Ludan Engineering (Israel) Probability of Future Stock Price Finishing Over 1655.0
| LUDN Stock | ILS 1,810 83.00 4.38% |
Ludan |
Ludan Engineering Target Price Odds to finish over 1655.0
The tendency of Ludan 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 above S 1,655 in 90 days |
| 1,810 | 90 days | 1,655 | about 34.32 |
Based on a normal probability distribution, the odds of Ludan Engineering to stay above S 1,655 in 90 days from now is about 34.32 (This Ludan Engineering Co probability density function shows the probability of Ludan Stock to fall within a particular range of prices over 90 days) . Probability of Ludan Engineering price to stay between S 1,655 and its current price of S1810.0 at the end of the 90-day period is about 27.5 .
Assuming the 90 days trading horizon Ludan Engineering Co has a beta of -0.58. This indicates as returns on the benchmark increase, returns on holding Ludan Engineering are expected to decrease at a much lower rate. During a bear market, however, Ludan Engineering Co is likely to outperform the market. Additionally Ludan Engineering Co has an alpha of 0.3315, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ludan Engineering Price Density |
| Price |
Predictive Modules for Ludan Engineering
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ludan Engineering. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ludan Engineering's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ludan Engineering Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ludan Engineering is not an exception. The market had few large corrections towards the Ludan Engineering'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 Ludan Engineering Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ludan Engineering within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.33 | |
β | Beta against NYSE Composite | -0.58 | |
σ | Overall volatility | 142.75 | |
Ir | Information ratio | 0.14 |
Ludan Engineering 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 Ludan Engineering for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ludan Engineering can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ludan Engineering has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 26.0% of the company outstanding shares are owned by corporate insiders |
Ludan Engineering 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 Ludan Stock often depends not only on the future outlook of the current and potential Ludan Engineering'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. Ludan Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.5 M |
Ludan Engineering Technical Analysis
Ludan Engineering's future price can be derived by breaking down and analyzing its technical indicators over time. Ludan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ludan Engineering Co. In general, you should focus on analyzing Ludan Stock price patterns and their correlations with different microeconomic environments and drivers.
Ludan Engineering Predictive Forecast Models
Ludan Engineering's time-series forecasting models is one of many Ludan Engineering'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 Ludan Engineering'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 Ludan Engineering
Checking the ongoing alerts about Ludan Engineering for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ludan Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ludan Engineering has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 26.0% of the company outstanding shares are owned by corporate insiders |
Check out Ludan Engineering Backtesting, Ludan Engineering Valuation, Ludan Engineering Correlation, Ludan Engineering Hype Analysis, Ludan Engineering Volatility, Ludan Engineering History as well as Ludan Engineering Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Ludan Stock analysis
When running Ludan Engineering's price analysis, check to measure Ludan Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ludan Engineering is operating at the current time. Most of Ludan Engineering's value examination focuses on studying past and present price action to predict the probability of Ludan Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ludan Engineering's price. Additionally, you may evaluate how the addition of Ludan Engineering to your portfolios can decrease your overall portfolio volatility.
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