AXichem AB (Sweden) Probability of Future Stock Price Finishing Over 1.2
| AXIC-A Stock | SEK 1.45 0.16 12.40% |
AXichem |
AXichem AB Target Price Odds to finish over 1.2
The tendency of AXichem 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 kr 1.20 in 90 days |
| 1.45 | 90 days | 1.20 | about 78.81 |
Based on a normal probability distribution, the odds of AXichem AB to stay above kr 1.20 in 90 days from now is about 78.81 (This aXichem AB probability density function shows the probability of AXichem Stock to fall within a particular range of prices over 90 days) . Probability of aXichem AB price to stay between kr 1.20 and its current price of kr1.45 at the end of the 90-day period is about 59.5 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.13 . This suggests aXichem AB market returns are sensitive to returns on the market. As the market goes up or down, AXichem AB is expected to follow. Additionally AXichem AB 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. AXichem AB Price Density |
| Price |
Predictive Modules for AXichem AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as aXichem AB. 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.AXichem AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AXichem AB is not an exception. The market had few large corrections towards the AXichem AB'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 aXichem AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AXichem AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.0031 |
AXichem AB 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 AXichem AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for aXichem AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| aXichem AB had very high historical volatility over the last 90 days | |
| aXichem AB may become a speculative penny stock | |
| The company reported the revenue of 4.36 M. Net Loss for the year was (15.09 M) with profit before overhead, payroll, taxes, and interest of 909 K. | |
| aXichem AB has accumulated about 39.34 M in cash with (15.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.62, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 33.0% of the company shares are held by company insiders |
AXichem AB 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 AXichem Stock often depends not only on the future outlook of the current and potential AXichem AB'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. AXichem AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.9 M | |
| Cash And Short Term Investments | 9.5 M |
AXichem AB Technical Analysis
AXichem AB's future price can be derived by breaking down and analyzing its technical indicators over time. AXichem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of aXichem AB. In general, you should focus on analyzing AXichem Stock price patterns and their correlations with different microeconomic environments and drivers.
AXichem AB Predictive Forecast Models
AXichem AB's time-series forecasting models is one of many AXichem AB'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 AXichem AB'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 aXichem AB
Checking the ongoing alerts about AXichem AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for aXichem AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| aXichem AB had very high historical volatility over the last 90 days | |
| aXichem AB may become a speculative penny stock | |
| The company reported the revenue of 4.36 M. Net Loss for the year was (15.09 M) with profit before overhead, payroll, taxes, and interest of 909 K. | |
| aXichem AB has accumulated about 39.34 M in cash with (15.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.62, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 33.0% of the company shares are held by company insiders |
Other Information on Investing in AXichem Stock
AXichem AB financial ratios help investors to determine whether AXichem 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 AXichem with respect to the benefits of owning AXichem AB security.