Karelia Tobacco (Greece) Probability of Future Stock Price Finishing Over 334.00
| KARE Stock | EUR 334.00 2.00 0.60% |
Karelia |
Karelia Tobacco Target Price Odds to finish over 334.00
The tendency of Karelia 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 |
| 334.00 | 90 days | 334.00 | about 91.17 |
Based on a normal probability distribution, the odds of Karelia Tobacco to move above the current price in 90 days from now is about 91.17 (This Karelia Tobacco probability density function shows the probability of Karelia Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Karelia Tobacco has a beta of -0.0461. This indicates as returns on the benchmark increase, returns on holding Karelia Tobacco are expected to decrease at a much lower rate. During a bear market, however, Karelia Tobacco is likely to outperform the market. Additionally Karelia Tobacco has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Karelia Tobacco Price Density |
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Predictive Modules for Karelia Tobacco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Karelia Tobacco. 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 Karelia Tobacco'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.
Karelia Tobacco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Karelia Tobacco is not an exception. The market had few large corrections towards the Karelia Tobacco'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 Karelia Tobacco, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Karelia Tobacco within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -0.05 | |
σ | Overall volatility | 5.04 | |
Ir | Information ratio | -0.04 |
Karelia Tobacco 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 Karelia Tobacco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Karelia Tobacco can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 94.0% of the company outstanding shares are owned by corporate insiders |
Karelia Tobacco 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 Karelia Stock often depends not only on the future outlook of the current and potential Karelia Tobacco'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. Karelia Tobacco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.8 M | |
| Cash And Short Term Investments | 445.8 M |
Karelia Tobacco Technical Analysis
Karelia Tobacco's future price can be derived by breaking down and analyzing its technical indicators over time. Karelia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Karelia Tobacco. In general, you should focus on analyzing Karelia Stock price patterns and their correlations with different microeconomic environments and drivers.
Karelia Tobacco Predictive Forecast Models
Karelia Tobacco's time-series forecasting models is one of many Karelia Tobacco'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 Karelia Tobacco'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 Karelia Tobacco
Checking the ongoing alerts about Karelia Tobacco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Karelia Tobacco help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 94.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Karelia Stock Analysis
When running Karelia Tobacco's price analysis, check to measure Karelia Tobacco'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 Karelia Tobacco is operating at the current time. Most of Karelia Tobacco's value examination focuses on studying past and present price action to predict the probability of Karelia Tobacco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karelia Tobacco's price. Additionally, you may evaluate how the addition of Karelia Tobacco to your portfolios can decrease your overall portfolio volatility.