Axfood AB (UK) Probability of Future Stock Price Finishing Under 236.19
| 0R6R Stock | 236.00 0.20 0.08% |
Axfood |
Axfood AB Target Price Odds to finish below 236.19
The tendency of Axfood 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 236.19 after 90 days |
| 236.00 | 90 days | 236.19 | about 11.38 |
Based on a normal probability distribution, the odds of Axfood AB to stay under 236.19 after 90 days from now is about 11.38 (This Axfood AB probability density function shows the probability of Axfood Stock to fall within a particular range of prices over 90 days) . Probability of Axfood AB price to stay between its current price of 236.00 and 236.19 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Axfood AB has a beta of 0.58. This suggests as returns on the market go up, Axfood AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Axfood AB will be expected to be much smaller as well. Additionally Axfood AB 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. Axfood AB Price Density |
| Price |
Predictive Modules for Axfood AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Axfood AB. 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.Axfood AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Axfood AB is not an exception. The market had few large corrections towards the Axfood AB'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 Axfood AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Axfood AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 20.78 | |
Ir | Information ratio | -0.22 |
Axfood AB 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 Axfood AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Axfood AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Axfood AB generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees |
Axfood AB Technical Analysis
Axfood AB's future price can be derived by breaking down and analyzing its technical indicators over time. Axfood Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Axfood AB. In general, you should focus on analyzing Axfood Stock price patterns and their correlations with different microeconomic environments and drivers.
Axfood AB Predictive Forecast Models
Axfood AB's time-series forecasting models is one of many Axfood AB'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 Axfood AB'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 Axfood AB
Checking the ongoing alerts about Axfood AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Axfood AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Axfood AB generated a negative expected return over the last 90 days | |
| About 51.0% of the company shares are owned by insiders or employees |
Additional Tools for Axfood Stock Analysis
When running Axfood AB's price analysis, check to measure Axfood AB'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 Axfood AB is operating at the current time. Most of Axfood AB's value examination focuses on studying past and present price action to predict the probability of Axfood AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axfood AB's price. Additionally, you may evaluate how the addition of Axfood AB to your portfolios can decrease your overall portfolio volatility.