Diagonal Bio (Sweden) Probability of Future Stock Price Finishing Over 0.0429
| DIABIO Stock | 0.03 0 3.05% |
Diagonal |
Diagonal Bio Target Price Odds to finish over 0.0429
The tendency of Diagonal 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 0.04 or more in 90 days |
| 0.03 | 90 days | 0.04 | about 8.0 |
Based on a normal probability distribution, the odds of Diagonal Bio to move over 0.04 or more in 90 days from now is about 8.0 (This Diagonal Bio AB probability density function shows the probability of Diagonal Stock to fall within a particular range of prices over 90 days) . Probability of Diagonal Bio AB price to stay between its current price of 0.03 and 0.04 at the end of the 90-day period is about 19.91 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.3 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Diagonal Bio will likely underperform. Moreover Diagonal Bio AB has an alpha of 1.4932, implying that it can generate a 1.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Diagonal Bio Price Density |
| Price |
Predictive Modules for Diagonal Bio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Diagonal Bio 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.Diagonal Bio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Diagonal Bio is not an exception. The market had few large corrections towards the Diagonal Bio'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 Diagonal Bio AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Diagonal Bio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.49 | |
β | Beta against Dow Jones | 2.30 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Diagonal Bio 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 Diagonal Bio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Diagonal Bio 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.| Diagonal Bio AB is way too risky over 90 days horizon | |
| Diagonal Bio AB has some characteristics of a very speculative penny stock | |
| Diagonal Bio AB appears to be risky and price may revert if volatility continues | |
| Diagonal Bio AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 407 K. Net Loss for the year was (11.66 M) with loss before overhead, payroll, taxes, and interest of (85 K). | |
| Diagonal Bio generates negative cash flow from operations | |
| About 15.0% of the company shares are held by company insiders |
Diagonal Bio 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 Diagonal Stock often depends not only on the future outlook of the current and potential Diagonal Bio'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. Diagonal Bio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.1 M | |
| Cash And Short Term Investments | 20.8 M |
Diagonal Bio Technical Analysis
Diagonal Bio's future price can be derived by breaking down and analyzing its technical indicators over time. Diagonal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Diagonal Bio AB. In general, you should focus on analyzing Diagonal Stock price patterns and their correlations with different microeconomic environments and drivers.
Diagonal Bio Predictive Forecast Models
Diagonal Bio's time-series forecasting models is one of many Diagonal Bio'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 Diagonal Bio'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 Diagonal Bio AB
Checking the ongoing alerts about Diagonal Bio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Diagonal Bio AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Diagonal Bio AB is way too risky over 90 days horizon | |
| Diagonal Bio AB has some characteristics of a very speculative penny stock | |
| Diagonal Bio AB appears to be risky and price may revert if volatility continues | |
| Diagonal Bio AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 407 K. Net Loss for the year was (11.66 M) with loss before overhead, payroll, taxes, and interest of (85 K). | |
| Diagonal Bio generates negative cash flow from operations | |
| About 15.0% of the company shares are held by company insiders |
Other Information on Investing in Diagonal Stock
Diagonal Bio financial ratios help investors to determine whether Diagonal 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 Diagonal with respect to the benefits of owning Diagonal Bio security.