SmarTone Telecommunicatio (Germany) Probability of Future Stock Price Finishing Over 0.4416
| SMA Stock | EUR 0.50 0.01 2.04% |
SmarTone |
SmarTone Telecommunicatio Target Price Odds to finish over 0.4416
The tendency of SmarTone 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 € 0.44 in 90 days |
| 0.50 | 90 days | 0.44 | close to 99 |
Based on a normal probability distribution, the odds of SmarTone Telecommunicatio to stay above € 0.44 in 90 days from now is close to 99 (This SmarTone Telecommunications Holdings probability density function shows the probability of SmarTone Stock to fall within a particular range of prices over 90 days) . Probability of SmarTone Telecommunicatio price to stay between € 0.44 and its current price of €0.5 at the end of the 90-day period is over 95.45 .
Assuming the 90 days horizon SmarTone Telecommunicatio has a beta of 0.28. This usually implies as returns on the market go up, SmarTone Telecommunicatio average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SmarTone Telecommunications Holdings will be expected to be much smaller as well. Additionally SmarTone Telecommunications Holdings has an alpha of 0.0901, implying that it can generate a 0.0901 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SmarTone Telecommunicatio Price Density |
| Price |
Predictive Modules for SmarTone Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SmarTone Telecommunicatio. 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.SmarTone Telecommunicatio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SmarTone Telecommunicatio is not an exception. The market had few large corrections towards the SmarTone Telecommunicatio'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 SmarTone Telecommunications Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SmarTone Telecommunicatio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0027 |
SmarTone Telecommunicatio 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 SmarTone Telecommunicatio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SmarTone Telecommunicatio can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SmarTone Telecommunicatio has some characteristics of a very speculative penny stock | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
SmarTone Telecommunicatio 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 SmarTone Stock often depends not only on the future outlook of the current and potential SmarTone Telecommunicatio'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. SmarTone Telecommunicatio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
SmarTone Telecommunicatio Technical Analysis
SmarTone Telecommunicatio's future price can be derived by breaking down and analyzing its technical indicators over time. SmarTone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SmarTone Telecommunications Holdings. In general, you should focus on analyzing SmarTone Stock price patterns and their correlations with different microeconomic environments and drivers.
SmarTone Telecommunicatio Predictive Forecast Models
SmarTone Telecommunicatio's time-series forecasting models is one of many SmarTone Telecommunicatio'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 SmarTone Telecommunicatio'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 SmarTone Telecommunicatio
Checking the ongoing alerts about SmarTone Telecommunicatio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SmarTone Telecommunicatio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SmarTone Telecommunicatio has some characteristics of a very speculative penny stock | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SmarTone Stock
SmarTone Telecommunicatio financial ratios help investors to determine whether SmarTone 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 SmarTone with respect to the benefits of owning SmarTone Telecommunicatio security.