NEWFOUNDLAND DISCOVCORP (Germany) Probability of Future Stock Price Finishing Over 0.0438
| M4K Stock | 0.04 0.0004 1.08% |
NEWFOUNDLAND |
NEWFOUNDLAND DISCOVCORP Target Price Odds to finish over 0.0438
The tendency of NEWFOUNDLAND 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 over 0.04 or more in 90 days |
| 0.04 | 90 days | 0.04 | about 40.76 |
Based on a normal probability distribution, the odds of NEWFOUNDLAND DISCOVCORP to move over 0.04 or more in 90 days from now is about 40.76 (This NEWFOUNDLAND DISCOVCORP probability density function shows the probability of NEWFOUNDLAND Stock to fall within a particular range of prices over 90 days) . Probability of NEWFOUNDLAND DISCOVCORP price to stay between its current price of 0.04 and 0.04 at the end of the 90-day period is about 18.48 .
Assuming the 90 days horizon the stock has the beta coefficient of 11.5 . This 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, NEWFOUNDLAND DISCOVCORP will likely underperform. In addition to that NEWFOUNDLAND DISCOVCORP has an alpha of 11.4583, implying that it can generate a 11.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NEWFOUNDLAND DISCOVCORP Price Density |
| Price |
Predictive Modules for NEWFOUNDLAND DISCOVCORP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEWFOUNDLAND DISCOVCORP. 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.NEWFOUNDLAND DISCOVCORP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NEWFOUNDLAND DISCOVCORP is not an exception. The market had few large corrections towards the NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NEWFOUNDLAND DISCOVCORP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 11.46 | |
β | Beta against Dow Jones | 11.50 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.20 |
NEWFOUNDLAND DISCOVCORP 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 NEWFOUNDLAND DISCOVCORP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NEWFOUNDLAND DISCOVCORP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NEWFOUNDLAND DISCOVCORP is way too risky over 90 days horizon | |
| NEWFOUNDLAND DISCOVCORP has some characteristics of a very speculative penny stock | |
| NEWFOUNDLAND DISCOVCORP appears to be risky and price may revert if volatility continues |
NEWFOUNDLAND DISCOVCORP Technical Analysis
NEWFOUNDLAND DISCOVCORP's future price can be derived by breaking down and analyzing its technical indicators over time. NEWFOUNDLAND Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NEWFOUNDLAND DISCOVCORP. In general, you should focus on analyzing NEWFOUNDLAND Stock price patterns and their correlations with different microeconomic environments and drivers.
NEWFOUNDLAND DISCOVCORP Predictive Forecast Models
NEWFOUNDLAND DISCOVCORP's time-series forecasting models is one of many NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP'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 NEWFOUNDLAND DISCOVCORP
Checking the ongoing alerts about NEWFOUNDLAND DISCOVCORP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NEWFOUNDLAND DISCOVCORP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NEWFOUNDLAND DISCOVCORP is way too risky over 90 days horizon | |
| NEWFOUNDLAND DISCOVCORP has some characteristics of a very speculative penny stock | |
| NEWFOUNDLAND DISCOVCORP appears to be risky and price may revert if volatility continues |
Other Information on Investing in NEWFOUNDLAND Stock
NEWFOUNDLAND DISCOVCORP financial ratios help investors to determine whether NEWFOUNDLAND 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 NEWFOUNDLAND with respect to the benefits of owning NEWFOUNDLAND DISCOVCORP security.