Attica Bank (Greece) Probability of Future Stock Price Finishing Over 11.3
| TATT Stock | EUR 11.35 0.25 2.25% |
Attica |
Attica Bank Target Price Odds to finish over 11.3
The tendency of Attica 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 € 11.30 in 90 days |
| 11.35 | 90 days | 11.30 | about 17.33 |
Based on a normal probability distribution, the odds of Attica Bank to stay above € 11.30 in 90 days from now is about 17.33 (This Attica Bank SA probability density function shows the probability of Attica Stock to fall within a particular range of prices over 90 days) . Probability of Attica Bank SA price to stay between € 11.30 and its current price of €11.35 at the end of the 90-day period is about 6.49 .
Assuming the 90 days trading horizon Attica Bank has a beta of 0.32. This usually implies as returns on the market go up, Attica Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Attica Bank SA will be expected to be much smaller as well. Additionally Attica Bank SA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Attica Bank Price Density |
| Price |
Predictive Modules for Attica Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Attica Bank SA. 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 Attica Bank'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.
Attica Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Attica Bank is not an exception. The market had few large corrections towards the Attica Bank'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 Attica Bank SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Attica Bank within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 0.32 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.05 |
Attica Bank 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 Attica Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Attica Bank SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Attica Bank SA has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (105.05 M) with loss before overhead, payroll, taxes, and interest of (29.7 M). | |
| About 98.0% of the company outstanding shares are owned by corporate insiders |
Attica Bank 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 Attica Stock often depends not only on the future outlook of the current and potential Attica Bank'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. Attica Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Shares Float | 248.6 M |
Attica Bank Technical Analysis
Attica Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Attica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Attica Bank SA. In general, you should focus on analyzing Attica Stock price patterns and their correlations with different microeconomic environments and drivers.
Attica Bank Predictive Forecast Models
Attica Bank's time-series forecasting models is one of many Attica Bank'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 Attica Bank'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 Attica Bank SA
Checking the ongoing alerts about Attica Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Attica Bank SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Attica Bank SA has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (105.05 M) with loss before overhead, payroll, taxes, and interest of (29.7 M). | |
| About 98.0% of the company outstanding shares are owned by corporate insiders |
Check out Attica Bank Backtesting, Attica Bank Valuation, Attica Bank Correlation, Attica Bank Hype Analysis, Attica Bank Volatility, Attica Bank History as well as Attica Bank Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Attica Stock analysis
When running Attica Bank's price analysis, check to measure Attica Bank'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 Attica Bank is operating at the current time. Most of Attica Bank's value examination focuses on studying past and present price action to predict the probability of Attica Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Attica Bank's price. Additionally, you may evaluate how the addition of Attica Bank to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |