ELMOS SEMICONDUCTOR (Germany) Probability of Future Stock Price Finishing Over 83.90
| ELG Stock | EUR 83.90 0.70 0.84% |
ELMOS |
ELMOS SEMICONDUCTOR Target Price Odds to finish over 83.90
The tendency of ELMOS 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 move above the current price in 90 days |
| 83.90 | 90 days | 83.90 | near 1 |
Based on a normal probability distribution, the odds of ELMOS SEMICONDUCTOR to move above the current price in 90 days from now is near 1 (This ELMOS SEMICONDUCTOR probability density function shows the probability of ELMOS Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ELMOS SEMICONDUCTOR has a beta of -0.87 suggesting Additionally ELMOS SEMICONDUCTOR has an alpha of 0.3482, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ELMOS SEMICONDUCTOR Price Density |
| Price |
Predictive Modules for ELMOS SEMICONDUCTOR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ELMOS SEMICONDUCTOR. 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 ELMOS SEMICONDUCTOR'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.
ELMOS SEMICONDUCTOR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ELMOS SEMICONDUCTOR is not an exception. The market had few large corrections towards the ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ELMOS SEMICONDUCTOR within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.35 | |
β | Beta against NYSE Composite | -0.87 | |
σ | Overall volatility | 3.54 | |
Ir | Information ratio | 0.11 |
ELMOS SEMICONDUCTOR 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 ELMOS Stock often depends not only on the future outlook of the current and potential ELMOS SEMICONDUCTOR'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. ELMOS SEMICONDUCTOR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.1 M | |
| Dividends Paid | -9.4 M | |
| Short Long Term Debt | 12 M |
ELMOS SEMICONDUCTOR Technical Analysis
ELMOS SEMICONDUCTOR's future price can be derived by breaking down and analyzing its technical indicators over time. ELMOS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ELMOS SEMICONDUCTOR. In general, you should focus on analyzing ELMOS Stock price patterns and their correlations with different microeconomic environments and drivers.
ELMOS SEMICONDUCTOR Predictive Forecast Models
ELMOS SEMICONDUCTOR's time-series forecasting models is one of many ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ELMOS SEMICONDUCTOR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ELMOS SEMICONDUCTOR's short interest history, or implied volatility extrapolated from ELMOS SEMICONDUCTOR options trading.
Check out ELMOS SEMICONDUCTOR Backtesting, ELMOS SEMICONDUCTOR Valuation, ELMOS SEMICONDUCTOR Correlation, ELMOS SEMICONDUCTOR Hype Analysis, ELMOS SEMICONDUCTOR Volatility, ELMOS SEMICONDUCTOR History as well as ELMOS SEMICONDUCTOR Performance. Note that the ELMOS SEMICONDUCTOR information on this page should be used as a complementary analysis to other ELMOS SEMICONDUCTOR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for ELMOS Stock analysis
When running ELMOS SEMICONDUCTOR's price analysis, check to measure ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR is operating at the current time. Most of ELMOS SEMICONDUCTOR's value examination focuses on studying past and present price action to predict the probability of ELMOS SEMICONDUCTOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELMOS SEMICONDUCTOR's price. Additionally, you may evaluate how the addition of ELMOS SEMICONDUCTOR to your portfolios can decrease your overall portfolio volatility.
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