Enea AB (Sweden) Odds of Future Stock Price Finishing Under 105.0
| ENEA Stock | SEK 107.60 1.20 1.13% |
Enea |
Enea AB Target Price Odds to finish below 105.0
The tendency of Enea 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 105.00 or more in 90 days |
| 107.60 | 90 days | 105.00 | about 91.32 |
Based on a normal probability distribution, the odds of Enea AB to drop to kr 105.00 or more in 90 days from now is about 91.32 (This Enea AB probability density function shows the probability of Enea Stock to fall within a particular range of prices over 90 days) . Probability of Enea AB price to stay between kr 105.00 and its current price of kr107.6 at the end of the 90-day period is nearly 4.08 .
Assuming the 90 days trading horizon Enea AB has a beta of -0.21 suggesting as returns on the benchmark increase, returns on holding Enea AB are expected to decrease at a much lower rate. During a bear market, however, Enea AB is likely to outperform the market. Additionally Enea AB has an alpha of 0.3752, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Enea AB Price Density |
| Price |
Predictive Modules for Enea 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 Enea 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.Enea AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enea AB is not an exception. The market had few large corrections towards the Enea 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 Enea AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enea AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 7.94 | |
Ir | Information ratio | 0.12 |
Enea 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 Enea AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enea 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.| The company has kr491.2 Million in debt which may indicate that it relies heavily on debt financing | |
| About 36.0% of the company shares are held by company insiders |
Enea 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 Enea Stock often depends not only on the future outlook of the current and potential Enea 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. Enea AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.5 M | |
| Cash And Short Term Investments | 211.4 M |
Enea AB Technical Analysis
Enea AB's future price can be derived by breaking down and analyzing its technical indicators over time. Enea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enea AB. In general, you should focus on analyzing Enea Stock price patterns and their correlations with different microeconomic environments and drivers.
Enea AB Predictive Forecast Models
Enea AB's time-series forecasting models is one of many Enea 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 Enea 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 Enea AB
Checking the ongoing alerts about Enea AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enea AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has kr491.2 Million in debt which may indicate that it relies heavily on debt financing | |
| About 36.0% of the company shares are held by company insiders |
Additional Tools for Enea Stock Analysis
When running Enea AB's price analysis, check to measure Enea 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 Enea AB is operating at the current time. Most of Enea AB's value examination focuses on studying past and present price action to predict the probability of Enea 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 Enea AB's price. Additionally, you may evaluate how the addition of Enea AB to your portfolios can decrease your overall portfolio volatility.