Afentra PLC (Germany) Probability of Future Stock Price Finishing Under 0.54
| TB8A Stock | EUR 0.53 0.00 0.00% |
Afentra |
Afentra PLC Target Price Odds to finish below 0.54
The tendency of Afentra 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 under € 0.54 after 90 days |
| 0.53 | 90 days | 0.54 | about 37.3 |
Based on a normal probability distribution, the odds of Afentra PLC to stay under € 0.54 after 90 days from now is about 37.3 (This Afentra PLC probability density function shows the probability of Afentra Stock to fall within a particular range of prices over 90 days) . Probability of Afentra PLC price to stay between its current price of € 0.53 and € 0.54 at the end of the 90-day period is about 11.3 .
Assuming the 90 days trading horizon Afentra PLC has a beta of -0.65. This usually implies as returns on the benchmark increase, returns on holding Afentra PLC are expected to decrease at a much lower rate. During a bear market, however, Afentra PLC is likely to outperform the market. Additionally Afentra PLC has an alpha of 0.1167, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Afentra PLC Price Density |
| Price |
Predictive Modules for Afentra PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Afentra PLC. 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.Afentra PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Afentra PLC is not an exception. The market had few large corrections towards the Afentra PLC'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 Afentra PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Afentra PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.65 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.03 |
Afentra PLC 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 Afentra PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Afentra PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Afentra PLC has some characteristics of a very speculative penny stock | |
| Afentra PLC has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.99 M) with loss before overhead, payroll, taxes, and interest of (2.73 M). | |
| Afentra PLC has accumulated about 45.51 M in cash with (4.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| Roughly 52.0% of the company outstanding shares are owned by corporate insiders |
Afentra PLC 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 Afentra Stock often depends not only on the future outlook of the current and potential Afentra PLC'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. Afentra PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 220.1 M |
Afentra PLC Technical Analysis
Afentra PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Afentra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Afentra PLC. In general, you should focus on analyzing Afentra Stock price patterns and their correlations with different microeconomic environments and drivers.
Afentra PLC Predictive Forecast Models
Afentra PLC's time-series forecasting models is one of many Afentra PLC'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 Afentra PLC'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 Afentra PLC
Checking the ongoing alerts about Afentra PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Afentra PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Afentra PLC has some characteristics of a very speculative penny stock | |
| Afentra PLC has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.99 M) with loss before overhead, payroll, taxes, and interest of (2.73 M). | |
| Afentra PLC has accumulated about 45.51 M in cash with (4.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| Roughly 52.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Afentra Stock
Afentra PLC financial ratios help investors to determine whether Afentra 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 Afentra with respect to the benefits of owning Afentra PLC security.