PROSUS NV (Germany) Probability of Future Stock Price Finishing Over 9.93
| 1YL Stock | EUR 7.70 0.05 0.65% |
PROSUS |
PROSUS NV Target Price Odds to finish over 9.93
The tendency of PROSUS 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 € 9.93 or more in 90 days |
| 7.70 | 90 days | 9.93 | near 1 |
Based on a normal probability distribution, the odds of PROSUS NV to move over € 9.93 or more in 90 days from now is near 1 (This PROSUS NV ADR probability density function shows the probability of PROSUS Stock to fall within a particular range of prices over 90 days) . Probability of PROSUS NV ADR price to stay between its current price of € 7.70 and € 9.93 at the end of the 90-day period is about 24.85 .
Assuming the 90 days horizon PROSUS NV has a beta of 0.33. This suggests as returns on the market go up, PROSUS NV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PROSUS NV ADR will be expected to be much smaller as well. Additionally PROSUS NV ADR has an alpha of 0.2252, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PROSUS NV Price Density |
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Predictive Modules for PROSUS NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PROSUS NV ADR. 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.PROSUS NV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PROSUS NV is not an exception. The market had few large corrections towards the PROSUS NV'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 PROSUS NV ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PROSUS NV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0.07 |
PROSUS NV Technical Analysis
PROSUS NV's future price can be derived by breaking down and analyzing its technical indicators over time. PROSUS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PROSUS NV ADR. In general, you should focus on analyzing PROSUS Stock price patterns and their correlations with different microeconomic environments and drivers.
PROSUS NV Predictive Forecast Models
PROSUS NV's time-series forecasting models is one of many PROSUS NV'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 PROSUS NV'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PROSUS NV in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PROSUS NV's short interest history, or implied volatility extrapolated from PROSUS NV options trading.
Other Information on Investing in PROSUS Stock
PROSUS NV financial ratios help investors to determine whether PROSUS 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 PROSUS with respect to the benefits of owning PROSUS NV security.