Vallourec (Germany) Probability of Target Price Finishing Over Current Price

    VACC -- Germany Stock  

    EUR 6.83  0.02  0.29%

    Vallourec probability of target price tool provides mechanism to make assumptions about upside and downside potential of Vallourec S A EO Conv Bonds 2 performance during a given time horizon utilizing its historical volatility. Please specify Vallourec time horizon, a valid symbol (red box) and a target price (blue box) you would like Vallourec odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    Vallourec Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6.83 30 days 6.83  ABOUT 75.95%
    Based on normal probability distribution, the odds of Vallourec to move above current price in 30 days from now is about 75.95% (This Vallourec S A EO Conv Bonds 2 probability density function shows the probability of Vallourec Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Vallourec has beta of 0.0754 . This entails as returns on market go up, Vallourec average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Vallourec S A EO Conv Bonds 2 will be expected to be much smaller as well. Additionally Vallourec S A EO Conv Bonds 2 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Vallourec Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.21
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =0.24
    Ir
    Information ratio =0.02

    Vallourec Alerts

    Vallourec Alerts and Suggestions

    Vallourec S A is not yet fully synchronised with the market data
    Vallourec S A generates negative expected return over the last 30 days
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