Beijer Ref (Sweden) Probability of Future Stock Price Finishing Under 154.35
| BEIJ-B Stock | SEK 161.70 0.75 0.46% |
Beijer |
Beijer Ref Target Price Odds to finish below 154.35
The tendency of Beijer 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 drop to kr 154.35 or more in 90 days |
| 161.70 | 90 days | 154.35 | near 1 |
Based on a normal probability distribution, the odds of Beijer Ref to drop to kr 154.35 or more in 90 days from now is near 1 (This Beijer Ref AB probability density function shows the probability of Beijer Stock to fall within a particular range of prices over 90 days) . Probability of Beijer Ref AB price to stay between kr 154.35 and its current price of kr161.7 at the end of the 90-day period is about 17.85 .
Assuming the 90 days trading horizon Beijer Ref has a beta of 0.2 suggesting as returns on the market go up, Beijer Ref average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Beijer Ref AB will be expected to be much smaller as well. Additionally Beijer Ref 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. Beijer Ref Price Density |
| Price |
Predictive Modules for Beijer Ref
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beijer Ref 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.Beijer Ref Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Beijer Ref is not an exception. The market had few large corrections towards the Beijer Ref'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 Beijer Ref AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Beijer Ref within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 5.11 | |
Ir | Information ratio | -0.08 |
Beijer Ref 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 Beijer Ref for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Beijer Ref 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.| Beijer Ref AB generated a negative expected return over the last 90 days | |
| Beijer Ref AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 84.0% of the company shares are held by institutions such as insurance companies |
Beijer Ref 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 Beijer Stock often depends not only on the future outlook of the current and potential Beijer Ref'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. Beijer Ref's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 380.3 M |
Beijer Ref Technical Analysis
Beijer Ref's future price can be derived by breaking down and analyzing its technical indicators over time. Beijer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Beijer Ref AB. In general, you should focus on analyzing Beijer Stock price patterns and their correlations with different microeconomic environments and drivers.
Beijer Ref Predictive Forecast Models
Beijer Ref's time-series forecasting models is one of many Beijer Ref'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 Beijer Ref'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 Beijer Ref AB
Checking the ongoing alerts about Beijer Ref for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Beijer Ref AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Beijer Ref AB generated a negative expected return over the last 90 days | |
| Beijer Ref AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 84.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Beijer Stock
Beijer Ref financial ratios help investors to determine whether Beijer 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 Beijer with respect to the benefits of owning Beijer Ref security.