CirChem AB (Sweden) Probability of Future Stock Price Finishing Under 0.14
| CIRCHE Stock | SEK 2.84 0.10 3.40% |
CirChem |
CirChem AB Target Price Odds to finish below 0.14
The tendency of CirChem 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 0.14 or more in 90 days |
| 2.84 | 90 days | 0.14 | near 1 |
Based on a normal probability distribution, the odds of CirChem AB to drop to kr 0.14 or more in 90 days from now is near 1 (This CirChem AB probability density function shows the probability of CirChem Stock to fall within a particular range of prices over 90 days) . Probability of CirChem AB price to stay between kr 0.14 and its current price of kr2.84 at the end of the 90-day period is about 89.7 .
Assuming the 90 days trading horizon CirChem AB has a beta of -0.8 suggesting as returns on the benchmark increase, returns on holding CirChem AB are expected to decrease at a much lower rate. During a bear market, however, CirChem AB is likely to outperform the market. Additionally CirChem AB has an alpha of 0.2455, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CirChem AB Price Density |
| Price |
Predictive Modules for CirChem 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 CirChem 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.CirChem AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CirChem AB is not an exception. The market had few large corrections towards the CirChem 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 CirChem AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CirChem AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | -0.8 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.01 |
CirChem 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 CirChem AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CirChem 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.| CirChem AB had very high historical volatility over the last 90 days | |
| The company reported the revenue of 85.55 K. Net Loss for the year was (18.15 M) with loss before overhead, payroll, taxes, and interest of (4.79 M). | |
| CirChem AB has accumulated about 10.05 M in cash with (2.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Roughly 19.0% of the company shares are held by company insiders |
CirChem 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 CirChem Stock often depends not only on the future outlook of the current and potential CirChem 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. CirChem AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.4 M | |
| Cash And Short Term Investments | 14.6 M |
CirChem AB Technical Analysis
CirChem AB's future price can be derived by breaking down and analyzing its technical indicators over time. CirChem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CirChem AB. In general, you should focus on analyzing CirChem Stock price patterns and their correlations with different microeconomic environments and drivers.
CirChem AB Predictive Forecast Models
CirChem AB's time-series forecasting models is one of many CirChem 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 CirChem 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 CirChem AB
Checking the ongoing alerts about CirChem AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CirChem AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CirChem AB had very high historical volatility over the last 90 days | |
| The company reported the revenue of 85.55 K. Net Loss for the year was (18.15 M) with loss before overhead, payroll, taxes, and interest of (4.79 M). | |
| CirChem AB has accumulated about 10.05 M in cash with (2.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Roughly 19.0% of the company shares are held by company insiders |
Other Information on Investing in CirChem Stock
CirChem AB financial ratios help investors to determine whether CirChem Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CirChem with respect to the benefits of owning CirChem AB security.