CLEMONDO GROUP (Germany) Probability of Future Stock Price Finishing Under 0.051
| N17 Stock | EUR 0.59 0.00 0.00% |
CLEMONDO |
CLEMONDO GROUP Target Price Odds to finish below 0.051
The tendency of CLEMONDO 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 drop to € 0.05 or more in 90 days |
| 0.59 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of CLEMONDO GROUP to drop to € 0.05 or more in 90 days from now is near 1 (This CLEMONDO GROUP AB probability density function shows the probability of CLEMONDO Stock to fall within a particular range of prices over 90 days) . Probability of CLEMONDO GROUP AB price to stay between € 0.05 and its current price of €0.59 at the end of the 90-day period is about 76.86 .
Assuming the 90 days horizon CLEMONDO GROUP AB has a beta of -1.24. This indicates as returns on its benchmark rise, returns on holding CLEMONDO GROUP AB are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, CLEMONDO GROUP is expected to outperform its benchmark. Additionally CLEMONDO GROUP AB has an alpha of 0.598, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CLEMONDO GROUP Price Density |
| Price |
Predictive Modules for CLEMONDO GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CLEMONDO GROUP AB. 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.CLEMONDO GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CLEMONDO GROUP is not an exception. The market had few large corrections towards the CLEMONDO GROUP'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 CLEMONDO GROUP AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CLEMONDO GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | -1.24 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.09 |
CLEMONDO GROUP 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 CLEMONDO GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CLEMONDO GROUP AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CLEMONDO GROUP AB is not yet fully synchronised with the market data | |
| CLEMONDO GROUP AB is way too risky over 90 days horizon | |
| CLEMONDO GROUP AB has some characteristics of a very speculative penny stock | |
| CLEMONDO GROUP AB appears to be risky and price may revert if volatility continues |
CLEMONDO GROUP Technical Analysis
CLEMONDO GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. CLEMONDO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CLEMONDO GROUP AB. In general, you should focus on analyzing CLEMONDO Stock price patterns and their correlations with different microeconomic environments and drivers.
CLEMONDO GROUP Predictive Forecast Models
CLEMONDO GROUP's time-series forecasting models is one of many CLEMONDO GROUP'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 CLEMONDO GROUP'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 CLEMONDO GROUP AB
Checking the ongoing alerts about CLEMONDO GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CLEMONDO GROUP AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CLEMONDO GROUP AB is not yet fully synchronised with the market data | |
| CLEMONDO GROUP AB is way too risky over 90 days horizon | |
| CLEMONDO GROUP AB has some characteristics of a very speculative penny stock | |
| CLEMONDO GROUP AB appears to be risky and price may revert if volatility continues |
Other Information on Investing in CLEMONDO Stock
CLEMONDO GROUP financial ratios help investors to determine whether CLEMONDO 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 CLEMONDO with respect to the benefits of owning CLEMONDO GROUP security.