Botnia Exploration (Sweden) Probability of Future Stock Price Finishing Over 12.90
| BOTX Stock | SEK 12.90 0.25 1.90% |
Botnia |
Botnia Exploration Target Price Odds to finish over 12.90
The tendency of Botnia 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 above the current price in 90 days |
| 12.90 | 90 days | 12.90 | about 68.66 |
Based on a normal probability distribution, the odds of Botnia Exploration to move above the current price in 90 days from now is about 68.66 (This Botnia Exploration Holding probability density function shows the probability of Botnia Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Botnia Exploration has a beta of 0.25 suggesting as returns on the market go up, Botnia Exploration average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Botnia Exploration Holding will be expected to be much smaller as well. Additionally Botnia Exploration Holding has an alpha of 0.1341, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Botnia Exploration Price Density |
| Price |
Predictive Modules for Botnia Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Botnia Exploration. 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.Botnia Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Botnia Exploration is not an exception. The market had few large corrections towards the Botnia Exploration'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 Botnia Exploration Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Botnia Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | 0.01 |
Botnia Exploration 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 Botnia Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Botnia Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Botnia Exploration had very high historical volatility over the last 90 days | |
| Net Loss for the year was (5.57 M) with loss before overhead, payroll, taxes, and interest of (242 K). | |
| Botnia Exploration Holding has accumulated about 8.68 M in cash with (3.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Roughly 34.0% of the company shares are held by company insiders |
Botnia Exploration 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 Botnia Stock often depends not only on the future outlook of the current and potential Botnia Exploration'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. Botnia Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.9 M | |
| Cash And Short Term Investments | 14.3 M |
Botnia Exploration Technical Analysis
Botnia Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. Botnia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Botnia Exploration Holding. In general, you should focus on analyzing Botnia Stock price patterns and their correlations with different microeconomic environments and drivers.
Botnia Exploration Predictive Forecast Models
Botnia Exploration's time-series forecasting models is one of many Botnia Exploration'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 Botnia Exploration'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 Botnia Exploration
Checking the ongoing alerts about Botnia Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Botnia Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Botnia Exploration had very high historical volatility over the last 90 days | |
| Net Loss for the year was (5.57 M) with loss before overhead, payroll, taxes, and interest of (242 K). | |
| Botnia Exploration Holding has accumulated about 8.68 M in cash with (3.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Roughly 34.0% of the company shares are held by company insiders |
Additional Tools for Botnia Stock Analysis
When running Botnia Exploration's price analysis, check to measure Botnia Exploration'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 Botnia Exploration is operating at the current time. Most of Botnia Exploration's value examination focuses on studying past and present price action to predict the probability of Botnia Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Botnia Exploration's price. Additionally, you may evaluate how the addition of Botnia Exploration to your portfolios can decrease your overall portfolio volatility.