DistIT AB (Sweden) Probability of Future Stock Price Finishing Under 2.0
| DIST Stock | SEK 2.34 0.22 10.38% |
DistIT |
DistIT AB Target Price Odds to finish below 2.0
The tendency of DistIT 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 drop to kr 2.00 or more in 90 days |
| 2.34 | 90 days | 2.00 | nearly 4.62 |
Based on a normal probability distribution, the odds of DistIT AB to drop to kr 2.00 or more in 90 days from now is nearly 4.62 (This DistIT AB probability density function shows the probability of DistIT Stock to fall within a particular range of prices over 90 days) . Probability of DistIT AB price to stay between kr 2.00 and its current price of kr2.34 at the end of the 90-day period is nearly 4.91 .
Assuming the 90 days trading horizon DistIT AB has a beta of -0.84 suggesting as returns on the benchmark increase, returns on holding DistIT AB are expected to decrease at a much lower rate. During a bear market, however, DistIT AB is likely to outperform the market. Additionally DistIT AB has an alpha of 0.091, implying that it can generate a 0.091 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DistIT AB Price Density |
| Price |
Predictive Modules for DistIT 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 DistIT 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.DistIT AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DistIT AB is not an exception. The market had few large corrections towards the DistIT 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 DistIT AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DistIT AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.84 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.03 |
DistIT 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 DistIT AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DistIT 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.| DistIT AB generated a negative expected return over the last 90 days | |
| DistIT AB has high historical volatility and very poor performance | |
| DistIT AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| DistIT AB has accumulated about 113.3 M in cash with (97.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 64.0% of the company shares are held by company insiders |
DistIT 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 DistIT Stock often depends not only on the future outlook of the current and potential DistIT 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. DistIT AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13 M | |
| Cash And Short Term Investments | 35.6 M |
DistIT AB Technical Analysis
DistIT AB's future price can be derived by breaking down and analyzing its technical indicators over time. DistIT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DistIT AB. In general, you should focus on analyzing DistIT Stock price patterns and their correlations with different microeconomic environments and drivers.
DistIT AB Predictive Forecast Models
DistIT AB's time-series forecasting models is one of many DistIT 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 DistIT 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 DistIT AB
Checking the ongoing alerts about DistIT AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DistIT AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DistIT AB generated a negative expected return over the last 90 days | |
| DistIT AB has high historical volatility and very poor performance | |
| DistIT AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| DistIT AB has accumulated about 113.3 M in cash with (97.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 64.0% of the company shares are held by company insiders |
Additional Tools for DistIT Stock Analysis
When running DistIT AB's price analysis, check to measure DistIT 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 DistIT AB is operating at the current time. Most of DistIT AB's value examination focuses on studying past and present price action to predict the probability of DistIT 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 DistIT AB's price. Additionally, you may evaluate how the addition of DistIT AB to your portfolios can decrease your overall portfolio volatility.