Atea ASA (Norway) Odds of Future Stock Price Finishing Over 129.92
| ATEA Stock | NOK 137.00 2.00 1.48% |
Atea |
Atea ASA Target Price Odds to finish over 129.92
The tendency of Atea 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 above 129.92 in 90 days |
| 137.00 | 90 days | 129.92 | about 91.83 |
Based on a normal probability distribution, the odds of Atea ASA to stay above 129.92 in 90 days from now is about 91.83 (This Atea ASA probability density function shows the probability of Atea Stock to fall within a particular range of prices over 90 days) . Probability of Atea ASA price to stay between 129.92 and its current price of 137.0 at the end of the 90-day period is about 54.24 .
Assuming the 90 days trading horizon Atea ASA has a beta of 0.0657. This suggests as returns on the market go up, Atea ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atea ASA will be expected to be much smaller as well. Additionally Atea ASA 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. Atea ASA Price Density |
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Predictive Modules for Atea ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atea ASA. 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.Atea ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atea ASA is not an exception. The market had few large corrections towards the Atea ASA'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 Atea ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atea ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 4.14 | |
Ir | Information ratio | -0.06 |
Atea ASA 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 Atea ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atea ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atea ASA generated a negative expected return over the last 90 days | |
| Atea ASA has accumulated 1.51 Billion in debt which can lead to volatile earnings | |
| Atea ASA has accumulated 1.51 B in total debt with debt to equity ratio (D/E) of 71.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atea ASA has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Atea ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Atea ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Atea ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atea to invest in growth at high rates of return. When we think about Atea ASA's use of debt, we should always consider it together with cash and equity. | |
| About 28.0% of Atea ASA shares are held by company insiders |
Atea ASA 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 Atea Stock often depends not only on the future outlook of the current and potential Atea ASA'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. Atea ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 110 M | |
| Cash And Short Term Investments | 1.4 B |
Atea ASA Technical Analysis
Atea ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Atea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atea ASA. In general, you should focus on analyzing Atea Stock price patterns and their correlations with different microeconomic environments and drivers.
Atea ASA Predictive Forecast Models
Atea ASA's time-series forecasting models is one of many Atea ASA'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 Atea ASA'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 Atea ASA
Checking the ongoing alerts about Atea ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atea ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atea ASA generated a negative expected return over the last 90 days | |
| Atea ASA has accumulated 1.51 Billion in debt which can lead to volatile earnings | |
| Atea ASA has accumulated 1.51 B in total debt with debt to equity ratio (D/E) of 71.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atea ASA has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Atea ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Atea ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Atea ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atea to invest in growth at high rates of return. When we think about Atea ASA's use of debt, we should always consider it together with cash and equity. | |
| About 28.0% of Atea ASA shares are held by company insiders |
Other Information on Investing in Atea Stock
Atea ASA financial ratios help investors to determine whether Atea 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 Atea with respect to the benefits of owning Atea ASA security.