SIG Combibloc (Switzerland) Probability of Future Stock Price Finishing Over 17.59
| SIGN Stock | CHF 17.66 0.04 0.23% |
SIG |
SIG Combibloc Target Price Odds to finish over 17.59
The tendency of SIG 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 stay above ₣ 17.59 in 90 days |
| 17.66 | 90 days | 17.59 | about 72.08 |
Based on a normal probability distribution, the odds of SIG Combibloc to stay above ₣ 17.59 in 90 days from now is about 72.08 (This SIG Combibloc Group probability density function shows the probability of SIG Stock to fall within a particular range of prices over 90 days) . Probability of SIG Combibloc Group price to stay between ₣ 17.59 and its current price of ₣17.66 at the end of the 90-day period is roughly 2.94 .
Assuming the 90 days trading horizon SIG Combibloc Group has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding SIG Combibloc are expected to decrease at a much lower rate. During a bear market, however, SIG Combibloc Group is likely to outperform the market. Additionally SIG Combibloc Group has an alpha of 0.0404, implying that it can generate a 0.0404 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SIG Combibloc Price Density |
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Predictive Modules for SIG Combibloc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SIG Combibloc Group. 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.SIG Combibloc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SIG Combibloc is not an exception. The market had few large corrections towards the SIG Combibloc'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 SIG Combibloc Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SIG Combibloc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.05 |
SIG Combibloc 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 SIG Combibloc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SIG Combibloc Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SIG Combibloc Group generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by institutional investors |
SIG Combibloc 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 SIG Stock often depends not only on the future outlook of the current and potential SIG Combibloc'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. SIG Combibloc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 320 M | |
| Cash And Short Term Investments | 300.2 M |
SIG Combibloc Technical Analysis
SIG Combibloc's future price can be derived by breaking down and analyzing its technical indicators over time. SIG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SIG Combibloc Group. In general, you should focus on analyzing SIG Stock price patterns and their correlations with different microeconomic environments and drivers.
SIG Combibloc Predictive Forecast Models
SIG Combibloc's time-series forecasting models is one of many SIG Combibloc'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 SIG Combibloc'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 SIG Combibloc Group
Checking the ongoing alerts about SIG Combibloc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SIG Combibloc Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SIG Combibloc Group generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by institutional investors |
Additional Tools for SIG Stock Analysis
When running SIG Combibloc's price analysis, check to measure SIG Combibloc'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 SIG Combibloc is operating at the current time. Most of SIG Combibloc's value examination focuses on studying past and present price action to predict the probability of SIG Combibloc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIG Combibloc's price. Additionally, you may evaluate how the addition of SIG Combibloc to your portfolios can decrease your overall portfolio volatility.