Cortus Energy (Sweden) Probability of Future Stock Price Finishing Under 6.45
| CE Stock | SEK 0.17 0.01 5.56% |
Cortus |
Cortus Energy Target Price Odds to finish below 6.45
The tendency of Cortus 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 6.45 after 90 days |
| 0.17 | 90 days | 6.45 | close to 99 |
Based on a normal probability distribution, the odds of Cortus Energy to stay under kr 6.45 after 90 days from now is close to 99 (This Cortus Energy AB probability density function shows the probability of Cortus Stock to fall within a particular range of prices over 90 days) . Probability of Cortus Energy AB price to stay between its current price of kr 0.17 and kr 6.45 at the end of the 90-day period is about 74.63 .
Assuming the 90 days horizon Cortus Energy has a beta of 0.14 suggesting as returns on the market go up, Cortus Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cortus Energy AB will be expected to be much smaller as well. Additionally Cortus Energy 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. Cortus Energy Price Density |
| Price |
Predictive Modules for Cortus Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cortus Energy 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 Cortus Energy'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.
Cortus Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cortus Energy is not an exception. The market had few large corrections towards the Cortus Energy'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 Cortus Energy AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cortus Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.18 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.17 |
Cortus Energy 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 Cortus Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cortus Energy 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.| Cortus Energy AB generated a negative expected return over the last 90 days | |
| Cortus Energy AB has high historical volatility and very poor performance | |
| Cortus Energy AB has some characteristics of a very speculative penny stock | |
| Cortus Energy AB has accumulated 8.7 M in total debt with debt to equity ratio (D/E) of 56.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Cortus Energy AB has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cortus Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Cortus Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cortus Energy AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cortus to invest in growth at high rates of return. When we think about Cortus Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 72 K. Net Loss for the year was (78.62 M) with profit before overhead, payroll, taxes, and interest of 72 K. | |
| Cortus Energy AB has accumulated about 1.51 M in cash with (72.67 M) of positive cash flow from operations. | |
| Roughly 26.0% of Cortus Energy shares are held by company insiders |
Cortus Energy 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 Cortus Stock often depends not only on the future outlook of the current and potential Cortus Energy'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. Cortus Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 48.8 M |
Cortus Energy Technical Analysis
Cortus Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Cortus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cortus Energy AB. In general, you should focus on analyzing Cortus Stock price patterns and their correlations with different microeconomic environments and drivers.
Cortus Energy Predictive Forecast Models
Cortus Energy's time-series forecasting models is one of many Cortus Energy'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 Cortus Energy'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 Cortus Energy AB
Checking the ongoing alerts about Cortus Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cortus Energy AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cortus Energy AB generated a negative expected return over the last 90 days | |
| Cortus Energy AB has high historical volatility and very poor performance | |
| Cortus Energy AB has some characteristics of a very speculative penny stock | |
| Cortus Energy AB has accumulated 8.7 M in total debt with debt to equity ratio (D/E) of 56.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Cortus Energy AB has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cortus Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Cortus Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cortus Energy AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cortus to invest in growth at high rates of return. When we think about Cortus Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 72 K. Net Loss for the year was (78.62 M) with profit before overhead, payroll, taxes, and interest of 72 K. | |
| Cortus Energy AB has accumulated about 1.51 M in cash with (72.67 M) of positive cash flow from operations. | |
| Roughly 26.0% of Cortus Energy shares are held by company insiders |
Additional Tools for Cortus Stock Analysis
When running Cortus Energy's price analysis, check to measure Cortus Energy'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 Cortus Energy is operating at the current time. Most of Cortus Energy's value examination focuses on studying past and present price action to predict the probability of Cortus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cortus Energy's price. Additionally, you may evaluate how the addition of Cortus Energy to your portfolios can decrease your overall portfolio volatility.