SHIMANO INC (Germany) Probability of Future Stock Price Finishing Over 13.10
| SHM1 Stock | EUR 13.10 0.10 0.77% |
SHIMANO |
SHIMANO INC Target Price Odds to finish over 13.10
The tendency of SHIMANO 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 |
| 13.10 | 90 days | 13.10 | about 15.18 |
Based on a normal probability distribution, the odds of SHIMANO INC to move above the current price in 90 days from now is about 15.18 (This SHIMANO INC UNSPADR10 probability density function shows the probability of SHIMANO Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SHIMANO INC UNSPADR10 has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding SHIMANO INC are expected to decrease at a much lower rate. During a bear market, however, SHIMANO INC UNSPADR10 is likely to outperform the market. Additionally SHIMANO INC UNSPADR10 has an alpha of 0.0115, implying that it can generate a 0.0115 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SHIMANO INC Price Density |
| Price |
Predictive Modules for SHIMANO INC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SHIMANO INC UNSPADR10. 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.SHIMANO INC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SHIMANO INC is not an exception. The market had few large corrections towards the SHIMANO INC'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 SHIMANO INC UNSPADR10, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SHIMANO INC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.04 |
SHIMANO INC 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 SHIMANO Stock often depends not only on the future outlook of the current and potential SHIMANO INC's 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. SHIMANO INC's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0106 | |
| Forward Annual Dividend Rate | 0.17 | |
| Shares Float | 798.9 M |
SHIMANO INC Technical Analysis
SHIMANO INC's future price can be derived by breaking down and analyzing its technical indicators over time. SHIMANO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SHIMANO INC UNSPADR10. In general, you should focus on analyzing SHIMANO Stock price patterns and their correlations with different microeconomic environments and drivers.
SHIMANO INC Predictive Forecast Models
SHIMANO INC's time-series forecasting models is one of many SHIMANO INC'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 SHIMANO INC'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 SHIMANO INC 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, SHIMANO INC's short interest history, or implied volatility extrapolated from SHIMANO INC options trading.
Other Information on Investing in SHIMANO Stock
SHIMANO INC financial ratios help investors to determine whether SHIMANO 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 SHIMANO with respect to the benefits of owning SHIMANO INC security.