Fridenson (Israel) Probability of Future Stock Price Finishing Over 5661.00
| FRDN Stock | ILS 5,661 1.00 0.02% |
Fridenson |
Fridenson Target Price Odds to finish over 5661.00
The tendency of Fridenson 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 |
| 5,661 | 90 days | 5,661 | about 49.7 |
Based on a normal probability distribution, the odds of Fridenson to move above the current price in 90 days from now is about 49.7 (This Fridenson probability density function shows the probability of Fridenson Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fridenson has a beta of -0.69. This usually indicates as returns on the benchmark increase, returns on holding Fridenson are expected to decrease at a much lower rate. During a bear market, however, Fridenson is likely to outperform the market. Additionally Fridenson has an alpha of 0.1583, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Fridenson Price Density |
| Price |
Predictive Modules for Fridenson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fridenson. 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 Fridenson'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.
Fridenson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fridenson is not an exception. The market had few large corrections towards the Fridenson'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 Fridenson, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fridenson within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | -0.69 | |
σ | Overall volatility | 161.21 | |
Ir | Information ratio | 0.01 |
Fridenson 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 Fridenson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fridenson can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fridenson had very high historical volatility over the last 90 days | |
| Fridenson has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are held by company insiders |
Fridenson Technical Analysis
Fridenson's future price can be derived by breaking down and analyzing its technical indicators over time. Fridenson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fridenson. In general, you should focus on analyzing Fridenson Stock price patterns and their correlations with different microeconomic environments and drivers.
Fridenson Predictive Forecast Models
Fridenson's time-series forecasting models is one of many Fridenson'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 Fridenson'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 Fridenson
Checking the ongoing alerts about Fridenson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fridenson help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fridenson had very high historical volatility over the last 90 days | |
| Fridenson has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are held by company insiders |
Check out Fridenson Backtesting, Fridenson Valuation, Fridenson Correlation, Fridenson Hype Analysis, Fridenson Volatility, Fridenson History as well as Fridenson Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Fridenson Stock analysis
When running Fridenson's price analysis, check to measure Fridenson'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 Fridenson is operating at the current time. Most of Fridenson's value examination focuses on studying past and present price action to predict the probability of Fridenson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fridenson's price. Additionally, you may evaluate how the addition of Fridenson to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |