DevPort AB (Sweden) Probability of Future Stock Price Finishing Under 31.82
| DEVP-B Stock | SEK 27.70 1.00 3.75% |
DevPort |
DevPort AB Target Price Odds to finish below 31.82
The tendency of DevPort 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 31.82 after 90 days |
| 27.70 | 90 days | 31.82 | about 68.53 |
Based on a normal probability distribution, the odds of DevPort AB to stay under kr 31.82 after 90 days from now is about 68.53 (This DevPort AB probability density function shows the probability of DevPort Stock to fall within a particular range of prices over 90 days) . Probability of DevPort AB price to stay between its current price of kr 27.70 and kr 31.82 at the end of the 90-day period is about 62.79 .
Assuming the 90 days trading horizon DevPort AB has a beta of -0.21 suggesting as returns on the benchmark increase, returns on holding DevPort AB are expected to decrease at a much lower rate. During a bear market, however, DevPort AB is likely to outperform the market. Additionally DevPort 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. DevPort AB Price Density |
| Price |
Predictive Modules for DevPort 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 DevPort 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.DevPort AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DevPort AB is not an exception. The market had few large corrections towards the DevPort 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 DevPort AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DevPort AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 2.01 | |
Ir | Information ratio | -0.29 |
DevPort 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 DevPort AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DevPort 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.| DevPort AB generated a negative expected return over the last 90 days | |
| DevPort AB has accumulated about 0 in cash with (6.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 29.0% of the company shares are held by company insiders |
DevPort 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 DevPort Stock often depends not only on the future outlook of the current and potential DevPort 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. DevPort AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M |
DevPort AB Technical Analysis
DevPort AB's future price can be derived by breaking down and analyzing its technical indicators over time. DevPort Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DevPort AB. In general, you should focus on analyzing DevPort Stock price patterns and their correlations with different microeconomic environments and drivers.
DevPort AB Predictive Forecast Models
DevPort AB's time-series forecasting models is one of many DevPort 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 DevPort 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 DevPort AB
Checking the ongoing alerts about DevPort AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DevPort AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DevPort AB generated a negative expected return over the last 90 days | |
| DevPort AB has accumulated about 0 in cash with (6.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 29.0% of the company shares are held by company insiders |
Other Information on Investing in DevPort Stock
DevPort AB financial ratios help investors to determine whether DevPort 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 DevPort with respect to the benefits of owning DevPort AB security.