Concentric (Sweden) Probability of Future Stock Price Finishing Under 200.1
| COIC Stock | SEK 230.00 1.00 0.44% |
Concentric |
Concentric Target Price Odds to finish below 200.1
The tendency of Concentric 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 200.10 or more in 90 days |
| 230.00 | 90 days | 200.10 | about 42.76 |
Based on a normal probability distribution, the odds of Concentric to drop to kr 200.10 or more in 90 days from now is about 42.76 (This Concentric AB probability density function shows the probability of Concentric Stock to fall within a particular range of prices over 90 days) . Probability of Concentric AB price to stay between kr 200.10 and its current price of kr230.0 at the end of the 90-day period is about 33.43 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.24 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Concentric will likely underperform. Additionally Concentric AB has an alpha of 0.6798, implying that it can generate a 0.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Concentric Price Density |
| Price |
Predictive Modules for Concentric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Concentric 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.Concentric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Concentric is not an exception. The market had few large corrections towards the Concentric'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 Concentric AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Concentric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.68 | |
β | Beta against Dow Jones | 1.24 | |
σ | Overall volatility | 33.38 | |
Ir | Information ratio | 0.1 |
Concentric 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 Concentric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Concentric 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.| Concentric AB is not yet fully synchronised with the market data | |
| Concentric AB is way too risky over 90 days horizon | |
| Concentric AB appears to be risky and price may revert if volatility continues | |
| Over 79.0% of the company shares are held by institutions such as insurance companies |
Concentric 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 Concentric Stock often depends not only on the future outlook of the current and potential Concentric'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. Concentric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38 M | |
| Cash And Short Term Investments | 440 M |
Concentric Technical Analysis
Concentric's future price can be derived by breaking down and analyzing its technical indicators over time. Concentric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Concentric AB. In general, you should focus on analyzing Concentric Stock price patterns and their correlations with different microeconomic environments and drivers.
Concentric Predictive Forecast Models
Concentric's time-series forecasting models is one of many Concentric'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 Concentric'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 Concentric AB
Checking the ongoing alerts about Concentric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Concentric AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Concentric AB is not yet fully synchronised with the market data | |
| Concentric AB is way too risky over 90 days horizon | |
| Concentric AB appears to be risky and price may revert if volatility continues | |
| Over 79.0% of the company shares are held by institutions such as insurance companies |
Additional Tools for Concentric Stock Analysis
When running Concentric's price analysis, check to measure Concentric'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 Concentric is operating at the current time. Most of Concentric's value examination focuses on studying past and present price action to predict the probability of Concentric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concentric's price. Additionally, you may evaluate how the addition of Concentric to your portfolios can decrease your overall portfolio volatility.