Detection Technology (Finland) Probability of Future Stock Price Finishing Over 14.45
| DETEC Stock | EUR 14.45 0.45 3.21% |
Detection |
Detection Technology Target Price Odds to finish over 14.45
The tendency of Detection 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 above the current price in 90 days |
| 14.45 | 90 days | 14.45 | about 87.45 |
Based on a normal probability distribution, the odds of Detection Technology to move above the current price in 90 days from now is about 87.45 (This Detection Technology OY probability density function shows the probability of Detection Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Detection Technology has a beta of 0.23 suggesting as returns on the market go up, Detection Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Detection Technology OY will be expected to be much smaller as well. Additionally Detection Technology OY 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. Detection Technology Price Density |
| Price |
Predictive Modules for Detection Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Detection Technology. 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 Detection Technology'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.
Detection Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Detection Technology is not an exception. The market had few large corrections towards the Detection Technology'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 Detection Technology OY, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Detection Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.32 |
Detection Technology 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 Detection Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Detection Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Detection Technology generated a negative expected return over the last 90 days |
Detection Technology 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 Detection Stock often depends not only on the future outlook of the current and potential Detection Technology'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. Detection Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.7 M |
Detection Technology Technical Analysis
Detection Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Detection Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Detection Technology OY. In general, you should focus on analyzing Detection Stock price patterns and their correlations with different microeconomic environments and drivers.
Detection Technology Predictive Forecast Models
Detection Technology's time-series forecasting models is one of many Detection Technology'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 Detection Technology'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 Detection Technology
Checking the ongoing alerts about Detection Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Detection Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Detection Technology generated a negative expected return over the last 90 days |
Other Information on Investing in Detection Stock
Detection Technology financial ratios help investors to determine whether Detection 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 Detection with respect to the benefits of owning Detection Technology security.