ROBIT OYJ (Germany) Probability of Future Stock Price Finishing Under 0.0
| RO3 Stock | EUR 1.64 0.02 1.23% |
ROBIT |
ROBIT OYJ Target Price Odds to finish below 0.0
The tendency of ROBIT 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 € 0.00 or more in 90 days |
| 1.64 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of ROBIT OYJ to drop to € 0.00 or more in 90 days from now is near 1 (This ROBIT OYJ probability density function shows the probability of ROBIT Stock to fall within a particular range of prices over 90 days) . Probability of ROBIT OYJ price to stay between € 0.00 and its current price of €1.64 at the end of the 90-day period is about 12.33 .
Assuming the 90 days horizon ROBIT OYJ has a beta of -0.75 indicating as returns on the benchmark increase, returns on holding ROBIT OYJ are expected to decrease at a much lower rate. During a bear market, however, ROBIT OYJ is likely to outperform the market. Additionally ROBIT OYJ has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. ROBIT OYJ Price Density |
| Price |
Predictive Modules for ROBIT OYJ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ROBIT OYJ. 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 ROBIT OYJ'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.
ROBIT OYJ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ROBIT OYJ is not an exception. The market had few large corrections towards the ROBIT OYJ'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 ROBIT OYJ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ROBIT OYJ within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.22 | |
β | Beta against NYSE Composite | -0.75 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.11 |
ROBIT OYJ 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 ROBIT OYJ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ROBIT OYJ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ROBIT OYJ generated a negative expected return over the last 90 days | |
| ROBIT OYJ may become a speculative penny stock | |
| ROBIT OYJ has high likelihood to experience some financial distress in the next 2 years | |
| ROBIT OYJ has accumulated €42.76 Million in debt which can lead to volatile earnings | |
| The company reported the revenue of 112.04 M. Net Loss for the year was (27.17 M) with profit before overhead, payroll, taxes, and interest of 35.06 M. | |
| ROBIT OYJ has accumulated about 17.96 M in cash with (1.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
ROBIT OYJ Technical Analysis
ROBIT OYJ's future price can be derived by breaking down and analyzing its technical indicators over time. ROBIT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ROBIT OYJ. In general, you should focus on analyzing ROBIT Stock price patterns and their correlations with different microeconomic environments and drivers.
ROBIT OYJ Predictive Forecast Models
ROBIT OYJ's time-series forecasting models is one of many ROBIT OYJ'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 ROBIT OYJ'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 ROBIT OYJ
Checking the ongoing alerts about ROBIT OYJ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ROBIT OYJ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ROBIT OYJ generated a negative expected return over the last 90 days | |
| ROBIT OYJ may become a speculative penny stock | |
| ROBIT OYJ has high likelihood to experience some financial distress in the next 2 years | |
| ROBIT OYJ has accumulated €42.76 Million in debt which can lead to volatile earnings | |
| The company reported the revenue of 112.04 M. Net Loss for the year was (27.17 M) with profit before overhead, payroll, taxes, and interest of 35.06 M. | |
| ROBIT OYJ has accumulated about 17.96 M in cash with (1.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in ROBIT Stock
ROBIT OYJ financial ratios help investors to determine whether ROBIT 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 ROBIT with respect to the benefits of owning ROBIT OYJ security.