GRENKELEASING Dusseldorf (Germany) Probability of Future Stock Price Finishing Over 15.70
| GLJ Stock | EUR 15.70 0.22 1.38% |
GRENKELEASING |
GRENKELEASING Dusseldorf Target Price Odds to finish over 15.70
The tendency of GRENKELEASING 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 |
| 15.70 | 90 days | 15.70 | about 76.75 |
Based on a normal probability distribution, the odds of GRENKELEASING Dusseldorf to move above the current price in 90 days from now is about 76.75 (This GRENKELEASING Dusseldorf probability density function shows the probability of GRENKELEASING Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon GRENKELEASING Dusseldorf has a beta of -0.13. This usually indicates as returns on the benchmark increase, returns on holding GRENKELEASING Dusseldorf are expected to decrease at a much lower rate. During a bear market, however, GRENKELEASING Dusseldorf is likely to outperform the market. Additionally GRENKELEASING Dusseldorf 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. GRENKELEASING Dusseldorf Price Density |
| Price |
Predictive Modules for GRENKELEASING Dusseldorf
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GRENKELEASING Dusseldorf. 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.GRENKELEASING Dusseldorf Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. GRENKELEASING Dusseldorf is not an exception. The market had few large corrections towards the GRENKELEASING Dusseldorf'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 GRENKELEASING Dusseldorf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GRENKELEASING Dusseldorf within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.73 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 4.49 | |
Ir | Information ratio | -0.21 |
GRENKELEASING Dusseldorf 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 GRENKELEASING Dusseldorf for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GRENKELEASING Dusseldorf can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| GRENKELEASING Dusseldorf generated a negative expected return over the last 90 days | |
| GRENKELEASING Dusseldorf has high historical volatility and very poor performance | |
| GRENKELEASING Dusseldorf generates negative cash flow from operations |
GRENKELEASING Dusseldorf 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 GRENKELEASING Stock often depends not only on the future outlook of the current and potential GRENKELEASING Dusseldorf'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. GRENKELEASING Dusseldorf's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.5 M | |
| Dividends Paid | 12.1 M | |
| Short Long Term Debt | 1.2 B |
GRENKELEASING Dusseldorf Technical Analysis
GRENKELEASING Dusseldorf's future price can be derived by breaking down and analyzing its technical indicators over time. GRENKELEASING Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GRENKELEASING Dusseldorf. In general, you should focus on analyzing GRENKELEASING Stock price patterns and their correlations with different microeconomic environments and drivers.
GRENKELEASING Dusseldorf Predictive Forecast Models
GRENKELEASING Dusseldorf's time-series forecasting models is one of many GRENKELEASING Dusseldorf'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 GRENKELEASING Dusseldorf'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 GRENKELEASING Dusseldorf
Checking the ongoing alerts about GRENKELEASING Dusseldorf for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GRENKELEASING Dusseldorf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| GRENKELEASING Dusseldorf generated a negative expected return over the last 90 days | |
| GRENKELEASING Dusseldorf has high historical volatility and very poor performance | |
| GRENKELEASING Dusseldorf generates negative cash flow from operations |
Additional Tools for GRENKELEASING Stock Analysis
When running GRENKELEASING Dusseldorf's price analysis, check to measure GRENKELEASING Dusseldorf'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 GRENKELEASING Dusseldorf is operating at the current time. Most of GRENKELEASING Dusseldorf's value examination focuses on studying past and present price action to predict the probability of GRENKELEASING Dusseldorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRENKELEASING Dusseldorf's price. Additionally, you may evaluate how the addition of GRENKELEASING Dusseldorf to your portfolios can decrease your overall portfolio volatility.