Dana (Germany) Chance of Future Stock Price Finishing Under 11.3
| 4DH Stock | EUR 12.30 0.60 5.13% |
Dana |
Dana Target Price Odds to finish below 11.3
The tendency of Dana 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 € 11.30 or more in 90 days |
| 12.30 | 90 days | 11.30 | about 32.83 |
Based on a normal probability distribution, the odds of Dana to drop to € 11.30 or more in 90 days from now is about 32.83 (This Dana Inc probability density function shows the probability of Dana Stock to fall within a particular range of prices over 90 days) . Probability of Dana Inc price to stay between € 11.30 and its current price of €12.3 at the end of the 90-day period is about 57.54 .
Assuming the 90 days horizon Dana Inc has a beta of -0.64. This suggests as returns on the benchmark increase, returns on holding Dana are expected to decrease at a much lower rate. During a bear market, however, Dana Inc is likely to outperform the market. Additionally Dana Inc has an alpha of 0.0332, implying that it can generate a 0.0332 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Dana Price Density |
| Price |
Predictive Modules for Dana
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dana Inc. 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 Dana'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.
Dana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dana is not an exception. The market had few large corrections towards the Dana'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 Dana Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dana within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.64 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | -0.02 |
Dana 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 Dana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dana Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dana Inc generated a negative expected return over the last 90 days | |
| Dana Inc has high likelihood to experience some financial distress in the next 2 years | |
| Dana Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 10.16 B. Net Loss for the year was (242 M) with profit before overhead, payroll, taxes, and interest of 763 M. | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
Dana 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 Dana Stock often depends not only on the future outlook of the current and potential Dana'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. Dana's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 143.4 M |
Dana Technical Analysis
Dana's future price can be derived by breaking down and analyzing its technical indicators over time. Dana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dana Inc. In general, you should focus on analyzing Dana Stock price patterns and their correlations with different microeconomic environments and drivers.
Dana Predictive Forecast Models
Dana's time-series forecasting models is one of many Dana'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 Dana'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 Dana Inc
Checking the ongoing alerts about Dana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dana Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dana Inc generated a negative expected return over the last 90 days | |
| Dana Inc has high likelihood to experience some financial distress in the next 2 years | |
| Dana Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 10.16 B. Net Loss for the year was (242 M) with profit before overhead, payroll, taxes, and interest of 763 M. | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
Check out Dana Backtesting, Dana Valuation, Dana Correlation, Dana Hype Analysis, Dana Volatility, Dana History as well as Dana Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Dana Stock analysis
When running Dana's price analysis, check to measure Dana'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 Dana is operating at the current time. Most of Dana's value examination focuses on studying past and present price action to predict the probability of Dana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dana's price. Additionally, you may evaluate how the addition of Dana to your portfolios can decrease your overall portfolio volatility.
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