Better Collective (Sweden) Probability of Future Stock Price Finishing Under 112.80
| BETCO Stock | SEK 118.80 2.80 2.30% |
Better |
Better Collective Target Price Odds to finish below 112.80
The tendency of Better 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 112.80 or more in 90 days |
| 118.80 | 90 days | 112.80 | about 7.3 |
Based on a normal probability distribution, the odds of Better Collective to drop to kr 112.80 or more in 90 days from now is about 7.3 (This Better Collective probability density function shows the probability of Better Stock to fall within a particular range of prices over 90 days) . Probability of Better Collective price to stay between kr 112.80 and its current price of kr118.8 at the end of the 90-day period is roughly 2.1 .
Assuming the 90 days trading horizon Better Collective has a beta of 0.81 suggesting as returns on the market go up, Better Collective average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Better Collective will be expected to be much smaller as well. Additionally Better Collective 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. Better Collective Price Density |
| Price |
Predictive Modules for Better Collective
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Better Collective. 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.Better Collective Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Better Collective is not an exception. The market had few large corrections towards the Better Collective'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 Better Collective, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Better Collective within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.79 | |
β | Beta against Dow Jones | 0.81 | |
σ | Overall volatility | 43.81 | |
Ir | Information ratio | -0.15 |
Better Collective 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 Better Collective for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Better Collective can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Better Collective generated a negative expected return over the last 90 days | |
| Better Collective has high historical volatility and very poor performance | |
| About 48.0% of the company shares are held by company insiders |
Better Collective 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 Better Stock often depends not only on the future outlook of the current and potential Better Collective'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. Better Collective's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.9 M | |
| Cash And Short Term Investments | 28.6 M |
Better Collective Technical Analysis
Better Collective's future price can be derived by breaking down and analyzing its technical indicators over time. Better Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Better Collective. In general, you should focus on analyzing Better Stock price patterns and their correlations with different microeconomic environments and drivers.
Better Collective Predictive Forecast Models
Better Collective's time-series forecasting models is one of many Better Collective'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 Better Collective'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 Better Collective
Checking the ongoing alerts about Better Collective for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Better Collective help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Better Collective generated a negative expected return over the last 90 days | |
| Better Collective has high historical volatility and very poor performance | |
| About 48.0% of the company shares are held by company insiders |
Additional Tools for Better Stock Analysis
When running Better Collective's price analysis, check to measure Better Collective'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 Better Collective is operating at the current time. Most of Better Collective's value examination focuses on studying past and present price action to predict the probability of Better Collective's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Collective's price. Additionally, you may evaluate how the addition of Better Collective to your portfolios can decrease your overall portfolio volatility.