BoMill AB (Sweden) Probability of Future Stock Price Finishing Under 1.35
| BOMILL Stock | SEK 1.16 0.13 10.08% |
BoMill |
BoMill AB Target Price Odds to finish below 1.35
The tendency of BoMill 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 under kr 1.35 after 90 days |
| 1.16 | 90 days | 1.35 | close to 99 |
Based on a normal probability distribution, the odds of BoMill AB to stay under kr 1.35 after 90 days from now is close to 99 (This BoMill AB probability density function shows the probability of BoMill Stock to fall within a particular range of prices over 90 days) . Probability of BoMill AB price to stay between its current price of kr 1.16 and kr 1.35 at the end of the 90-day period is about 6.06 .
Assuming the 90 days trading horizon BoMill AB has a beta of 0.68 suggesting as returns on the market go up, BoMill AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BoMill AB will be expected to be much smaller as well. Additionally BoMill AB has an alpha of 0.6737, implying that it can generate a 0.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BoMill AB Price Density |
| Price |
Predictive Modules for BoMill 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 BoMill 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.BoMill AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BoMill AB is not an exception. The market had few large corrections towards the BoMill 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 BoMill AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BoMill AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | 0.19 |
BoMill 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 BoMill AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BoMill 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.| BoMill AB may become a speculative penny stock | |
| BoMill AB appears to be risky and price may revert if volatility continues | |
| BoMill AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 983 K. Net Loss for the year was (22.72 M) with profit before overhead, payroll, taxes, and interest of 163 K. | |
| BoMill AB has accumulated about 17.33 M in cash with (21.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 44.0% of the company shares are held by company insiders |
BoMill 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 BoMill Stock often depends not only on the future outlook of the current and potential BoMill 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. BoMill AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.2 M | |
| Cash And Short Term Investments | 14.5 M |
BoMill AB Technical Analysis
BoMill AB's future price can be derived by breaking down and analyzing its technical indicators over time. BoMill Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BoMill AB. In general, you should focus on analyzing BoMill Stock price patterns and their correlations with different microeconomic environments and drivers.
BoMill AB Predictive Forecast Models
BoMill AB's time-series forecasting models is one of many BoMill 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 BoMill 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 BoMill AB
Checking the ongoing alerts about BoMill AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BoMill AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BoMill AB may become a speculative penny stock | |
| BoMill AB appears to be risky and price may revert if volatility continues | |
| BoMill AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 983 K. Net Loss for the year was (22.72 M) with profit before overhead, payroll, taxes, and interest of 163 K. | |
| BoMill AB has accumulated about 17.33 M in cash with (21.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 44.0% of the company shares are held by company insiders |
Other Information on Investing in BoMill Stock
BoMill AB financial ratios help investors to determine whether BoMill 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 BoMill with respect to the benefits of owning BoMill AB security.