Conferize (Denmark) Probability of Future Stock Price Finishing Over 0.006654
| CONFRZ Stock | DKK 0.01 0 13.33% |
Conferize |
Conferize Target Price Odds to finish over 0.006654
The tendency of Conferize 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 over kr 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 91.71 |
Based on a normal probability distribution, the odds of Conferize to move over kr 0.01 or more in 90 days from now is about 91.71 (This Conferize AS probability density function shows the probability of Conferize Stock to fall within a particular range of prices over 90 days) . Probability of Conferize AS price to stay between its current price of kr 0.01 and kr 0.01 at the end of the 90-day period is about 1.45 .
Assuming the 90 days trading horizon Conferize AS has a beta of -2.43 suggesting as returns on its benchmark rise, returns on holding Conferize AS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Conferize is expected to outperform its benchmark. Additionally Conferize AS has an alpha of 0.1423, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Conferize Price Density |
| Price |
Predictive Modules for Conferize
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Conferize AS. 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.Conferize Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Conferize is not an exception. The market had few large corrections towards the Conferize'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 Conferize AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Conferize within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -2.43 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
Conferize 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 Conferize for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Conferize AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Conferize AS generated a negative expected return over the last 90 days | |
| Conferize AS has high historical volatility and very poor performance | |
| Conferize AS has some characteristics of a very speculative penny stock | |
| Conferize AS has high likelihood to experience some financial distress in the next 2 years | |
| Conferize AS has accumulated about 3.48 M in cash with (7.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Conferize 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 Conferize Stock often depends not only on the future outlook of the current and potential Conferize'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. Conferize's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.9 M | |
| Cash And Short Term Investments | 11 M |
Conferize Technical Analysis
Conferize's future price can be derived by breaking down and analyzing its technical indicators over time. Conferize Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Conferize AS. In general, you should focus on analyzing Conferize Stock price patterns and their correlations with different microeconomic environments and drivers.
Conferize Predictive Forecast Models
Conferize's time-series forecasting models is one of many Conferize'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 Conferize'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 Conferize AS
Checking the ongoing alerts about Conferize for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Conferize AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Conferize AS generated a negative expected return over the last 90 days | |
| Conferize AS has high historical volatility and very poor performance | |
| Conferize AS has some characteristics of a very speculative penny stock | |
| Conferize AS has high likelihood to experience some financial distress in the next 2 years | |
| Conferize AS has accumulated about 3.48 M in cash with (7.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Conferize Stock
Conferize financial ratios help investors to determine whether Conferize 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 Conferize with respect to the benefits of owning Conferize security.