CTT Systems (Sweden) Probability of Future Stock Price Finishing Under 278.0
| CTT Stock | SEK 266.00 14.00 5.56% |
CTT |
CTT Systems Target Price Odds to finish below 278.0
The tendency of CTT 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 278.00 after 90 days |
| 266.00 | 90 days | 278.00 | about 89.69 |
Based on a normal probability distribution, the odds of CTT Systems to stay under kr 278.00 after 90 days from now is about 89.69 (This CTT Systems AB probability density function shows the probability of CTT Stock to fall within a particular range of prices over 90 days) . Probability of CTT Systems AB price to stay between its current price of kr 266.00 and kr 278.00 at the end of the 90-day period is about 29.39 .
Assuming the 90 days trading horizon CTT Systems has a beta of 0.042 suggesting as returns on the market go up, CTT Systems average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CTT Systems AB will be expected to be much smaller as well. Additionally CTT Systems 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. CTT Systems Price Density |
| Price |
Predictive Modules for CTT Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CTT Systems 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.CTT Systems Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CTT Systems is not an exception. The market had few large corrections towards the CTT Systems' 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 CTT Systems AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CTT Systems within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 11.92 | |
Ir | Information ratio | -0.09 |
CTT Systems 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 CTT Systems for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CTT Systems 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.| CTT Systems AB generated a negative expected return over the last 90 days | |
| About 39.0% of the company shares are held by company insiders |
CTT Systems 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 CTT Stock often depends not only on the future outlook of the current and potential CTT Systems' 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. CTT Systems' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.5 M | |
| Cash And Short Term Investments | 49.3 M |
CTT Systems Technical Analysis
CTT Systems' future price can be derived by breaking down and analyzing its technical indicators over time. CTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CTT Systems AB. In general, you should focus on analyzing CTT Stock price patterns and their correlations with different microeconomic environments and drivers.
CTT Systems Predictive Forecast Models
CTT Systems' time-series forecasting models is one of many CTT Systems' 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 CTT Systems' 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 CTT Systems AB
Checking the ongoing alerts about CTT Systems for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CTT Systems AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CTT Systems AB generated a negative expected return over the last 90 days | |
| About 39.0% of the company shares are held by company insiders |
Additional Tools for CTT Stock Analysis
When running CTT Systems' price analysis, check to measure CTT Systems' 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 CTT Systems is operating at the current time. Most of CTT Systems' value examination focuses on studying past and present price action to predict the probability of CTT Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTT Systems' price. Additionally, you may evaluate how the addition of CTT Systems to your portfolios can decrease your overall portfolio volatility.