Athanase Innovation (Sweden) Probability of Future Stock Price Finishing Over 34.26
| ATIN Stock | 20.20 0.40 1.94% |
Athanase |
Athanase Innovation Target Price Odds to finish over 34.26
The tendency of Athanase 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 34.26 or more in 90 days |
| 20.20 | 90 days | 34.26 | near 1 |
Based on a normal probability distribution, the odds of Athanase Innovation to move over 34.26 or more in 90 days from now is near 1 (This Athanase Innovation AB probability density function shows the probability of Athanase Stock to fall within a particular range of prices over 90 days) . Probability of Athanase Innovation price to stay between its current price of 20.20 and 34.26 at the end of the 90-day period is about 69.56 .
Assuming the 90 days trading horizon Athanase Innovation has a beta of 0.0337. This suggests as returns on the market go up, Athanase Innovation average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Athanase Innovation AB will be expected to be much smaller as well. Additionally Athanase Innovation AB has an alpha of 0.1629, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Athanase Innovation Price Density |
| Price |
Predictive Modules for Athanase Innovation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Athanase Innovation. 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.Athanase Innovation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Athanase Innovation is not an exception. The market had few large corrections towards the Athanase Innovation'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 Athanase Innovation AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Athanase Innovation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | 0.02 |
Athanase Innovation 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 Athanase Innovation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Athanase Innovation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Athanase Innovation had very high historical volatility over the last 90 days |
Athanase Innovation Technical Analysis
Athanase Innovation's future price can be derived by breaking down and analyzing its technical indicators over time. Athanase Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Athanase Innovation AB. In general, you should focus on analyzing Athanase Stock price patterns and their correlations with different microeconomic environments and drivers.
Athanase Innovation Predictive Forecast Models
Athanase Innovation's time-series forecasting models is one of many Athanase Innovation'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 Athanase Innovation'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 Athanase Innovation
Checking the ongoing alerts about Athanase Innovation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Athanase Innovation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Athanase Innovation had very high historical volatility over the last 90 days |
Additional Tools for Athanase Stock Analysis
When running Athanase Innovation's price analysis, check to measure Athanase Innovation'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 Athanase Innovation is operating at the current time. Most of Athanase Innovation's value examination focuses on studying past and present price action to predict the probability of Athanase Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athanase Innovation's price. Additionally, you may evaluate how the addition of Athanase Innovation to your portfolios can decrease your overall portfolio volatility.