SCANDINAVCHEMOTECH (Germany) Probability of Future Stock Price Finishing Over 0.13
| 8V6 Stock | EUR 0.13 0.01 8.33% |
SCANDINAVCHEMOTECH |
SCANDINAVCHEMOTECH Target Price Odds to finish over 0.13
The tendency of SCANDINAVCHEMOTECH 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 above the current price in 90 days |
| 0.13 | 90 days | 0.13 | about 50.0 |
Based on a normal probability distribution, the odds of SCANDINAVCHEMOTECH to move above the current price in 90 days from now is about 50.0 (This SCANDINAVCHEMOTECH CLB probability density function shows the probability of SCANDINAVCHEMOTECH Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.02 . This suggests SCANDINAVCHEMOTECH CLB market returns are reactive to returns on the market. As the market goes up or down, SCANDINAVCHEMOTECH is expected to follow. Moreover SCANDINAVCHEMOTECH CLB has an alpha of 1.8847, implying that it can generate a 1.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SCANDINAVCHEMOTECH Price Density |
| Price |
Predictive Modules for SCANDINAVCHEMOTECH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCANDINAVCHEMOTECH CLB. 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.SCANDINAVCHEMOTECH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCANDINAVCHEMOTECH is not an exception. The market had few large corrections towards the SCANDINAVCHEMOTECH'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 SCANDINAVCHEMOTECH CLB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCANDINAVCHEMOTECH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.88 | |
β | Beta against Dow Jones | 1.02 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.12 |
SCANDINAVCHEMOTECH 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 SCANDINAVCHEMOTECH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCANDINAVCHEMOTECH CLB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SCANDINAVCHEMOTECH is way too risky over 90 days horizon | |
| SCANDINAVCHEMOTECH has some characteristics of a very speculative penny stock | |
| SCANDINAVCHEMOTECH appears to be risky and price may revert if volatility continues | |
| SCANDINAVCHEMOTECH has high likelihood to experience some financial distress in the next 2 years | |
| About 25.0% of the company shares are owned by insiders or employees |
SCANDINAVCHEMOTECH Technical Analysis
SCANDINAVCHEMOTECH's future price can be derived by breaking down and analyzing its technical indicators over time. SCANDINAVCHEMOTECH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCANDINAVCHEMOTECH CLB. In general, you should focus on analyzing SCANDINAVCHEMOTECH Stock price patterns and their correlations with different microeconomic environments and drivers.
SCANDINAVCHEMOTECH Predictive Forecast Models
SCANDINAVCHEMOTECH's time-series forecasting models is one of many SCANDINAVCHEMOTECH'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 SCANDINAVCHEMOTECH'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 SCANDINAVCHEMOTECH CLB
Checking the ongoing alerts about SCANDINAVCHEMOTECH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCANDINAVCHEMOTECH CLB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SCANDINAVCHEMOTECH is way too risky over 90 days horizon | |
| SCANDINAVCHEMOTECH has some characteristics of a very speculative penny stock | |
| SCANDINAVCHEMOTECH appears to be risky and price may revert if volatility continues | |
| SCANDINAVCHEMOTECH has high likelihood to experience some financial distress in the next 2 years | |
| About 25.0% of the company shares are owned by insiders or employees |
Other Information on Investing in SCANDINAVCHEMOTECH Stock
SCANDINAVCHEMOTECH financial ratios help investors to determine whether SCANDINAVCHEMOTECH 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 SCANDINAVCHEMOTECH with respect to the benefits of owning SCANDINAVCHEMOTECH security.