Shapir Engineering (Israel) Probability of Future Stock Price Finishing Over 1193.1
| SPEN Stock | ILS 1,933 3.00 0.16% |
Shapir |
Shapir Engineering Target Price Odds to finish over 1193.1
The tendency of Shapir 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 S 1,193 in 90 days |
| 1,933 | 90 days | 1,193 | close to 99 |
Based on a normal probability distribution, the odds of Shapir Engineering to stay above S 1,193 in 90 days from now is close to 99 (This Shapir Engineering Industry probability density function shows the probability of Shapir Stock to fall within a particular range of prices over 90 days) . Probability of Shapir Engineering price to stay between S 1,193 and its current price of S1933.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Shapir Engineering has a beta of 0.12. This usually implies as returns on the market go up, Shapir Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shapir Engineering Industry will be expected to be much smaller as well. Additionally Shapir Engineering Industry has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Shapir Engineering Price Density |
| Price |
Predictive Modules for Shapir Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shapir Engineering. 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 Shapir Engineering'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.
Shapir Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shapir Engineering is not an exception. The market had few large corrections towards the Shapir Engineering'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 Shapir Engineering Industry, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shapir Engineering within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.26 | |
β | Beta against NYSE Composite | 0.12 | |
σ | Overall volatility | 108.19 | |
Ir | Information ratio | -0.16 |
Shapir Engineering 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 Shapir Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shapir Engineering can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shapir Engineering generated a negative expected return over the last 90 days | |
| Shapir Engineering has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Shapir Engineering 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 Shapir Stock often depends not only on the future outlook of the current and potential Shapir Engineering'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. Shapir Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 357.3 M |
Shapir Engineering Technical Analysis
Shapir Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. Shapir Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shapir Engineering Industry. In general, you should focus on analyzing Shapir Stock price patterns and their correlations with different microeconomic environments and drivers.
Shapir Engineering Predictive Forecast Models
Shapir Engineering's time-series forecasting models is one of many Shapir Engineering'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 Shapir Engineering'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 Shapir Engineering
Checking the ongoing alerts about Shapir Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shapir Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shapir Engineering generated a negative expected return over the last 90 days | |
| Shapir Engineering has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Check out Shapir Engineering Backtesting, Shapir Engineering Valuation, Shapir Engineering Correlation, Shapir Engineering Hype Analysis, Shapir Engineering Volatility, Shapir Engineering History as well as Shapir Engineering Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Shapir Stock analysis
When running Shapir Engineering's price analysis, check to measure Shapir Engineering'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 Shapir Engineering is operating at the current time. Most of Shapir Engineering's value examination focuses on studying past and present price action to predict the probability of Shapir Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapir Engineering's price. Additionally, you may evaluate how the addition of Shapir Engineering to your portfolios can decrease your overall portfolio volatility.
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