AKSO HEALTH (Germany) Probability of Future Stock Price Finishing Under 0.87
| 8HX Stock | EUR 0.81 0.06 6.90% |
AKSO |
AKSO HEALTH Target Price Odds to finish below 0.87
The tendency of AKSO 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 € 0.87 after 90 days |
| 0.81 | 90 days | 0.87 | near 1 |
Based on a normal probability distribution, the odds of AKSO HEALTH to stay under € 0.87 after 90 days from now is near 1 (This AKSO HEALTH GR probability density function shows the probability of AKSO Stock to fall within a particular range of prices over 90 days) . Probability of AKSO HEALTH GR price to stay between its current price of € 0.81 and € 0.87 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon AKSO HEALTH has a beta of 0.69. This suggests as returns on the market go up, AKSO HEALTH average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AKSO HEALTH GR will be expected to be much smaller as well. Additionally AKSO HEALTH GR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. AKSO HEALTH Price Density |
| Price |
Predictive Modules for AKSO HEALTH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AKSO HEALTH GR. 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.AKSO HEALTH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AKSO HEALTH is not an exception. The market had few large corrections towards the AKSO HEALTH'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 AKSO HEALTH GR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AKSO HEALTH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.06 |
AKSO HEALTH 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 AKSO HEALTH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AKSO HEALTH GR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AKSO HEALTH GR generated a negative expected return over the last 90 days | |
| AKSO HEALTH GR has high historical volatility and very poor performance | |
| AKSO HEALTH GR has some characteristics of a very speculative penny stock | |
| AKSO HEALTH GR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.31 M. Net Loss for the year was (71.2 M) with profit before overhead, payroll, taxes, and interest of 916.23 K. | |
| AKSO HEALTH GR has accumulated about 10.93 M in cash with (55.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22. |
AKSO HEALTH Technical Analysis
AKSO HEALTH's future price can be derived by breaking down and analyzing its technical indicators over time. AKSO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AKSO HEALTH GR. In general, you should focus on analyzing AKSO Stock price patterns and their correlations with different microeconomic environments and drivers.
AKSO HEALTH Predictive Forecast Models
AKSO HEALTH's time-series forecasting models is one of many AKSO HEALTH'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 AKSO HEALTH'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 AKSO HEALTH GR
Checking the ongoing alerts about AKSO HEALTH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AKSO HEALTH GR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AKSO HEALTH GR generated a negative expected return over the last 90 days | |
| AKSO HEALTH GR has high historical volatility and very poor performance | |
| AKSO HEALTH GR has some characteristics of a very speculative penny stock | |
| AKSO HEALTH GR has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.31 M. Net Loss for the year was (71.2 M) with profit before overhead, payroll, taxes, and interest of 916.23 K. | |
| AKSO HEALTH GR has accumulated about 10.93 M in cash with (55.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22. |
Other Information on Investing in AKSO Stock
AKSO HEALTH financial ratios help investors to determine whether AKSO 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 AKSO with respect to the benefits of owning AKSO HEALTH security.