Broadwind (Germany) Probability of Future Stock Price Finishing Under 2.93
| 9IRA Stock | EUR 1.65 0.03 1.85% |
Broadwind |
Broadwind Target Price Odds to finish below 2.93
The tendency of Broadwind 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 € 2.93 after 90 days |
| 1.65 | 90 days | 2.93 | close to 99 |
Based on a normal probability distribution, the odds of Broadwind to stay under € 2.93 after 90 days from now is close to 99 (This Broadwind probability density function shows the probability of Broadwind Stock to fall within a particular range of prices over 90 days) . Probability of Broadwind price to stay between its current price of € 1.65 and € 2.93 at the end of the 90-day period is about 75.41 .
Assuming the 90 days trading horizon Broadwind has a beta of -0.76. This suggests as returns on the benchmark increase, returns on holding Broadwind are expected to decrease at a much lower rate. During a bear market, however, Broadwind is likely to outperform the market. Additionally Broadwind 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. Broadwind Price Density |
| Price |
Predictive Modules for Broadwind
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Broadwind. 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.Broadwind Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Broadwind is not an exception. The market had few large corrections towards the Broadwind'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 Broadwind, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Broadwind within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.06 |
Broadwind 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 Broadwind for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Broadwind can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Broadwind generated a negative expected return over the last 90 days | |
| Broadwind may become a speculative penny stock | |
| Broadwind has high historical volatility and very poor performance | |
| Broadwind has high likelihood to experience some financial distress in the next 2 years | |
| Broadwind has accumulated about 4.76 M in cash with (12.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. | |
| Roughly 16.0% of the company shares are owned by insiders or employees |
Broadwind 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 Broadwind Stock often depends not only on the future outlook of the current and potential Broadwind'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. Broadwind's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.9 M |
Broadwind Technical Analysis
Broadwind's future price can be derived by breaking down and analyzing its technical indicators over time. Broadwind Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Broadwind. In general, you should focus on analyzing Broadwind Stock price patterns and their correlations with different microeconomic environments and drivers.
Broadwind Predictive Forecast Models
Broadwind's time-series forecasting models is one of many Broadwind'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 Broadwind'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 Broadwind
Checking the ongoing alerts about Broadwind for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Broadwind help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Broadwind generated a negative expected return over the last 90 days | |
| Broadwind may become a speculative penny stock | |
| Broadwind has high historical volatility and very poor performance | |
| Broadwind has high likelihood to experience some financial distress in the next 2 years | |
| Broadwind has accumulated about 4.76 M in cash with (12.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. | |
| Roughly 16.0% of the company shares are owned by insiders or employees |
Other Information on Investing in Broadwind Stock
Broadwind financial ratios help investors to determine whether Broadwind 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 Broadwind with respect to the benefits of owning Broadwind security.