SAXLUND GROUP (Germany) Probability of Future Stock Price Finishing Over 1.0
| 6WZ Stock | EUR 0.20 0.00 0.00% |
SAXLUND |
SAXLUND GROUP Target Price Odds to finish over 1.0
The tendency of SAXLUND 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 € 1.00 or more in 90 days |
| 0.20 | 90 days | 1.00 | near 1 |
Based on a normal probability distribution, the odds of SAXLUND GROUP to move over € 1.00 or more in 90 days from now is near 1 (This SAXLUND GROUP AB probability density function shows the probability of SAXLUND Stock to fall within a particular range of prices over 90 days) . Probability of SAXLUND GROUP AB price to stay between its current price of € 0.20 and € 1.00 at the end of the 90-day period is about 76.85 .
Assuming the 90 days horizon SAXLUND GROUP AB has a beta of -0.51. This suggests as returns on the benchmark increase, returns on holding SAXLUND GROUP are expected to decrease at a much lower rate. During a bear market, however, SAXLUND GROUP AB is likely to outperform the market. In addition to that SAXLUND GROUP AB has an alpha of 21.8448, implying that it can generate a 21.84 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SAXLUND GROUP Price Density |
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Predictive Modules for SAXLUND GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SAXLUND GROUP AB. 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.SAXLUND GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SAXLUND GROUP is not an exception. The market had few large corrections towards the SAXLUND GROUP'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 SAXLUND GROUP AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SAXLUND GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 21.84 | |
β | Beta against Dow Jones | -0.51 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | 0.22 |
SAXLUND GROUP 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 SAXLUND GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SAXLUND GROUP AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SAXLUND GROUP AB is way too risky over 90 days horizon | |
| SAXLUND GROUP AB has some characteristics of a very speculative penny stock | |
| SAXLUND GROUP AB appears to be risky and price may revert if volatility continues | |
| About 41.0% of the company shares are owned by insiders or employees |
SAXLUND GROUP Technical Analysis
SAXLUND GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. SAXLUND Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SAXLUND GROUP AB. In general, you should focus on analyzing SAXLUND Stock price patterns and their correlations with different microeconomic environments and drivers.
SAXLUND GROUP Predictive Forecast Models
SAXLUND GROUP's time-series forecasting models is one of many SAXLUND GROUP'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 SAXLUND GROUP'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 SAXLUND GROUP AB
Checking the ongoing alerts about SAXLUND GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SAXLUND GROUP AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SAXLUND GROUP AB is way too risky over 90 days horizon | |
| SAXLUND GROUP AB has some characteristics of a very speculative penny stock | |
| SAXLUND GROUP AB appears to be risky and price may revert if volatility continues | |
| About 41.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SAXLUND Stock
SAXLUND GROUP financial ratios help investors to determine whether SAXLUND 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 SAXLUND with respect to the benefits of owning SAXLUND GROUP security.