Impax Environmental (UK) Probability of Future Stock Price Finishing Over 371.34
| IEM Stock | 388.50 2.00 0.52% |
Impax |
Impax Environmental Target Price Odds to finish over 371.34
The tendency of Impax 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 371.34 in 90 days |
| 388.50 | 90 days | 371.34 | about 92.54 |
Based on a normal probability distribution, the odds of Impax Environmental to stay above 371.34 in 90 days from now is about 92.54 (This Impax Environmental Markets probability density function shows the probability of Impax Stock to fall within a particular range of prices over 90 days) . Probability of Impax Environmental price to stay between 371.34 and its current price of 388.5 at the end of the 90-day period is about 49.9 .
Assuming the 90 days trading horizon Impax Environmental has a beta of 0.32. This usually indicates as returns on the market go up, Impax Environmental average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Impax Environmental Markets will be expected to be much smaller as well. Additionally Impax Environmental Markets has an alpha of 0.0332, implying that it can generate a 0.0332 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Impax Environmental Price Density |
| Price |
Predictive Modules for Impax Environmental
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Impax Environmental. 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.Impax Environmental Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Impax Environmental is not an exception. The market had few large corrections towards the Impax Environmental'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 Impax Environmental Markets, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Impax Environmental within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 10.54 | |
Ir | Information ratio | 0.05 |
Impax Environmental 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 Impax Stock often depends not only on the future outlook of the current and potential Impax Environmental'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. Impax Environmental's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 296.6 M | |
| Cash And Short Term Investments | 16.8 M |
Impax Environmental Technical Analysis
Impax Environmental's future price can be derived by breaking down and analyzing its technical indicators over time. Impax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Impax Environmental Markets. In general, you should focus on analyzing Impax Stock price patterns and their correlations with different microeconomic environments and drivers.
Impax Environmental Predictive Forecast Models
Impax Environmental's time-series forecasting models is one of many Impax Environmental'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 Impax Environmental'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 Impax Environmental 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, Impax Environmental's short interest history, or implied volatility extrapolated from Impax Environmental options trading.
Other Information on Investing in Impax Stock
Impax Environmental financial ratios help investors to determine whether Impax 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 Impax with respect to the benefits of owning Impax Environmental security.