SHIP HEALTHCARE (Germany) Probability of Future Stock Price Finishing Under 11.15
| 5EZ Stock | EUR 13.30 0.10 0.76% |
SHIP |
SHIP HEALTHCARE Target Price Odds to finish below 11.15
The tendency of SHIP 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 drop to € 11.15 or more in 90 days |
| 13.30 | 90 days | 11.15 | near 1 |
Based on a normal probability distribution, the odds of SHIP HEALTHCARE to drop to € 11.15 or more in 90 days from now is near 1 (This SHIP HEALTHCARE HLDGINC probability density function shows the probability of SHIP Stock to fall within a particular range of prices over 90 days) . Probability of SHIP HEALTHCARE HLDGINC price to stay between € 11.15 and its current price of €13.3 at the end of the 90-day period is about 37.37 .
Assuming the 90 days horizon SHIP HEALTHCARE HLDGINC has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding SHIP HEALTHCARE are expected to decrease at a much lower rate. During a bear market, however, SHIP HEALTHCARE HLDGINC is likely to outperform the market. Additionally SHIP HEALTHCARE HLDGINC has an alpha of 0.0506, implying that it can generate a 0.0506 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SHIP HEALTHCARE Price Density |
| Price |
Predictive Modules for SHIP HEALTHCARE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SHIP HEALTHCARE HLDGINC. 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.SHIP HEALTHCARE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SHIP HEALTHCARE is not an exception. The market had few large corrections towards the SHIP HEALTHCARE'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 SHIP HEALTHCARE HLDGINC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SHIP HEALTHCARE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.07 |
SHIP HEALTHCARE 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 SHIP HEALTHCARE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SHIP HEALTHCARE HLDGINC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 20.0% of the company shares are owned by insiders or employees |
SHIP HEALTHCARE Technical Analysis
SHIP HEALTHCARE's future price can be derived by breaking down and analyzing its technical indicators over time. SHIP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SHIP HEALTHCARE HLDGINC. In general, you should focus on analyzing SHIP Stock price patterns and their correlations with different microeconomic environments and drivers.
SHIP HEALTHCARE Predictive Forecast Models
SHIP HEALTHCARE's time-series forecasting models is one of many SHIP HEALTHCARE'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 SHIP HEALTHCARE'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 SHIP HEALTHCARE HLDGINC
Checking the ongoing alerts about SHIP HEALTHCARE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SHIP HEALTHCARE HLDGINC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 20.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SHIP Stock
SHIP HEALTHCARE financial ratios help investors to determine whether SHIP 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 SHIP with respect to the benefits of owning SHIP HEALTHCARE security.