PROBIOTIX HEALTH (Germany) Probability of Future Stock Price Finishing Under 0.0674
| X90 Stock | 0.09 0.0005 0.57% |
PROBIOTIX |
PROBIOTIX HEALTH Target Price Odds to finish below 0.0674
The tendency of PROBIOTIX 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 0.07 or more in 90 days |
| 0.09 | 90 days | 0.07 | about 41.4 |
Based on a normal probability distribution, the odds of PROBIOTIX HEALTH to drop to 0.07 or more in 90 days from now is about 41.4 (This PROBIOTIX HEALTH LS 05 probability density function shows the probability of PROBIOTIX Stock to fall within a particular range of prices over 90 days) . Probability of PROBIOTIX HEALTH price to stay between 0.07 and its current price of 0.0885 at the end of the 90-day period is about 57.38 .
Assuming the 90 days horizon PROBIOTIX HEALTH LS 05 has a beta of -0.19. This entails as returns on the benchmark increase, returns on holding PROBIOTIX HEALTH are expected to decrease at a much lower rate. During a bear market, however, PROBIOTIX HEALTH LS 05 is likely to outperform the market. Additionally PROBIOTIX HEALTH LS 05 has an alpha of 0.3292, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PROBIOTIX HEALTH Price Density |
| Price |
Predictive Modules for PROBIOTIX HEALTH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PROBIOTIX HEALTH. 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.PROBIOTIX HEALTH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PROBIOTIX HEALTH is not an exception. The market had few large corrections towards the PROBIOTIX HEALTH'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 PROBIOTIX HEALTH LS 05, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PROBIOTIX HEALTH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
PROBIOTIX HEALTH 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 PROBIOTIX HEALTH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PROBIOTIX HEALTH can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PROBIOTIX HEALTH had very high historical volatility over the last 90 days | |
| PROBIOTIX HEALTH has some characteristics of a very speculative penny stock |
PROBIOTIX HEALTH Technical Analysis
PROBIOTIX HEALTH's future price can be derived by breaking down and analyzing its technical indicators over time. PROBIOTIX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PROBIOTIX HEALTH LS 05. In general, you should focus on analyzing PROBIOTIX Stock price patterns and their correlations with different microeconomic environments and drivers.
PROBIOTIX HEALTH Predictive Forecast Models
PROBIOTIX HEALTH's time-series forecasting models is one of many PROBIOTIX HEALTH'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 PROBIOTIX HEALTH'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 PROBIOTIX HEALTH
Checking the ongoing alerts about PROBIOTIX HEALTH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PROBIOTIX HEALTH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PROBIOTIX HEALTH had very high historical volatility over the last 90 days | |
| PROBIOTIX HEALTH has some characteristics of a very speculative penny stock |
Other Information on Investing in PROBIOTIX Stock
PROBIOTIX HEALTH financial ratios help investors to determine whether PROBIOTIX 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 PROBIOTIX with respect to the benefits of owning PROBIOTIX HEALTH security.