Bergenbio ASA (Norway) Probability of Future Stock Price Finishing Over 15.88
| BGBIO Stock | NOK 12.70 2.72 27.25% |
Bergenbio |
Bergenbio ASA Target Price Odds to finish over 15.88
The tendency of Bergenbio 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 over 15.88 or more in 90 days |
| 12.70 | 90 days | 15.88 | near 1 |
Based on a normal probability distribution, the odds of Bergenbio ASA to move over 15.88 or more in 90 days from now is near 1 (This Bergenbio ASA probability density function shows the probability of Bergenbio Stock to fall within a particular range of prices over 90 days) . Probability of Bergenbio ASA price to stay between its current price of 12.70 and 15.88 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Bergenbio ASA has a beta of 0.67 suggesting as returns on the market go up, Bergenbio ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bergenbio ASA will be expected to be much smaller as well. Additionally Bergenbio ASA has an alpha of 0.4475, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bergenbio ASA Price Density |
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Predictive Modules for Bergenbio 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 Bergenbio 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.Bergenbio ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bergenbio ASA is not an exception. The market had few large corrections towards the Bergenbio 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 Bergenbio ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bergenbio ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 1.43 | |
Ir | Information ratio | 0.05 |
Bergenbio 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 Bergenbio ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bergenbio 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.| Bergenbio ASA is way too risky over 90 days horizon | |
| Bergenbio ASA appears to be risky and price may revert if volatility continues | |
| Bergenbio ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 774 K. Net Loss for the year was (309.36 M) with profit before overhead, payroll, taxes, and interest of 774 K. | |
| Bergenbio ASA has accumulated about 436.65 M in cash with (303.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.59. | |
| Roughly 35.0% of the company shares are held by company insiders |
Bergenbio 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 Bergenbio Stock often depends not only on the future outlook of the current and potential Bergenbio 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. Bergenbio ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88 M | |
| Cash And Short Term Investments | 435.9 M |
Bergenbio ASA Technical Analysis
Bergenbio ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Bergenbio Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bergenbio ASA. In general, you should focus on analyzing Bergenbio Stock price patterns and their correlations with different microeconomic environments and drivers.
Bergenbio ASA Predictive Forecast Models
Bergenbio ASA's time-series forecasting models is one of many Bergenbio 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 Bergenbio 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 Bergenbio ASA
Checking the ongoing alerts about Bergenbio ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bergenbio ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bergenbio ASA is way too risky over 90 days horizon | |
| Bergenbio ASA appears to be risky and price may revert if volatility continues | |
| Bergenbio ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 774 K. Net Loss for the year was (309.36 M) with profit before overhead, payroll, taxes, and interest of 774 K. | |
| Bergenbio ASA has accumulated about 436.65 M in cash with (303.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.59. | |
| Roughly 35.0% of the company shares are held by company insiders |
Other Information on Investing in Bergenbio Stock
Bergenbio ASA financial ratios help investors to determine whether Bergenbio 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 Bergenbio with respect to the benefits of owning Bergenbio ASA security.