Dedicare (Sweden) Odds of Future Stock Price Finishing Under 60.13
| DEDI Stock | SEK 59.50 1.20 1.98% |
Dedicare |
Dedicare Target Price Odds to finish below 60.13
The tendency of Dedicare 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 60.13 after 90 days |
| 59.50 | 90 days | 60.13 | about 11.76 |
Based on a normal probability distribution, the odds of Dedicare to stay under kr 60.13 after 90 days from now is about 11.76 (This Dedicare AB probability density function shows the probability of Dedicare Stock to fall within a particular range of prices over 90 days) . Probability of Dedicare AB price to stay between its current price of kr 59.50 and kr 60.13 at the end of the 90-day period is roughly 2.5 .
Assuming the 90 days trading horizon Dedicare AB has a beta of -0.18 suggesting as returns on the benchmark increase, returns on holding Dedicare are expected to decrease at a much lower rate. During a bear market, however, Dedicare AB is likely to outperform the market. Additionally Dedicare 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. Dedicare Price Density |
| Price |
Predictive Modules for Dedicare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dedicare 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.Dedicare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dedicare is not an exception. The market had few large corrections towards the Dedicare'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 Dedicare AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dedicare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 4.60 | |
Ir | Information ratio | -0.17 |
Dedicare 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 Dedicare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dedicare 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.| Dedicare AB generated a negative expected return over the last 90 days | |
| About 45.0% of the company shares are held by company insiders |
Dedicare 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 Dedicare Stock often depends not only on the future outlook of the current and potential Dedicare'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. Dedicare'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 | 132.4 M |
Dedicare Technical Analysis
Dedicare's future price can be derived by breaking down and analyzing its technical indicators over time. Dedicare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dedicare AB. In general, you should focus on analyzing Dedicare Stock price patterns and their correlations with different microeconomic environments and drivers.
Dedicare Predictive Forecast Models
Dedicare's time-series forecasting models is one of many Dedicare'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 Dedicare'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 Dedicare AB
Checking the ongoing alerts about Dedicare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dedicare AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dedicare AB generated a negative expected return over the last 90 days | |
| About 45.0% of the company shares are held by company insiders |
Additional Tools for Dedicare Stock Analysis
When running Dedicare's price analysis, check to measure Dedicare'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 Dedicare is operating at the current time. Most of Dedicare's value examination focuses on studying past and present price action to predict the probability of Dedicare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dedicare's price. Additionally, you may evaluate how the addition of Dedicare to your portfolios can decrease your overall portfolio volatility.