Plastika Kritis (Greece) Probability of Future Stock Price Finishing Under 12.16
PLAKR Stock | EUR 15.10 0.20 1.31% |
Plastika |
Plastika Kritis Target Price Odds to finish below 12.16
The tendency of Plastika 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 12.16 or more in 90 days |
15.10 | 90 days | 12.16 | near 1 |
Based on a normal probability distribution, the odds of Plastika Kritis to drop to 12.16 or more in 90 days from now is near 1 (This Plastika Kritis SA probability density function shows the probability of Plastika Stock to fall within a particular range of prices over 90 days) . Probability of Plastika Kritis SA price to stay between 12.16 and its current price of 15.1 at the end of the 90-day period is about 88.9 .
Assuming the 90 days trading horizon Plastika Kritis SA has a beta of -0.24 indicating as returns on the benchmark increase, returns on holding Plastika Kritis are expected to decrease at a much lower rate. During a bear market, however, Plastika Kritis SA is likely to outperform the market. Additionally Plastika Kritis SA has an alpha of 0.0758, implying that it can generate a 0.0758 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Plastika Kritis Price Density |
Price |
Predictive Modules for Plastika Kritis
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plastika Kritis SA. 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.Plastika Kritis Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Plastika Kritis is not an exception. The market had few large corrections towards the Plastika Kritis' 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 Plastika Kritis SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Plastika Kritis within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.03 |
Plastika Kritis 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 Plastika Kritis for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Plastika Kritis SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.About 58.0% of the company outstanding shares are owned by corporate insiders |
Plastika Kritis 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 Plastika Stock often depends not only on the future outlook of the current and potential Plastika Kritis' 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. Plastika Kritis' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 27.4 M | |
Cash And Short Term Investments | 66.1 M |
Plastika Kritis Technical Analysis
Plastika Kritis' future price can be derived by breaking down and analyzing its technical indicators over time. Plastika Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Plastika Kritis SA. In general, you should focus on analyzing Plastika Stock price patterns and their correlations with different microeconomic environments and drivers.
Plastika Kritis Predictive Forecast Models
Plastika Kritis' time-series forecasting models is one of many Plastika Kritis' 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 Plastika Kritis' 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 Plastika Kritis SA
Checking the ongoing alerts about Plastika Kritis for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plastika Kritis SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 58.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Plastika Stock
Plastika Kritis financial ratios help investors to determine whether Plastika 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 Plastika with respect to the benefits of owning Plastika Kritis security.