Betsson AB (Sweden) Probability of Future Stock Price Finishing Over 144.24
| BETS-B Stock | SEK 144.24 0.66 0.46% |
Betsson |
Betsson AB Target Price Odds to finish over 144.24
The tendency of Betsson 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 above the current price in 90 days |
| 144.24 | 90 days | 144.24 | under 4 |
Based on a normal probability distribution, the odds of Betsson AB to move above the current price in 90 days from now is under 4 (This Betsson AB probability density function shows the probability of Betsson Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Betsson AB has a beta of -0.0283 suggesting as returns on the benchmark increase, returns on holding Betsson AB are expected to decrease at a much lower rate. During a bear market, however, Betsson AB is likely to outperform the market. Additionally Betsson AB has an alpha of 0.1742, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Betsson AB Price Density |
| Price |
Predictive Modules for Betsson 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 Betsson 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.Betsson AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Betsson AB is not an exception. The market had few large corrections towards the Betsson 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 Betsson AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Betsson AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 6.76 | |
Ir | Information ratio | 0.03 |
Betsson 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 Betsson AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Betsson 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.| Betsson AB has accumulated 142 M in total debt with debt to equity ratio (D/E) of 28.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Betsson AB has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Betsson AB until it has trouble settling it off, either with new capital or with free cash flow. So, Betsson AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Betsson AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Betsson to invest in growth at high rates of return. When we think about Betsson AB's use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of Betsson AB shares are held by company insiders |
Betsson 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 Betsson Stock often depends not only on the future outlook of the current and potential Betsson 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. Betsson AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 137.5 M | |
| Cash And Short Term Investments | 977.4 M |
Betsson AB Technical Analysis
Betsson AB's future price can be derived by breaking down and analyzing its technical indicators over time. Betsson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Betsson AB. In general, you should focus on analyzing Betsson Stock price patterns and their correlations with different microeconomic environments and drivers.
Betsson AB Predictive Forecast Models
Betsson AB's time-series forecasting models is one of many Betsson 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 Betsson 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 Betsson AB
Checking the ongoing alerts about Betsson AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Betsson AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Betsson AB has accumulated 142 M in total debt with debt to equity ratio (D/E) of 28.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Betsson AB has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Betsson AB until it has trouble settling it off, either with new capital or with free cash flow. So, Betsson AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Betsson AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Betsson to invest in growth at high rates of return. When we think about Betsson AB's use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of Betsson AB shares are held by company insiders |
Other Information on Investing in Betsson Stock
Betsson AB financial ratios help investors to determine whether Betsson 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 Betsson with respect to the benefits of owning Betsson AB security.