Boliden AB (Sweden) Probability of Future Stock Price Finishing Over 320.19
| BOL Stock | SEK 323.50 3.30 1.01% |
Boliden |
Boliden AB Target Price Odds to finish over 320.19
The tendency of Boliden 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 stay above kr 320.19 in 90 days |
| 323.50 | 90 days | 320.19 | about 53.76 |
Based on a normal probability distribution, the odds of Boliden AB to stay above kr 320.19 in 90 days from now is about 53.76 (This Boliden AB probability density function shows the probability of Boliden Stock to fall within a particular range of prices over 90 days) . Probability of Boliden AB price to stay between kr 320.19 and its current price of kr323.5 at the end of the 90-day period is about 7.24 .
Assuming the 90 days trading horizon Boliden AB has a beta of 0.49 suggesting as returns on the market go up, Boliden AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Boliden AB will be expected to be much smaller as well. Additionally Boliden AB has an alpha of 0.0086, implying that it can generate a 0.008617 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Boliden AB Price Density |
| Price |
Predictive Modules for Boliden 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 Boliden 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.Boliden AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boliden AB is not an exception. The market had few large corrections towards the Boliden 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 Boliden AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boliden AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 18.20 | |
Ir | Information ratio | -0.03 |
Boliden 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 Boliden AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boliden 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.| About 56.0% of the company shares are held by institutions such as insurance companies |
Boliden 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 Boliden Stock often depends not only on the future outlook of the current and potential Boliden 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. Boliden AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 547 M | |
| Cash And Short Term Investments | 8.3 B |
Boliden AB Technical Analysis
Boliden AB's future price can be derived by breaking down and analyzing its technical indicators over time. Boliden Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boliden AB. In general, you should focus on analyzing Boliden Stock price patterns and their correlations with different microeconomic environments and drivers.
Boliden AB Predictive Forecast Models
Boliden AB's time-series forecasting models is one of many Boliden 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 Boliden 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 Boliden AB
Checking the ongoing alerts about Boliden AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boliden AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 56.0% of the company shares are held by institutions such as insurance companies |
Additional Tools for Boliden Stock Analysis
When running Boliden AB's price analysis, check to measure Boliden AB'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 Boliden AB is operating at the current time. Most of Boliden AB's value examination focuses on studying past and present price action to predict the probability of Boliden AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boliden AB's price. Additionally, you may evaluate how the addition of Boliden AB to your portfolios can decrease your overall portfolio volatility.