Vodafone Group (Brazil) Probability of Future Stock Price Finishing Under 25.74
| V1OD34 Stock | BRL 26.34 0.21 0.80% |
Vodafone |
Vodafone Group Target Price Odds to finish below 25.74
The tendency of Vodafone 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 drop to R$ 25.74 or more in 90 days |
| 26.34 | 90 days | 25.74 | about 10.5 |
Based on a normal probability distribution, the odds of Vodafone Group to drop to R$ 25.74 or more in 90 days from now is about 10.5 (This Vodafone Group Public probability density function shows the probability of Vodafone Stock to fall within a particular range of prices over 90 days) . Probability of Vodafone Group Public price to stay between R$ 25.74 and its current price of R$26.34 at the end of the 90-day period is about 26.24 .
Assuming the 90 days trading horizon Vodafone Group Public has a beta of -0.2. This entails as returns on the benchmark increase, returns on holding Vodafone Group are expected to decrease at a much lower rate. During a bear market, however, Vodafone Group Public is likely to outperform the market. Additionally Vodafone Group Public 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. Vodafone Group Price Density |
| Price |
Predictive Modules for Vodafone Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vodafone Group Public. 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.Vodafone Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vodafone Group is not an exception. The market had few large corrections towards the Vodafone Group'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 Vodafone Group Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vodafone Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.09 |
Vodafone Group 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 Vodafone Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vodafone Group Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Vodafone Group generated a negative expected return over the last 90 days |
Vodafone Group 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 Vodafone Stock often depends not only on the future outlook of the current and potential Vodafone Group'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. Vodafone Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.4 B |
Vodafone Group Technical Analysis
Vodafone Group's future price can be derived by breaking down and analyzing its technical indicators over time. Vodafone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vodafone Group Public. In general, you should focus on analyzing Vodafone Stock price patterns and their correlations with different microeconomic environments and drivers.
Vodafone Group Predictive Forecast Models
Vodafone Group's time-series forecasting models is one of many Vodafone Group'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 Vodafone Group'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 Vodafone Group Public
Checking the ongoing alerts about Vodafone Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vodafone Group Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vodafone Group generated a negative expected return over the last 90 days |
Other Information on Investing in Vodafone Stock
Vodafone Group financial ratios help investors to determine whether Vodafone 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 Vodafone with respect to the benefits of owning Vodafone Group security.