DANIMER SCIENTIFIC (Germany) Probability of Future Stock Price Finishing Over 8.41
| 6CU Stock | EUR 8.50 0.00 0.00% |
DANIMER |
DANIMER SCIENTIFIC Target Price Odds to finish over 8.41
The tendency of DANIMER 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 above € 8.41 in 90 days |
| 8.50 | 90 days | 8.41 | about 84.82 |
Based on a normal probability distribution, the odds of DANIMER SCIENTIFIC to stay above € 8.41 in 90 days from now is about 84.82 (This DANIMER SCIENTIFIC probability density function shows the probability of DANIMER Stock to fall within a particular range of prices over 90 days) . Probability of DANIMER SCIENTIFIC price to stay between € 8.41 and its current price of €8.5 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon DANIMER SCIENTIFIC has a beta of 0.77. This suggests as returns on the market go up, DANIMER SCIENTIFIC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DANIMER SCIENTIFIC will be expected to be much smaller as well. Additionally DANIMER SCIENTIFIC 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. DANIMER SCIENTIFIC Price Density |
| Price |
Predictive Modules for DANIMER SCIENTIFIC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DANIMER SCIENTIFIC. 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.DANIMER SCIENTIFIC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DANIMER SCIENTIFIC is not an exception. The market had few large corrections towards the DANIMER SCIENTIFIC'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 DANIMER SCIENTIFIC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DANIMER SCIENTIFIC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 2.79 | |
Ir | Information ratio | -0.09 |
DANIMER SCIENTIFIC 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 DANIMER SCIENTIFIC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DANIMER SCIENTIFIC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DANIMER SCIENTIFIC generated a negative expected return over the last 90 days | |
| DANIMER SCIENTIFIC has high historical volatility and very poor performance | |
| DANIMER SCIENTIFIC has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (56.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DANIMER SCIENTIFIC has accumulated about 82.52 M in cash with (42.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.28. |
DANIMER SCIENTIFIC Technical Analysis
DANIMER SCIENTIFIC's future price can be derived by breaking down and analyzing its technical indicators over time. DANIMER Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DANIMER SCIENTIFIC. In general, you should focus on analyzing DANIMER Stock price patterns and their correlations with different microeconomic environments and drivers.
DANIMER SCIENTIFIC Predictive Forecast Models
DANIMER SCIENTIFIC's time-series forecasting models is one of many DANIMER SCIENTIFIC'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 DANIMER SCIENTIFIC'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 DANIMER SCIENTIFIC
Checking the ongoing alerts about DANIMER SCIENTIFIC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DANIMER SCIENTIFIC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DANIMER SCIENTIFIC generated a negative expected return over the last 90 days | |
| DANIMER SCIENTIFIC has high historical volatility and very poor performance | |
| DANIMER SCIENTIFIC has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (56.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| DANIMER SCIENTIFIC has accumulated about 82.52 M in cash with (42.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.28. |
Additional Information and Resources on Investing in DANIMER Stock
When determining whether DANIMER SCIENTIFIC is a strong investment it is important to analyze DANIMER SCIENTIFIC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DANIMER SCIENTIFIC's future performance. For an informed investment choice regarding DANIMER Stock, refer to the following important reports:Check out DANIMER SCIENTIFIC Backtesting, DANIMER SCIENTIFIC Valuation, DANIMER SCIENTIFIC Correlation, DANIMER SCIENTIFIC Hype Analysis, DANIMER SCIENTIFIC Volatility, DANIMER SCIENTIFIC History as well as DANIMER SCIENTIFIC Performance. For more detail on how to invest in DANIMER Stock please use our How to Invest in DANIMER SCIENTIFIC guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.