Cyxone AB (Sweden) Probability of Future Stock Price Finishing Over 0.032
| CYXO Stock | SEK 0.03 0 5.08% |
Cyxone |
Cyxone AB Target Price Odds to finish over 0.032
The tendency of Cyxone 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 0.03 or more in 90 days |
| 0.03 | 90 days | 0.03 | about 71.91 |
Based on a normal probability distribution, the odds of Cyxone AB to move over kr 0.03 or more in 90 days from now is about 71.91 (This Cyxone AB probability density function shows the probability of Cyxone Stock to fall within a particular range of prices over 90 days) . Probability of Cyxone AB price to stay between its current price of kr 0.03 and kr 0.03 at the end of the 90-day period is about 14.18 .
Assuming the 90 days trading horizon Cyxone AB has a beta of -2.37 suggesting as returns on its benchmark rise, returns on holding Cyxone AB are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cyxone AB is expected to outperform its benchmark. Additionally Cyxone AB has an alpha of 0.4282, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cyxone AB Price Density |
| Price |
Predictive Modules for Cyxone 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 Cyxone 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.Cyxone AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cyxone AB is not an exception. The market had few large corrections towards the Cyxone 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 Cyxone AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cyxone AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | -2.37 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0 |
Cyxone 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 Cyxone AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cyxone 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.| Cyxone AB had very high historical volatility over the last 90 days | |
| Cyxone AB has some characteristics of a very speculative penny stock | |
| Cyxone AB has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (45.03 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cyxone AB has accumulated about 56.34 M in cash with (43.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 25.0% of the company shares are held by company insiders |
Cyxone 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 Cyxone Stock often depends not only on the future outlook of the current and potential Cyxone 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. Cyxone AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 29.4 M |
Cyxone AB Technical Analysis
Cyxone AB's future price can be derived by breaking down and analyzing its technical indicators over time. Cyxone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cyxone AB. In general, you should focus on analyzing Cyxone Stock price patterns and their correlations with different microeconomic environments and drivers.
Cyxone AB Predictive Forecast Models
Cyxone AB's time-series forecasting models is one of many Cyxone 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 Cyxone 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 Cyxone AB
Checking the ongoing alerts about Cyxone AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cyxone AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cyxone AB had very high historical volatility over the last 90 days | |
| Cyxone AB has some characteristics of a very speculative penny stock | |
| Cyxone AB has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (45.03 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Cyxone AB has accumulated about 56.34 M in cash with (43.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 25.0% of the company shares are held by company insiders |
Additional Tools for Cyxone Stock Analysis
When running Cyxone AB's price analysis, check to measure Cyxone AB'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 Cyxone AB is operating at the current time. Most of Cyxone AB's value examination focuses on studying past and present price action to predict the probability of Cyxone AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cyxone AB's price. Additionally, you may evaluate how the addition of Cyxone AB to your portfolios can decrease your overall portfolio volatility.