Byggmstare Anders (Sweden) Probability of Future Stock Price Finishing Over 260.00
AJA-B Stock | SEK 260.00 5.00 1.96% |
Byggmstare |
Byggmstare Anders Target Price Odds to finish over 260.00
The tendency of Byggmstare 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 above the current price in 90 days |
260.00 | 90 days | 260.00 | about 64.37 |
Based on a normal probability distribution, the odds of Byggmstare Anders to move above the current price in 90 days from now is about 64.37 (This Byggmstare Anders J probability density function shows the probability of Byggmstare Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Byggmstare Anders J has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Byggmstare Anders are expected to decrease at a much lower rate. During a bear market, however, Byggmstare Anders J is likely to outperform the market. Additionally Byggmstare Anders J has an alpha of 0.0025, implying that it can generate a 0.002473 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Byggmstare Anders Price Density |
Price |
Predictive Modules for Byggmstare Anders
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Byggmstare Anders. 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.Byggmstare Anders Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Byggmstare Anders is not an exception. The market had few large corrections towards the Byggmstare Anders' 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 Byggmstare Anders J, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Byggmstare Anders within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 8.47 | |
Ir | Information ratio | -0.11 |
Byggmstare Anders 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 Byggmstare Anders for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Byggmstare Anders can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.About 81.0% of the company shares are held by company insiders |
Byggmstare Anders 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 Byggmstare Stock often depends not only on the future outlook of the current and potential Byggmstare Anders' 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. Byggmstare Anders' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 107.5 M | |
Cash And Short Term Investments | 371.2 M |
Byggmstare Anders Technical Analysis
Byggmstare Anders' future price can be derived by breaking down and analyzing its technical indicators over time. Byggmstare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Byggmstare Anders J. In general, you should focus on analyzing Byggmstare Stock price patterns and their correlations with different microeconomic environments and drivers.
Byggmstare Anders Predictive Forecast Models
Byggmstare Anders' time-series forecasting models is one of many Byggmstare Anders' 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 Byggmstare Anders' 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 Byggmstare Anders
Checking the ongoing alerts about Byggmstare Anders for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Byggmstare Anders help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 81.0% of the company shares are held by company insiders |
Additional Tools for Byggmstare Stock Analysis
When running Byggmstare Anders' price analysis, check to measure Byggmstare Anders' 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 Byggmstare Anders is operating at the current time. Most of Byggmstare Anders' value examination focuses on studying past and present price action to predict the probability of Byggmstare Anders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byggmstare Anders' price. Additionally, you may evaluate how the addition of Byggmstare Anders to your portfolios can decrease your overall portfolio volatility.