BTS Group (Sweden) Probability of Future Stock Price Finishing Over 264.00
| BTS-B Stock | SEK 264.00 1.00 0.38% |
BTS |
BTS Group Target Price Odds to finish over 264.00
The tendency of BTS 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 |
| 264.00 | 90 days | 264.00 | under 95 |
Based on a normal probability distribution, the odds of BTS Group to move above the current price in 90 days from now is under 95 (This BTS Group AB probability density function shows the probability of BTS Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BTS Group has a beta of 0.0522 suggesting as returns on the market go up, BTS Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BTS Group AB will be expected to be much smaller as well. Additionally BTS Group 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. BTS Group Price Density |
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Predictive Modules for BTS Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BTS Group 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.BTS Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BTS Group is not an exception. The market had few large corrections towards the BTS Group'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 BTS Group AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BTS Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 9.47 | |
Ir | Information ratio | -0.1 |
BTS Group 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 BTS Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BTS Group 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.| BTS Group AB generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are held by institutions such as insurance companies |
BTS Group 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 BTS Stock often depends not only on the future outlook of the current and potential BTS Group'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. BTS Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.4 M | |
| Cash And Short Term Investments | 594.4 M |
BTS Group Technical Analysis
BTS Group's future price can be derived by breaking down and analyzing its technical indicators over time. BTS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BTS Group AB. In general, you should focus on analyzing BTS Stock price patterns and their correlations with different microeconomic environments and drivers.
BTS Group Predictive Forecast Models
BTS Group's time-series forecasting models is one of many BTS Group'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 BTS Group'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 BTS Group AB
Checking the ongoing alerts about BTS Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BTS Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BTS Group AB generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are held by institutions such as insurance companies |
Additional Tools for BTS Stock Analysis
When running BTS Group's price analysis, check to measure BTS Group'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 BTS Group is operating at the current time. Most of BTS Group's value examination focuses on studying past and present price action to predict the probability of BTS Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTS Group's price. Additionally, you may evaluate how the addition of BTS Group to your portfolios can decrease your overall portfolio volatility.