Finnair Oyj (UK) Probability of Future Stock Price Finishing Under 0.14
| 0EG8 Stock | 2.13 0.04 1.84% |
Finnair |
Finnair Oyj Target Price Odds to finish below 0.14
The tendency of Finnair 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 drop to 0.14 or more in 90 days |
| 2.13 | 90 days | 0.14 | near 1 |
Based on a normal probability distribution, the odds of Finnair Oyj to drop to 0.14 or more in 90 days from now is near 1 (This Finnair Oyj probability density function shows the probability of Finnair Stock to fall within a particular range of prices over 90 days) . Probability of Finnair Oyj price to stay between 0.14 and its current price of 2.13 at the end of the 90-day period is about 1.07 .
Assuming the 90 days trading horizon Finnair Oyj has a beta of 0.32. This suggests as returns on the market go up, Finnair Oyj average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Finnair Oyj will be expected to be much smaller as well. Additionally Finnair Oyj 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. Finnair Oyj Price Density |
| Price |
Predictive Modules for Finnair Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Finnair Oyj. 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.Finnair Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Finnair Oyj is not an exception. The market had few large corrections towards the Finnair Oyj'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 Finnair Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Finnair Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.14 |
Finnair Oyj 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 Finnair Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Finnair Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Finnair Oyj generated a negative expected return over the last 90 days | |
| Finnair Oyj is unlikely to experience financial distress in the next 2 years | |
| About 57.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Earnings Update Finnair Oyj Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts - Simply Wall St |
Finnair Oyj 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 Finnair Stock often depends not only on the future outlook of the current and potential Finnair Oyj'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. Finnair Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.4 M | |
| Dividends Paid | 20.4 M | |
| Cash And Short Term Investments | 921.9 M | |
| Shares Float | 70.8 M |
Finnair Oyj Technical Analysis
Finnair Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Finnair Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Finnair Oyj. In general, you should focus on analyzing Finnair Stock price patterns and their correlations with different microeconomic environments and drivers.
Finnair Oyj Predictive Forecast Models
Finnair Oyj's time-series forecasting models is one of many Finnair Oyj'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 Finnair Oyj'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 Finnair Oyj
Checking the ongoing alerts about Finnair Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Finnair Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Finnair Oyj generated a negative expected return over the last 90 days | |
| Finnair Oyj is unlikely to experience financial distress in the next 2 years | |
| About 57.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Earnings Update Finnair Oyj Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts - Simply Wall St |
Additional Tools for Finnair Stock Analysis
When running Finnair Oyj's price analysis, check to measure Finnair Oyj'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 Finnair Oyj is operating at the current time. Most of Finnair Oyj's value examination focuses on studying past and present price action to predict the probability of Finnair Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finnair Oyj's price. Additionally, you may evaluate how the addition of Finnair Oyj to your portfolios can decrease your overall portfolio volatility.