CREO MEDICAL (Germany) Probability of Future Stock Price Finishing Over 0.23
| 1RC Stock | EUR 0.21 0.01 4.55% |
CREO |
CREO MEDICAL Target Price Odds to finish over 0.23
The tendency of CREO 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 move over € 0.23 or more in 90 days |
| 0.21 | 90 days | 0.23 | about 25.74 |
Based on a normal probability distribution, the odds of CREO MEDICAL to move over € 0.23 or more in 90 days from now is about 25.74 (This CREO MEDICAL GRP probability density function shows the probability of CREO Stock to fall within a particular range of prices over 90 days) . Probability of CREO MEDICAL GRP price to stay between its current price of € 0.21 and € 0.23 at the end of the 90-day period is about 24.26 .
Assuming the 90 days horizon CREO MEDICAL has a beta of 0.79. This suggests as returns on the market go up, CREO MEDICAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CREO MEDICAL GRP will be expected to be much smaller as well. Additionally CREO MEDICAL GRP 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. CREO MEDICAL Price Density |
| Price |
Predictive Modules for CREO MEDICAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CREO MEDICAL GRP. 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.CREO MEDICAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CREO MEDICAL is not an exception. The market had few large corrections towards the CREO MEDICAL'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 CREO MEDICAL GRP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CREO MEDICAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.09 |
CREO MEDICAL 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 CREO MEDICAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CREO MEDICAL GRP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CREO MEDICAL GRP generated a negative expected return over the last 90 days | |
| CREO MEDICAL GRP has some characteristics of a very speculative penny stock | |
| CREO MEDICAL GRP has high historical volatility and very poor performance |
CREO MEDICAL Technical Analysis
CREO MEDICAL's future price can be derived by breaking down and analyzing its technical indicators over time. CREO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CREO MEDICAL GRP. In general, you should focus on analyzing CREO Stock price patterns and their correlations with different microeconomic environments and drivers.
CREO MEDICAL Predictive Forecast Models
CREO MEDICAL's time-series forecasting models is one of many CREO MEDICAL'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 CREO MEDICAL'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 CREO MEDICAL GRP
Checking the ongoing alerts about CREO MEDICAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CREO MEDICAL GRP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CREO MEDICAL GRP generated a negative expected return over the last 90 days | |
| CREO MEDICAL GRP has some characteristics of a very speculative penny stock | |
| CREO MEDICAL GRP has high historical volatility and very poor performance |
Other Information on Investing in CREO Stock
CREO MEDICAL financial ratios help investors to determine whether CREO Stock 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 CREO with respect to the benefits of owning CREO MEDICAL security.