Acarix AS (Sweden) Probability of Future Stock Price Finishing Over 15.63
| ACARIX Stock | SEK 0.27 0.03 10.00% |
Acarix |
Acarix AS Target Price Odds to finish over 15.63
The tendency of Acarix 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 over kr 15.63 or more in 90 days |
| 0.27 | 90 days | 15.63 | close to zero percent |
Based on a normal probability distribution, the odds of Acarix AS to move over kr 15.63 or more in 90 days from now is close to zero percent (This Acarix AS probability density function shows the probability of Acarix Stock to fall within a particular range of prices over 90 days) . Probability of Acarix AS price to stay between its current price of kr 0.27 and kr 15.63 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Acarix AS has a beta of -0.84. This suggests as returns on the benchmark increase, returns on holding Acarix AS are expected to decrease at a much lower rate. During a bear market, however, Acarix AS is likely to outperform the market. Additionally Acarix AS 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. Acarix AS Price Density |
| Price |
Predictive Modules for Acarix AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acarix AS. 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.Acarix AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Acarix AS is not an exception. The market had few large corrections towards the Acarix AS'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 Acarix AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Acarix AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.84 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.05 |
Acarix AS 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 Acarix AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Acarix AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Acarix AS generated a negative expected return over the last 90 days | |
| Acarix AS has high historical volatility and very poor performance | |
| Acarix AS has some characteristics of a very speculative penny stock | |
| Acarix AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.76 M. Net Loss for the year was (51.73 M) with profit before overhead, payroll, taxes, and interest of 2.82 M. | |
| Acarix AS has accumulated about 15.86 M in cash with (48.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Acarix AS 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 Acarix Stock often depends not only on the future outlook of the current and potential Acarix AS'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. Acarix AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 150.3 M | |
| Cash And Short Term Investments | 15.8 M |
Acarix AS Technical Analysis
Acarix AS's future price can be derived by breaking down and analyzing its technical indicators over time. Acarix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Acarix AS. In general, you should focus on analyzing Acarix Stock price patterns and their correlations with different microeconomic environments and drivers.
Acarix AS Predictive Forecast Models
Acarix AS's time-series forecasting models is one of many Acarix AS'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 Acarix AS'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 Acarix AS
Checking the ongoing alerts about Acarix AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Acarix AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Acarix AS generated a negative expected return over the last 90 days | |
| Acarix AS has high historical volatility and very poor performance | |
| Acarix AS has some characteristics of a very speculative penny stock | |
| Acarix AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.76 M. Net Loss for the year was (51.73 M) with profit before overhead, payroll, taxes, and interest of 2.82 M. | |
| Acarix AS has accumulated about 15.86 M in cash with (48.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Acarix Stock
Acarix AS financial ratios help investors to determine whether Acarix 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 Acarix with respect to the benefits of owning Acarix AS security.