IMPAX ENVIRONMTL (Germany) Probability of Future Stock Price Finishing Under 4.52
| 1QR Stock | EUR 4.38 0.04 0.90% |
IMPAX |
IMPAX ENVIRONMTL Target Price Odds to finish below 4.52
The tendency of IMPAX 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 € 4.52 after 90 days |
| 4.38 | 90 days | 4.52 | about 90.11 |
Based on a normal probability distribution, the odds of IMPAX ENVIRONMTL to stay under € 4.52 after 90 days from now is about 90.11 (This IMPAX ENVIRONMTL MKTS probability density function shows the probability of IMPAX Stock to fall within a particular range of prices over 90 days) . Probability of IMPAX ENVIRONMTL MKTS price to stay between its current price of € 4.38 and € 4.52 at the end of the 90-day period is about 44.3 .
Assuming the 90 days horizon IMPAX ENVIRONMTL MKTS has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding IMPAX ENVIRONMTL are expected to decrease at a much lower rate. During a bear market, however, IMPAX ENVIRONMTL MKTS is likely to outperform the market. Additionally IMPAX ENVIRONMTL MKTS has an alpha of 0.1214, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IMPAX ENVIRONMTL Price Density |
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Predictive Modules for IMPAX ENVIRONMTL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IMPAX ENVIRONMTL MKTS. 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.IMPAX ENVIRONMTL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IMPAX ENVIRONMTL is not an exception. The market had few large corrections towards the IMPAX ENVIRONMTL'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 IMPAX ENVIRONMTL MKTS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IMPAX ENVIRONMTL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.0079 |
IMPAX ENVIRONMTL 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 IMPAX ENVIRONMTL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IMPAX ENVIRONMTL MKTS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IMPAX ENVIRONMTL has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (163.53 M) with profit before overhead, payroll, taxes, and interest of 254.73 M. |
IMPAX ENVIRONMTL Technical Analysis
IMPAX ENVIRONMTL's future price can be derived by breaking down and analyzing its technical indicators over time. IMPAX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IMPAX ENVIRONMTL MKTS. In general, you should focus on analyzing IMPAX Stock price patterns and their correlations with different microeconomic environments and drivers.
IMPAX ENVIRONMTL Predictive Forecast Models
IMPAX ENVIRONMTL's time-series forecasting models is one of many IMPAX ENVIRONMTL'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 IMPAX ENVIRONMTL'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 IMPAX ENVIRONMTL MKTS
Checking the ongoing alerts about IMPAX ENVIRONMTL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IMPAX ENVIRONMTL MKTS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IMPAX ENVIRONMTL has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (163.53 M) with profit before overhead, payroll, taxes, and interest of 254.73 M. |
Other Information on Investing in IMPAX Stock
IMPAX ENVIRONMTL financial ratios help investors to determine whether IMPAX 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 IMPAX with respect to the benefits of owning IMPAX ENVIRONMTL security.