Boozt AB (Sweden) Odds of Future Stock Price Finishing Under 138.2
| BOOZT Stock | SEK 105.80 1.20 1.15% |
Boozt |
Boozt AB Target Price Odds to finish below 138.2
The tendency of Boozt 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 138.20 after 90 days |
| 105.80 | 90 days | 138.20 | close to 99 |
Based on a normal probability distribution, the odds of Boozt AB to stay under kr 138.20 after 90 days from now is close to 99 (This Boozt AB probability density function shows the probability of Boozt Stock to fall within a particular range of prices over 90 days) . Probability of Boozt AB price to stay between its current price of kr 105.80 and kr 138.20 at the end of the 90-day period is about 73.64 .
Assuming the 90 days trading horizon Boozt AB has a beta of -0.16 suggesting as returns on the benchmark increase, returns on holding Boozt AB are expected to decrease at a much lower rate. During a bear market, however, Boozt AB is likely to outperform the market. Additionally Boozt AB 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. Boozt AB Price Density |
| Price |
Predictive Modules for Boozt 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 Boozt 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boozt AB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Boozt AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boozt AB is not an exception. The market had few large corrections towards the Boozt 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 Boozt AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boozt AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 7.40 | |
Ir | Information ratio | -0.07 |
Boozt 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 Boozt AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boozt 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.| Boozt AB generated a negative expected return over the last 90 days | |
| Over 79.0% of the company shares are held by institutions such as insurance companies |
Boozt 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 Boozt Stock often depends not only on the future outlook of the current and potential Boozt 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. Boozt AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.2 M | |
| Cash And Short Term Investments | 1.5 B |
Boozt AB Technical Analysis
Boozt AB's future price can be derived by breaking down and analyzing its technical indicators over time. Boozt Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boozt AB. In general, you should focus on analyzing Boozt Stock price patterns and their correlations with different microeconomic environments and drivers.
Boozt AB Predictive Forecast Models
Boozt AB's time-series forecasting models is one of many Boozt 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 Boozt 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 Boozt AB
Checking the ongoing alerts about Boozt AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boozt AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boozt AB generated a negative expected return over the last 90 days | |
| Over 79.0% of the company shares are held by institutions such as insurance companies |
Additional Tools for Boozt Stock Analysis
When running Boozt AB's price analysis, check to measure Boozt 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 Boozt AB is operating at the current time. Most of Boozt AB's value examination focuses on studying past and present price action to predict the probability of Boozt 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 Boozt AB's price. Additionally, you may evaluate how the addition of Boozt AB to your portfolios can decrease your overall portfolio volatility.