Fridenson (Israel) Probability of Future Stock Price Finishing Under 4,990
| FRDN Stock | ILS 4,935 58.00 1.16% |
Fridenson |
Fridenson Target Price Odds to finish below 4,990
The tendency of Fridenson 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 below current price in 90 days |
| 4,935 | 90 days | 4,935 | about 76.73 |
Based on a normal probability distribution, the odds of Fridenson to move below current price in 90 days from now is about 76.73 (This Fridenson probability density function shows the probability of Fridenson Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fridenson has a beta of -0.4. This usually indicates as returns on the benchmark increase, returns on holding Fridenson are expected to decrease at a much lower rate. During a bear market, however, Fridenson is likely to outperform the market. Additionally Fridenson 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. Fridenson Price Density |
| Price |
Predictive Modules for Fridenson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fridenson. 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.Fridenson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fridenson is not an exception. The market had few large corrections towards the Fridenson'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 Fridenson, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fridenson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 555.29 | |
Ir | Information ratio | -0.05 |
Fridenson 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 Fridenson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fridenson can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fridenson appears to be risky and price may revert if volatility continues | |
| Fridenson has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are held by company insiders |
Fridenson Technical Analysis
Fridenson's future price can be derived by breaking down and analyzing its technical indicators over time. Fridenson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fridenson. In general, you should focus on analyzing Fridenson Stock price patterns and their correlations with different microeconomic environments and drivers.
Fridenson Predictive Forecast Models
Fridenson's time-series forecasting models is one of many Fridenson'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 Fridenson'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 Fridenson
Checking the ongoing alerts about Fridenson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fridenson help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fridenson appears to be risky and price may revert if volatility continues | |
| Fridenson has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are held by company insiders |
Other Information on Investing in Fridenson Stock
Fridenson financial ratios help investors to determine whether Fridenson 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 Fridenson with respect to the benefits of owning Fridenson security.