonehenge Stock analysis
When running Stonehenge Globale's price analysis, check to measure Stonehenge Globale'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 Stonehenge Globale is operating at the current time. Most of Stonehenge Globale's value examination focuses on studying past and present price action to predict the probability of Stonehenge Globale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stonehenge Globale's price. Additionally, you may evaluate how the addition of Stonehenge Globale to your portfolios can decrease your overall portfolio volatility.
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