THRACE PLASTICS (Germany) Probability of Future Stock Price Finishing Over 3.96
| TP3 Stock | EUR 3.94 0.02 0.51% |
THRACE |
THRACE PLASTICS Target Price Odds to finish over 3.96
The tendency of THRACE 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 € 3.96 or more in 90 days |
| 3.94 | 90 days | 3.96 | about 12.17 |
Based on a normal probability distribution, the odds of THRACE PLASTICS to move over € 3.96 or more in 90 days from now is about 12.17 (This THRACE PLASTICS probability density function shows the probability of THRACE Stock to fall within a particular range of prices over 90 days) . Probability of THRACE PLASTICS price to stay between its current price of € 3.94 and € 3.96 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon THRACE PLASTICS has a beta of 0.21. This usually implies as returns on the market go up, THRACE PLASTICS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding THRACE PLASTICS will be expected to be much smaller as well. Additionally THRACE PLASTICS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. THRACE PLASTICS Price Density |
| Price |
Predictive Modules for THRACE PLASTICS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as THRACE PLASTICS. 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.THRACE PLASTICS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. THRACE PLASTICS is not an exception. The market had few large corrections towards the THRACE PLASTICS'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 THRACE PLASTICS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of THRACE PLASTICS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.08 |
THRACE PLASTICS 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 THRACE Stock often depends not only on the future outlook of the current and potential THRACE PLASTICS'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. THRACE PLASTICS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.2 M | |
| Dividends Paid | 11.6 M | |
| Short Long Term Debt | 17.4 M |
THRACE PLASTICS Technical Analysis
THRACE PLASTICS's future price can be derived by breaking down and analyzing its technical indicators over time. THRACE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of THRACE PLASTICS. In general, you should focus on analyzing THRACE Stock price patterns and their correlations with different microeconomic environments and drivers.
THRACE PLASTICS Predictive Forecast Models
THRACE PLASTICS's time-series forecasting models is one of many THRACE PLASTICS'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 THRACE PLASTICS'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 THRACE PLASTICS 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, THRACE PLASTICS's short interest history, or implied volatility extrapolated from THRACE PLASTICS options trading.
Other Information on Investing in THRACE Stock
THRACE PLASTICS financial ratios help investors to determine whether THRACE 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 THRACE with respect to the benefits of owning THRACE PLASTICS security.