STMicroelectronics (UK) Probability of Future Stock Price Finishing Over 34.12

0INB Stock   24.77  0.44  1.81%   
STMicroelectronics' future price is the expected price of STMicroelectronics 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 STMicroelectronics NV performance during a given time horizon utilizing its historical volatility. Check out STMicroelectronics Backtesting, STMicroelectronics Valuation, STMicroelectronics Correlation, STMicroelectronics Hype Analysis, STMicroelectronics Volatility, STMicroelectronics History as well as STMicroelectronics Performance.
  
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STMicroelectronics Target Price Odds to finish over 34.12

The tendency of STMicroelectronics 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 PriceHorizonTarget PriceOdds to move over  34.12  or more in 90 days
 24.77 90 days 34.12 
near 1
Based on a normal probability distribution, the odds of STMicroelectronics to move over  34.12  or more in 90 days from now is near 1 (This STMicroelectronics NV probability density function shows the probability of STMicroelectronics Stock to fall within a particular range of prices over 90 days) . Probability of STMicroelectronics price to stay between its current price of  24.77  and  34.12  at the end of the 90-day period is about 67.56 .
Assuming the 90 days trading horizon STMicroelectronics has a beta of 0.63. This suggests as returns on the market go up, STMicroelectronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding STMicroelectronics NV will be expected to be much smaller as well. Additionally STMicroelectronics NV has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   STMicroelectronics Price Density   
       Price  

Predictive Modules for STMicroelectronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STMicroelectronics. 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.
Hype
Prediction
LowEstimatedHigh
22.4324.7327.03
Details
Intrinsic
Valuation
LowRealHigh
22.6524.9527.25
Details
Naive
Forecast
LowNextHigh
22.9825.2827.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.7024.2924.88
Details

STMicroelectronics Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. STMicroelectronics is not an exception. The market had few large corrections towards the STMicroelectronics' 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 STMicroelectronics NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of STMicroelectronics within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.19
β
Beta against Dow Jones0.63
σ
Overall volatility
0.90
Ir
Information ratio -0.11

STMicroelectronics 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 STMicroelectronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for STMicroelectronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
STMicroelectronics generated a negative expected return over the last 90 days
About 28.0% of the company shares are owned by insiders or employees

STMicroelectronics Technical Analysis

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

STMicroelectronics Predictive Forecast Models

STMicroelectronics' time-series forecasting models is one of many STMicroelectronics' 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 STMicroelectronics' 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 STMicroelectronics

Checking the ongoing alerts about STMicroelectronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for STMicroelectronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
STMicroelectronics generated a negative expected return over the last 90 days
About 28.0% of the company shares are owned by insiders or employees

Additional Tools for STMicroelectronics Stock Analysis

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