Bewi Asa (Norway) Odds of Future Stock Price Finishing Under 23.6
| BEWI Stock | NOK 24.00 0.60 2.44% |
Bewi |
Bewi Asa Target Price Odds to finish below 23.6
The tendency of Bewi 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 23.60 or more in 90 days |
| 24.00 | 90 days | 23.60 | about 8.07 |
Based on a normal probability distribution, the odds of Bewi Asa to drop to 23.60 or more in 90 days from now is about 8.07 (This Bewi Asa probability density function shows the probability of Bewi Stock to fall within a particular range of prices over 90 days) . Probability of Bewi Asa price to stay between 23.60 and its current price of 24.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Bewi Asa has a beta of -0.32 suggesting as returns on the benchmark increase, returns on holding Bewi Asa are expected to decrease at a much lower rate. During a bear market, however, Bewi Asa is likely to outperform the market. Additionally Bewi Asa 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. Bewi Asa Price Density |
| Price |
Predictive Modules for Bewi Asa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bewi Asa. 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.Bewi Asa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bewi Asa is not an exception. The market had few large corrections towards the Bewi Asa'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 Bewi Asa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bewi Asa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 1.97 | |
Ir | Information ratio | -0.11 |
Bewi Asa 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 Bewi Asa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bewi Asa can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bewi Asa generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are held by company insiders |
Bewi Asa 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 Bewi Stock often depends not only on the future outlook of the current and potential Bewi Asa'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. Bewi Asa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 156.6 M | |
| Cash And Short Term Investments | 142.5 M |
Bewi Asa Technical Analysis
Bewi Asa's future price can be derived by breaking down and analyzing its technical indicators over time. Bewi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bewi Asa. In general, you should focus on analyzing Bewi Stock price patterns and their correlations with different microeconomic environments and drivers.
Bewi Asa Predictive Forecast Models
Bewi Asa's time-series forecasting models is one of many Bewi Asa'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 Bewi Asa'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 Bewi Asa
Checking the ongoing alerts about Bewi Asa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bewi Asa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bewi Asa generated a negative expected return over the last 90 days | |
| About 59.0% of the company shares are held by company insiders |
Other Information on Investing in Bewi Stock
Bewi Asa financial ratios help investors to determine whether Bewi 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 Bewi with respect to the benefits of owning Bewi Asa security.