Sn Hf (Iceland) Chance of Future Stock Price Finishing Over 44.0
| SYN Stock | 32.80 0.20 0.61% |
SYN |
Sn Hf Target Price Odds to finish over 44.0
The tendency of SYN 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 over 44.00 or more in 90 days |
| 32.80 | 90 days | 44.00 | close to zero percent |
Based on a normal probability distribution, the odds of Sn Hf to move over 44.00 or more in 90 days from now is close to zero percent (This Sn hf probability density function shows the probability of SYN Stock to fall within a particular range of prices over 90 days) . Probability of Sn hf price to stay between its current price of 32.80 and 44.00 at the end of the 90-day period is about 9.32 .
Assuming the 90 days trading horizon Sn hf has a beta of -0.21. This usually implies as returns on the benchmark increase, returns on holding Sn Hf are expected to decrease at a much lower rate. During a bear market, however, Sn hf is likely to outperform the market. Additionally Sn hf has an alpha of 0.0771, implying that it can generate a 0.0771 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sn Hf Price Density |
| Price |
Predictive Modules for Sn Hf
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sn hf. 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.Sn Hf Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sn Hf is not an exception. The market had few large corrections towards the Sn Hf'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 Sn hf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sn Hf within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 1.09 | |
Ir | Information ratio | -0.03 |
Sn Hf Technical Analysis
Sn Hf's future price can be derived by breaking down and analyzing its technical indicators over time. SYN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sn hf. In general, you should focus on analyzing SYN Stock price patterns and their correlations with different microeconomic environments and drivers.
Sn Hf Predictive Forecast Models
Sn Hf's time-series forecasting models is one of many Sn Hf'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 Sn Hf'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 Sn Hf 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, Sn Hf's short interest history, or implied volatility extrapolated from Sn Hf options trading.