Nova Europe (Germany) Probability of Future Fund Price Finishing Under 221.95
| 0P00011MNK | EUR 209.18 2.75 1.30% |
Nova |
Nova Europe Target Price Odds to finish below 221.95
The tendency of Nova Fund 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 under € 221.95 after 90 days |
| 209.18 | 90 days | 221.95 | about 78.37 |
Based on a normal probability distribution, the odds of Nova Europe to stay under € 221.95 after 90 days from now is about 78.37 (This Nova Europe ISR probability density function shows the probability of Nova Fund to fall within a particular range of prices over 90 days) . Probability of Nova Europe ISR price to stay between its current price of € 209.18 and € 221.95 at the end of the 90-day period is about 75.68 .
Assuming the 90 days trading horizon Nova Europe has a beta of 0.13. This suggests as returns on the market go up, Nova Europe average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nova Europe ISR will be expected to be much smaller as well. Additionally Nova Europe ISR 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. Nova Europe Price Density |
| Price |
Predictive Modules for Nova Europe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nova Europe ISR. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.Nova Europe Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nova Europe is not an exception. The market had few large corrections towards the Nova Europe'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 Nova Europe ISR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nova Europe within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 4.78 | |
Ir | Information ratio | -0.22 |
Nova Europe 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 Nova Europe for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nova Europe ISR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nova Europe ISR generated a negative expected return over the last 90 days | |
| The fund holds all of the total net assets in various exotic instrument |
Nova Europe 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 Nova Fund often depends not only on the future outlook of the current and potential Nova Europe'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. Nova Europe's indicators that are reflective of the short sentiment are summarized in the table below.
Nova Europe Technical Analysis
Nova Europe's future price can be derived by breaking down and analyzing its technical indicators over time. Nova Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nova Europe ISR. In general, you should focus on analyzing Nova Fund price patterns and their correlations with different microeconomic environments and drivers.
Nova Europe Predictive Forecast Models
Nova Europe's time-series forecasting models is one of many Nova Europe's fund 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 Nova Europe'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 fund market movement and maximize returns from investment trading.
Things to note about Nova Europe ISR
Checking the ongoing alerts about Nova Europe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nova Europe ISR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nova Europe ISR generated a negative expected return over the last 90 days | |
| The fund holds all of the total net assets in various exotic instrument |
Other Information on Investing in Nova Fund
Nova Europe financial ratios help investors to determine whether Nova Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Europe security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |