BOOM LOGISTICS (Germany) Probability of Future Stock Price Finishing Over 0.77
| GJY Stock | EUR 0.81 0.01 1.22% |
BOOM |
BOOM LOGISTICS Target Price Odds to finish over 0.77
The tendency of BOOM 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 € 0.77 in 90 days |
| 0.81 | 90 days | 0.77 | about 57.06 |
Based on a normal probability distribution, the odds of BOOM LOGISTICS to stay above € 0.77 in 90 days from now is about 57.06 (This BOOM LOGISTICS LTD probability density function shows the probability of BOOM Stock to fall within a particular range of prices over 90 days) . Probability of BOOM LOGISTICS LTD price to stay between € 0.77 and its current price of €0.81 at the end of the 90-day period is about 27.38 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.31 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BOOM LOGISTICS will likely underperform. Additionally BOOM LOGISTICS LTD has an alpha of 0.6267, implying that it can generate a 0.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BOOM LOGISTICS Price Density |
| Price |
Predictive Modules for BOOM LOGISTICS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BOOM LOGISTICS LTD. 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.BOOM LOGISTICS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BOOM LOGISTICS is not an exception. The market had few large corrections towards the BOOM LOGISTICS'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 BOOM LOGISTICS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BOOM LOGISTICS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.63 | |
β | Beta against Dow Jones | 2.31 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.07 |
BOOM LOGISTICS 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 BOOM LOGISTICS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BOOM LOGISTICS LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BOOM LOGISTICS LTD had very high historical volatility over the last 90 days | |
| BOOM LOGISTICS LTD has some characteristics of a very speculative penny stock |
BOOM LOGISTICS 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 BOOM Stock often depends not only on the future outlook of the current and potential BOOM LOGISTICS'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. BOOM LOGISTICS's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0541 |
BOOM LOGISTICS Technical Analysis
BOOM LOGISTICS's future price can be derived by breaking down and analyzing its technical indicators over time. BOOM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BOOM LOGISTICS LTD. In general, you should focus on analyzing BOOM Stock price patterns and their correlations with different microeconomic environments and drivers.
BOOM LOGISTICS Predictive Forecast Models
BOOM LOGISTICS's time-series forecasting models is one of many BOOM LOGISTICS'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 BOOM LOGISTICS'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 BOOM LOGISTICS LTD
Checking the ongoing alerts about BOOM LOGISTICS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BOOM LOGISTICS LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BOOM LOGISTICS LTD had very high historical volatility over the last 90 days | |
| BOOM LOGISTICS LTD has some characteristics of a very speculative penny stock |
Other Information on Investing in BOOM Stock
BOOM LOGISTICS financial ratios help investors to determine whether BOOM 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 BOOM with respect to the benefits of owning BOOM LOGISTICS security.