ELLAKTOR (Germany) Odds of Future Stock Price Finishing Over 2.47
| HLL Stock | EUR 2.53 0.04 1.56% |
ELLAKTOR |
ELLAKTOR Target Price Odds to finish over 2.47
The tendency of ELLAKTOR 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 € 2.47 in 90 days |
| 2.53 | 90 days | 2.47 | about 73.73 |
Based on a normal probability distribution, the odds of ELLAKTOR to stay above € 2.47 in 90 days from now is about 73.73 (This ELLAKTOR probability density function shows the probability of ELLAKTOR Stock to fall within a particular range of prices over 90 days) . Probability of ELLAKTOR price to stay between € 2.47 and its current price of €2.53 at the end of the 90-day period is about 23.72 .
Assuming the 90 days trading horizon ELLAKTOR has a beta of 0.83. This usually indicates as returns on the market go up, ELLAKTOR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ELLAKTOR will be expected to be much smaller as well. Additionally ELLAKTOR has an alpha of 0.0584, implying that it can generate a 0.0584 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ELLAKTOR Price Density |
| Price |
Predictive Modules for ELLAKTOR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ELLAKTOR. 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 ELLAKTOR'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.
ELLAKTOR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ELLAKTOR is not an exception. The market had few large corrections towards the ELLAKTOR'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 ELLAKTOR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ELLAKTOR within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 0.83 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.03 |
ELLAKTOR 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 ELLAKTOR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ELLAKTOR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ELLAKTOR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 915.48 M. Net Loss for the year was (77.73 M) with profit before overhead, payroll, taxes, and interest of 0. |
ELLAKTOR 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 ELLAKTOR Stock often depends not only on the future outlook of the current and potential ELLAKTOR'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. ELLAKTOR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 348.2 M | |
| Dividends Paid | 25.8 M | |
| Short Long Term Debt | 82 M |
ELLAKTOR Technical Analysis
ELLAKTOR's future price can be derived by breaking down and analyzing its technical indicators over time. ELLAKTOR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ELLAKTOR. In general, you should focus on analyzing ELLAKTOR Stock price patterns and their correlations with different microeconomic environments and drivers.
ELLAKTOR Predictive Forecast Models
ELLAKTOR's time-series forecasting models is one of many ELLAKTOR'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 ELLAKTOR'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 ELLAKTOR
Checking the ongoing alerts about ELLAKTOR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ELLAKTOR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ELLAKTOR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 915.48 M. Net Loss for the year was (77.73 M) with profit before overhead, payroll, taxes, and interest of 0. |
Check out ELLAKTOR Backtesting, ELLAKTOR Valuation, ELLAKTOR Correlation, ELLAKTOR Hype Analysis, ELLAKTOR Volatility, ELLAKTOR History as well as ELLAKTOR Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for ELLAKTOR Stock analysis
When running ELLAKTOR's price analysis, check to measure ELLAKTOR'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 ELLAKTOR is operating at the current time. Most of ELLAKTOR's value examination focuses on studying past and present price action to predict the probability of ELLAKTOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELLAKTOR's price. Additionally, you may evaluate how the addition of ELLAKTOR to your portfolios can decrease your overall portfolio volatility.
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