Damartex (France) Odds of Future Stock Price Finishing Over 3.15
| ALDAR Stock | EUR 3.15 0.02 0.64% |
Damartex |
Damartex Target Price Odds to finish over 3.15
The tendency of Damartex 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 |
| 3.15 | 90 days | 3.15 | about 79.04 |
Based on a normal probability distribution, the odds of Damartex to move above the current price in 90 days from now is about 79.04 (This Damartex probability density function shows the probability of Damartex Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Damartex has a beta of 0.77. This suggests as returns on the market go up, Damartex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Damartex will be expected to be much smaller as well. Additionally Damartex has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Damartex Price Density |
| Price |
Predictive Modules for Damartex
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Damartex. 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 Damartex'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.
Damartex Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Damartex is not an exception. The market had few large corrections towards the Damartex'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 Damartex, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Damartex within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.63 | |
β | Beta against NYSE Composite | 0.77 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.23 |
Damartex 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 Damartex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Damartex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Damartex generated a negative expected return over the last 90 days | |
| Damartex has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 718.98 M. Net Loss for the year was (2.16 M) with profit before overhead, payroll, taxes, and interest of 456.82 M. | |
| Damartex has accumulated about 31.44 M in cash with (16.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.47, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 79.0% of the company shares are held by company insiders |
Damartex 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 Damartex Stock often depends not only on the future outlook of the current and potential Damartex'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. Damartex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.2 M | |
| Cash And Short Term Investments | 14.1 M |
Damartex Technical Analysis
Damartex's future price can be derived by breaking down and analyzing its technical indicators over time. Damartex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Damartex. In general, you should focus on analyzing Damartex Stock price patterns and their correlations with different microeconomic environments and drivers.
Damartex Predictive Forecast Models
Damartex's time-series forecasting models is one of many Damartex'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 Damartex'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 Damartex
Checking the ongoing alerts about Damartex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Damartex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Damartex generated a negative expected return over the last 90 days | |
| Damartex has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 718.98 M. Net Loss for the year was (2.16 M) with profit before overhead, payroll, taxes, and interest of 456.82 M. | |
| Damartex has accumulated about 31.44 M in cash with (16.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.47, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 79.0% of the company shares are held by company insiders |
Check out Damartex Backtesting, Damartex Valuation, Damartex Correlation, Damartex Hype Analysis, Damartex Volatility, Damartex History as well as Damartex Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Damartex Stock analysis
When running Damartex's price analysis, check to measure Damartex'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 Damartex is operating at the current time. Most of Damartex's value examination focuses on studying past and present price action to predict the probability of Damartex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Damartex's price. Additionally, you may evaluate how the addition of Damartex to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance |