ZMH Hammerman (Israel) Probability of Future Stock Price Finishing Under 3040.0
ZMH Stock | ILA 3,009 32.00 1.05% |
ZMH |
ZMH Hammerman Target Price Odds to finish below 3040.0
The tendency of ZMH 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 under 3,040 after 90 days |
3,009 | 90 days | 3,040 | about 88.93 |
Based on a normal probability distribution, the odds of ZMH Hammerman to stay under 3,040 after 90 days from now is about 88.93 (This ZMH Hammerman probability density function shows the probability of ZMH Stock to fall within a particular range of prices over 90 days) . Probability of ZMH Hammerman price to stay between its current price of 3,009 and 3,040 at the end of the 90-day period is nearly 4.55 .
Assuming the 90 days trading horizon ZMH Hammerman has a beta of -0.17. This usually means as returns on the benchmark increase, returns on holding ZMH Hammerman are expected to decrease at a much lower rate. During a bear market, however, ZMH Hammerman is likely to outperform the market. Additionally ZMH Hammerman has an alpha of 0.1288, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ZMH Hammerman Price Density |
Price |
Predictive Modules for ZMH Hammerman
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZMH Hammerman. 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 ZMH Hammerman'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.
ZMH Hammerman Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ZMH Hammerman is not an exception. The market had few large corrections towards the ZMH Hammerman'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 ZMH Hammerman, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ZMH Hammerman within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.13 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 144.95 | |
Ir | Information ratio | 0.02 |
ZMH Hammerman 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 ZMH Hammerman for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ZMH Hammerman can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.ZMH Hammerman has accumulated about 213.36 M in cash with (400.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.13. | |
Roughly 43.0% of the company outstanding shares are owned by insiders |
ZMH Hammerman 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 ZMH Stock often depends not only on the future outlook of the current and potential ZMH Hammerman'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. ZMH Hammerman's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 20 M |
ZMH Hammerman Technical Analysis
ZMH Hammerman's future price can be derived by breaking down and analyzing its technical indicators over time. ZMH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ZMH Hammerman. In general, you should focus on analyzing ZMH Stock price patterns and their correlations with different microeconomic environments and drivers.
ZMH Hammerman Predictive Forecast Models
ZMH Hammerman's time-series forecasting models is one of many ZMH Hammerman'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 ZMH Hammerman'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 ZMH Hammerman
Checking the ongoing alerts about ZMH Hammerman for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ZMH Hammerman help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ZMH Hammerman has accumulated about 213.36 M in cash with (400.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.13. | |
Roughly 43.0% of the company outstanding shares are owned by insiders |
Check out ZMH Hammerman Backtesting, ZMH Hammerman Valuation, ZMH Hammerman Correlation, ZMH Hammerman Hype Analysis, ZMH Hammerman Volatility, ZMH Hammerman History as well as ZMH Hammerman Performance. Note that the ZMH Hammerman information on this page should be used as a complementary analysis to other ZMH Hammerman'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for ZMH Stock analysis
When running ZMH Hammerman's price analysis, check to measure ZMH Hammerman'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 ZMH Hammerman is operating at the current time. Most of ZMH Hammerman's value examination focuses on studying past and present price action to predict the probability of ZMH Hammerman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZMH Hammerman's price. Additionally, you may evaluate how the addition of ZMH Hammerman to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Transaction History View history of all your transactions and understand their impact on performance |