Demant AS (Denmark) Probability of Future Stock Price Finishing Over 258.0
| DEMANT Stock | DKK 269.80 1.80 0.66% |
Demant |
Demant AS Target Price Odds to finish over 258.0
The tendency of Demant 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 above kr 258.00 in 90 days |
| 269.80 | 90 days | 258.00 | about 86.92 |
Based on a normal probability distribution, the odds of Demant AS to stay above kr 258.00 in 90 days from now is about 86.92 (This Demant AS probability density function shows the probability of Demant Stock to fall within a particular range of prices over 90 days) . Probability of Demant AS price to stay between kr 258.00 and its current price of kr269.8 at the end of the 90-day period is about 41.46 .
Assuming the 90 days trading horizon Demant AS has a beta of 0.29 suggesting as returns on the market go up, Demant AS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Demant AS will be expected to be much smaller as well. Additionally Demant AS 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. Demant AS Price Density |
| Price |
Predictive Modules for Demant AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Demant 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.Demant AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Demant AS is not an exception. The market had few large corrections towards the Demant AS'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 Demant AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Demant AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 9.54 | |
Ir | Information ratio | -0.1 |
Demant AS 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 Demant AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Demant 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.| Demant AS generated a negative expected return over the last 90 days | |
| Demant AS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Demant AS has accumulated 6.1 B in total debt with debt to equity ratio (D/E) of 100.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Demant AS has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Demant AS until it has trouble settling it off, either with new capital or with free cash flow. So, Demant AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Demant AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Demant to invest in growth at high rates of return. When we think about Demant AS's use of debt, we should always consider it together with cash and equity. | |
| About 61.0% of Demant AS shares are held by company insiders |
Demant AS 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 Demant Stock often depends not only on the future outlook of the current and potential Demant AS'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. Demant AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 223.2 M |
Demant AS Technical Analysis
Demant AS's future price can be derived by breaking down and analyzing its technical indicators over time. Demant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Demant AS. In general, you should focus on analyzing Demant Stock price patterns and their correlations with different microeconomic environments and drivers.
Demant AS Predictive Forecast Models
Demant AS's time-series forecasting models is one of many Demant AS'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 Demant AS'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 Demant AS
Checking the ongoing alerts about Demant AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Demant AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Demant AS generated a negative expected return over the last 90 days | |
| Demant AS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Demant AS has accumulated 6.1 B in total debt with debt to equity ratio (D/E) of 100.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Demant AS has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Demant AS until it has trouble settling it off, either with new capital or with free cash flow. So, Demant AS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Demant AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Demant to invest in growth at high rates of return. When we think about Demant AS's use of debt, we should always consider it together with cash and equity. | |
| About 61.0% of Demant AS shares are held by company insiders |
Other Information on Investing in Demant Stock
Demant AS financial ratios help investors to determine whether Demant 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 Demant with respect to the benefits of owning Demant AS security.