Covivio SA (Germany) Probability of Future Stock Price Finishing Over 49.22
| F5D Stock | 49.76 0.12 0.24% |
Covivio |
Covivio SA Target Price Odds to finish over 49.22
The tendency of Covivio 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 above 49.22 in 90 days |
| 49.76 | 90 days | 49.22 | about 69.27 |
Based on a normal probability distribution, the odds of Covivio SA to stay above 49.22 in 90 days from now is about 69.27 (This Covivio SA probability density function shows the probability of Covivio Stock to fall within a particular range of prices over 90 days) . Probability of Covivio SA price to stay between 49.22 and its current price of 49.76 at the end of the 90-day period is about 14.47 .
Assuming the 90 days trading horizon Covivio SA has a beta of 0.14. This usually indicates as returns on the market go up, Covivio SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Covivio SA will be expected to be much smaller as well. Additionally Covivio SA has an alpha of 0.0038, implying that it can generate a 0.003839 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Covivio SA Price Density |
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Predictive Modules for Covivio SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Covivio SA. 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 Covivio SA'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.
Covivio SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Covivio SA is not an exception. The market had few large corrections towards the Covivio SA'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 Covivio SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Covivio SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 1.41 | |
Ir | Information ratio | 0.07 |
Covivio SA Technical Analysis
Covivio SA's future price can be derived by breaking down and analyzing its technical indicators over time. Covivio Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Covivio SA. In general, you should focus on analyzing Covivio Stock price patterns and their correlations with different microeconomic environments and drivers.
Covivio SA Predictive Forecast Models
Covivio SA's time-series forecasting models is one of many Covivio SA'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 Covivio SA'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 Covivio SA 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, Covivio SA's short interest history, or implied volatility extrapolated from Covivio SA options trading.
Additional Tools for Covivio Stock Analysis
When running Covivio SA's price analysis, check to measure Covivio SA'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 Covivio SA is operating at the current time. Most of Covivio SA's value examination focuses on studying past and present price action to predict the probability of Covivio SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covivio SA's price. Additionally, you may evaluate how the addition of Covivio SA to your portfolios can decrease your overall portfolio volatility.