MOWI ASA (Germany) Odds of Future Stock Price Finishing Under 14.58
| PNDA Stock | EUR 16.20 0.30 1.82% |
MOWI |
MOWI ASA Target Price Odds to finish below 14.58
The tendency of MOWI 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 € 14.58 or more in 90 days |
| 16.20 | 90 days | 14.58 | near 1 |
Based on a normal probability distribution, the odds of MOWI ASA to drop to € 14.58 or more in 90 days from now is near 1 (This MOWI ASA SPADR probability density function shows the probability of MOWI Stock to fall within a particular range of prices over 90 days) . Probability of MOWI ASA SPADR price to stay between € 14.58 and its current price of €16.2 at the end of the 90-day period is about 47.05 .
Assuming the 90 days trading horizon MOWI ASA has a beta of 0.38 indicating as returns on the market go up, MOWI ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MOWI ASA SPADR will be expected to be much smaller as well. Additionally MOWI ASA SPADR has an alpha of 0.079, implying that it can generate a 0.079 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MOWI ASA Price Density |
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Predictive Modules for MOWI ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MOWI ASA SPADR. 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.MOWI ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MOWI ASA is not an exception. The market had few large corrections towards the MOWI ASA'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 MOWI ASA SPADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MOWI ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | 0.05 |
MOWI ASA Technical Analysis
MOWI ASA's future price can be derived by breaking down and analyzing its technical indicators over time. MOWI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MOWI ASA SPADR. In general, you should focus on analyzing MOWI Stock price patterns and their correlations with different microeconomic environments and drivers.
MOWI ASA Predictive Forecast Models
MOWI ASA's time-series forecasting models is one of many MOWI ASA'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 MOWI ASA'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 MOWI ASA 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, MOWI ASA's short interest history, or implied volatility extrapolated from MOWI ASA options trading.
Other Information on Investing in MOWI Stock
MOWI ASA financial ratios help investors to determine whether MOWI 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 MOWI with respect to the benefits of owning MOWI ASA security.