Aurskog Sparebank (Norway) Probability of Future Stock Price Finishing Over 237.62
| AURG Stock | NOK 235.95 3.00 1.26% |
Aurskog |
Aurskog Sparebank Target Price Odds to finish over 237.62
The tendency of Aurskog 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 237.62 or more in 90 days |
| 235.95 | 90 days | 237.62 | about 1.6 |
Based on a normal probability distribution, the odds of Aurskog Sparebank to move over 237.62 or more in 90 days from now is about 1.6 (This Aurskog Sparebank probability density function shows the probability of Aurskog Stock to fall within a particular range of prices over 90 days) . Probability of Aurskog Sparebank price to stay between its current price of 235.95 and 237.62 at the end of the 90-day period is about 5.13 .
Assuming the 90 days trading horizon Aurskog Sparebank has a beta of 0.21. This suggests as returns on the market go up, Aurskog Sparebank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aurskog Sparebank will be expected to be much smaller as well. Additionally Aurskog Sparebank 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. Aurskog Sparebank Price Density |
| Price |
Predictive Modules for Aurskog Sparebank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aurskog Sparebank. 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.Aurskog Sparebank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aurskog Sparebank is not an exception. The market had few large corrections towards the Aurskog Sparebank'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 Aurskog Sparebank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aurskog Sparebank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0061 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 2.58 | |
Ir | Information ratio | -0.12 |
Aurskog Sparebank 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 Aurskog Sparebank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aurskog Sparebank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aurskog Sparebank has high likelihood to experience some financial distress in the next 2 years | |
| Aurskog Sparebank has accumulated about 328.15 M in cash with (24.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 137.83. | |
| Roughly 38.0% of the company shares are held by company insiders |
Aurskog Sparebank 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 Aurskog Stock often depends not only on the future outlook of the current and potential Aurskog Sparebank'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. Aurskog Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.6 M |
Aurskog Sparebank Technical Analysis
Aurskog Sparebank's future price can be derived by breaking down and analyzing its technical indicators over time. Aurskog Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aurskog Sparebank. In general, you should focus on analyzing Aurskog Stock price patterns and their correlations with different microeconomic environments and drivers.
Aurskog Sparebank Predictive Forecast Models
Aurskog Sparebank's time-series forecasting models is one of many Aurskog Sparebank'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 Aurskog Sparebank'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 Aurskog Sparebank
Checking the ongoing alerts about Aurskog Sparebank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aurskog Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aurskog Sparebank has high likelihood to experience some financial distress in the next 2 years | |
| Aurskog Sparebank has accumulated about 328.15 M in cash with (24.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 137.83. | |
| Roughly 38.0% of the company shares are held by company insiders |
Other Information on Investing in Aurskog Stock
Aurskog Sparebank financial ratios help investors to determine whether Aurskog 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 Aurskog with respect to the benefits of owning Aurskog Sparebank security.