Redcare Pharmacy (Germany) Probability of Future Stock Price Finishing Over 150.30
| RDC Stock | 150.30 9.70 6.06% |
Redcare |
Redcare Pharmacy Target Price Odds to finish over 150.30
The tendency of Redcare 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 above the current price in 90 days |
| 150.30 | 90 days | 150.30 | about 26.79 |
Based on a normal probability distribution, the odds of Redcare Pharmacy to move above the current price in 90 days from now is about 26.79 (This Redcare Pharmacy NV probability density function shows the probability of Redcare Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Redcare Pharmacy has a beta of 0.74 indicating as returns on the market go up, Redcare Pharmacy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Redcare Pharmacy NV will be expected to be much smaller as well. Additionally Redcare Pharmacy NV has an alpha of 0.4356, implying that it can generate a 0.44 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Redcare Pharmacy Price Density |
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Predictive Modules for Redcare Pharmacy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Redcare Pharmacy. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Redcare Pharmacy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Redcare Pharmacy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Redcare Pharmacy is not an exception. The market had few large corrections towards the Redcare Pharmacy'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 Redcare Pharmacy NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Redcare Pharmacy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.44 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 12.81 | |
Ir | Information ratio | 0.16 |
Redcare Pharmacy Technical Analysis
Redcare Pharmacy's future price can be derived by breaking down and analyzing its technical indicators over time. Redcare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Redcare Pharmacy NV. In general, you should focus on analyzing Redcare Stock price patterns and their correlations with different microeconomic environments and drivers.
Redcare Pharmacy Predictive Forecast Models
Redcare Pharmacy's time-series forecasting models is one of many Redcare Pharmacy'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 Redcare Pharmacy'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 Redcare Pharmacy 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, Redcare Pharmacy's short interest history, or implied volatility extrapolated from Redcare Pharmacy options trading.
Additional Tools for Redcare Stock Analysis
When running Redcare Pharmacy's price analysis, check to measure Redcare Pharmacy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Redcare Pharmacy is operating at the current time. Most of Redcare Pharmacy's value examination focuses on studying past and present price action to predict the probability of Redcare Pharmacy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redcare Pharmacy's price. Additionally, you may evaluate how the addition of Redcare Pharmacy to your portfolios can decrease your overall portfolio volatility.