FIRST SAVINGS (Germany) Probability of Future Stock Price Finishing Under 22.6
| 8N4 Stock | EUR 23.40 0.60 2.50% |
FIRST |
FIRST SAVINGS Target Price Odds to finish below 22.6
The tendency of FIRST 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 € 22.60 or more in 90 days |
| 23.40 | 90 days | 22.60 | about 41.14 |
Based on a normal probability distribution, the odds of FIRST SAVINGS to drop to € 22.60 or more in 90 days from now is about 41.14 (This FIRST SAVINGS FINL probability density function shows the probability of FIRST Stock to fall within a particular range of prices over 90 days) . Probability of FIRST SAVINGS FINL price to stay between € 22.60 and its current price of €23.4 at the end of the 90-day period is about 11.28 .
Assuming the 90 days horizon FIRST SAVINGS has a beta of 0.0841. This suggests as returns on the market go up, FIRST SAVINGS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FIRST SAVINGS FINL will be expected to be much smaller as well. Additionally FIRST SAVINGS FINL has an alpha of 0.3558, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FIRST SAVINGS Price Density |
| Price |
Predictive Modules for FIRST SAVINGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FIRST SAVINGS FINL. 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.FIRST SAVINGS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FIRST SAVINGS is not an exception. The market had few large corrections towards the FIRST SAVINGS'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 FIRST SAVINGS FINL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FIRST SAVINGS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 2.81 | |
Ir | Information ratio | 0.13 |
FIRST SAVINGS 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 FIRST SAVINGS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FIRST SAVINGS FINL 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 21.0% of the company shares are owned by insiders or employees |
FIRST SAVINGS Technical Analysis
FIRST SAVINGS's future price can be derived by breaking down and analyzing its technical indicators over time. FIRST Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FIRST SAVINGS FINL. In general, you should focus on analyzing FIRST Stock price patterns and their correlations with different microeconomic environments and drivers.
FIRST SAVINGS Predictive Forecast Models
FIRST SAVINGS's time-series forecasting models is one of many FIRST SAVINGS'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 FIRST SAVINGS'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 FIRST SAVINGS FINL
Checking the ongoing alerts about FIRST SAVINGS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FIRST SAVINGS FINL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 21.0% of the company shares are owned by insiders or employees |
Other Information on Investing in FIRST Stock
FIRST SAVINGS financial ratios help investors to determine whether FIRST 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 FIRST with respect to the benefits of owning FIRST SAVINGS security.