Asseco South (Poland) Probability of Future Stock Price Finishing Over 54.33
| ASE Stock | 49.00 0.10 0.20% |
Asseco |
Asseco South Target Price Odds to finish over 54.33
The tendency of Asseco 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 54.33 or more in 90 days |
| 49.00 | 90 days | 54.33 | near 1 |
Based on a normal probability distribution, the odds of Asseco South to move over 54.33 or more in 90 days from now is near 1 (This Asseco South Eastern probability density function shows the probability of Asseco Stock to fall within a particular range of prices over 90 days) . Probability of Asseco South Eastern price to stay between its current price of 49.00 and 54.33 at the end of the 90-day period is about 59.62 .
Assuming the 90 days trading horizon Asseco South Eastern has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding Asseco South are expected to decrease at a much lower rate. During a bear market, however, Asseco South Eastern is likely to outperform the market. Additionally Asseco South Eastern has an alpha of 0.012, implying that it can generate a 0.012 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Asseco South Price Density |
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Predictive Modules for Asseco South
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asseco South Eastern. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asseco South's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Asseco South Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asseco South is not an exception. The market had few large corrections towards the Asseco South'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 Asseco South Eastern, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asseco South within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | -0.09 |
Asseco South Technical Analysis
Asseco South's future price can be derived by breaking down and analyzing its technical indicators over time. Asseco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asseco South Eastern. In general, you should focus on analyzing Asseco Stock price patterns and their correlations with different microeconomic environments and drivers.
Asseco South Predictive Forecast Models
Asseco South's time-series forecasting models is one of many Asseco South'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 Asseco South'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Asseco South in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Asseco South's short interest history, or implied volatility extrapolated from Asseco South options trading.
Additional Tools for Asseco Stock Analysis
When running Asseco South's price analysis, check to measure Asseco South's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asseco South is operating at the current time. Most of Asseco South's value examination focuses on studying past and present price action to predict the probability of Asseco South's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asseco South's price. Additionally, you may evaluate how the addition of Asseco South to your portfolios can decrease your overall portfolio volatility.