Boule Diagnostics (Sweden) Probability of Future Stock Price Finishing Under 3.65
| BOUL Stock | SEK 7.38 0.62 9.17% |
Boule |
Boule Diagnostics Target Price Odds to finish below 3.65
The tendency of Boule 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 drop to kr 3.65 or more in 90 days |
| 7.38 | 90 days | 3.65 | near 1 |
Based on a normal probability distribution, the odds of Boule Diagnostics to drop to kr 3.65 or more in 90 days from now is near 1 (This Boule Diagnostics AB probability density function shows the probability of Boule Stock to fall within a particular range of prices over 90 days) . Probability of Boule Diagnostics price to stay between kr 3.65 and its current price of kr7.38 at the end of the 90-day period is about 24.73 .
Assuming the 90 days trading horizon Boule Diagnostics AB has a beta of -0.8 suggesting as returns on the benchmark increase, returns on holding Boule Diagnostics are expected to decrease at a much lower rate. During a bear market, however, Boule Diagnostics AB is likely to outperform the market. Additionally Boule Diagnostics 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. Boule Diagnostics Price Density |
| Price |
Predictive Modules for Boule Diagnostics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boule Diagnostics. 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.Boule Diagnostics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boule Diagnostics is not an exception. The market had few large corrections towards the Boule Diagnostics' 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 Boule Diagnostics AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boule Diagnostics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0074 | |
β | Beta against Dow Jones | -0.8 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.07 |
Boule Diagnostics 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 Boule Diagnostics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boule Diagnostics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Boule Diagnostics generated a negative expected return over the last 90 days | |
| Boule Diagnostics has high historical volatility and very poor performance | |
| About 13.0% of the company shares are held by company insiders |
Boule Diagnostics 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 Boule Stock often depends not only on the future outlook of the current and potential Boule Diagnostics' 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. Boule Diagnostics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 38.2 M |
Boule Diagnostics Technical Analysis
Boule Diagnostics' future price can be derived by breaking down and analyzing its technical indicators over time. Boule Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boule Diagnostics AB. In general, you should focus on analyzing Boule Stock price patterns and their correlations with different microeconomic environments and drivers.
Boule Diagnostics Predictive Forecast Models
Boule Diagnostics' time-series forecasting models is one of many Boule Diagnostics' 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 Boule Diagnostics' 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 Boule Diagnostics
Checking the ongoing alerts about Boule Diagnostics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boule Diagnostics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boule Diagnostics generated a negative expected return over the last 90 days | |
| Boule Diagnostics has high historical volatility and very poor performance | |
| About 13.0% of the company shares are held by company insiders |
Additional Tools for Boule Stock Analysis
When running Boule Diagnostics' price analysis, check to measure Boule Diagnostics' 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 Boule Diagnostics is operating at the current time. Most of Boule Diagnostics' value examination focuses on studying past and present price action to predict the probability of Boule Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boule Diagnostics' price. Additionally, you may evaluate how the addition of Boule Diagnostics to your portfolios can decrease your overall portfolio volatility.