KAUFMAN ET (Germany) Probability of Future Stock Price Finishing Under 32.4
| 3GH Stock | EUR 31.30 0.30 0.95% |
KAUFMAN |
KAUFMAN ET Target Price Odds to finish below 32.4
The tendency of KAUFMAN 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 stay under € 32.40 after 90 days |
| 31.30 | 90 days | 32.40 | about 39.38 |
Based on a normal probability distribution, the odds of KAUFMAN ET to stay under € 32.40 after 90 days from now is about 39.38 (This KAUFMAN ET BROAD probability density function shows the probability of KAUFMAN Stock to fall within a particular range of prices over 90 days) . Probability of KAUFMAN ET BROAD price to stay between its current price of € 31.30 and € 32.40 at the end of the 90-day period is about 26.85 .
Assuming the 90 days trading horizon KAUFMAN ET BROAD has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding KAUFMAN ET are expected to decrease at a much lower rate. During a bear market, however, KAUFMAN ET BROAD is likely to outperform the market. Additionally KAUFMAN ET BROAD has an alpha of 0.0088, implying that it can generate a 0.008757 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KAUFMAN ET Price Density |
| Price |
Predictive Modules for KAUFMAN ET
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KAUFMAN ET BROAD. 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.KAUFMAN ET Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KAUFMAN ET is not an exception. The market had few large corrections towards the KAUFMAN ET'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 KAUFMAN ET BROAD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KAUFMAN ET within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | -0.07 |
KAUFMAN ET 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 KAUFMAN Stock often depends not only on the future outlook of the current and potential KAUFMAN ET'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. KAUFMAN ET's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21 M | |
| Dividends Paid | -39.3 M | |
| Short Long Term Debt | 4.2 M |
KAUFMAN ET Technical Analysis
KAUFMAN ET's future price can be derived by breaking down and analyzing its technical indicators over time. KAUFMAN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KAUFMAN ET BROAD. In general, you should focus on analyzing KAUFMAN Stock price patterns and their correlations with different microeconomic environments and drivers.
KAUFMAN ET Predictive Forecast Models
KAUFMAN ET's time-series forecasting models is one of many KAUFMAN ET'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 KAUFMAN ET'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 KAUFMAN ET 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, KAUFMAN ET's short interest history, or implied volatility extrapolated from KAUFMAN ET options trading.
Other Information on Investing in KAUFMAN Stock
KAUFMAN ET financial ratios help investors to determine whether KAUFMAN 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 KAUFMAN with respect to the benefits of owning KAUFMAN ET security.