Exsitec Holding (Sweden) Probability of Future Stock Price Finishing Under 134.42
| EXS Stock | 144.00 0.50 0.35% |
Exsitec |
Exsitec Holding Target Price Odds to finish below 134.42
The tendency of Exsitec 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 134.42 or more in 90 days |
| 144.00 | 90 days | 134.42 | about 6.56 |
Based on a normal probability distribution, the odds of Exsitec Holding to drop to 134.42 or more in 90 days from now is about 6.56 (This Exsitec Holding AB probability density function shows the probability of Exsitec Stock to fall within a particular range of prices over 90 days) . Probability of Exsitec Holding AB price to stay between 134.42 and its current price of 144.0 at the end of the 90-day period is about 10.48 .
Assuming the 90 days trading horizon Exsitec Holding has a beta of 0.64 suggesting as returns on the market go up, Exsitec Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Exsitec Holding AB will be expected to be much smaller as well. Additionally Exsitec Holding 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. Exsitec Holding Price Density |
| Price |
Predictive Modules for Exsitec Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Exsitec Holding 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.Exsitec Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Exsitec Holding is not an exception. The market had few large corrections towards the Exsitec Holding'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 Exsitec Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Exsitec Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 17.25 | |
Ir | Information ratio | -0.23 |
Exsitec Holding 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 Exsitec Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Exsitec Holding 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.| Exsitec Holding AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 536.04 M. Net Loss for the year was (22.07 M) with profit before overhead, payroll, taxes, and interest of 135.07 M. | |
| About 43.0% of the company shares are held by company insiders |
Exsitec Holding 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 Exsitec Stock often depends not only on the future outlook of the current and potential Exsitec Holding'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. Exsitec Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.3 M | |
| Cash And Short Term Investments | 82.8 M |
Exsitec Holding Technical Analysis
Exsitec Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Exsitec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Exsitec Holding AB. In general, you should focus on analyzing Exsitec Stock price patterns and their correlations with different microeconomic environments and drivers.
Exsitec Holding Predictive Forecast Models
Exsitec Holding's time-series forecasting models is one of many Exsitec Holding'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 Exsitec Holding'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 Exsitec Holding AB
Checking the ongoing alerts about Exsitec Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Exsitec Holding AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Exsitec Holding AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 536.04 M. Net Loss for the year was (22.07 M) with profit before overhead, payroll, taxes, and interest of 135.07 M. | |
| About 43.0% of the company shares are held by company insiders |
Additional Tools for Exsitec Stock Analysis
When running Exsitec Holding's price analysis, check to measure Exsitec Holding'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 Exsitec Holding is operating at the current time. Most of Exsitec Holding's value examination focuses on studying past and present price action to predict the probability of Exsitec Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exsitec Holding's price. Additionally, you may evaluate how the addition of Exsitec Holding to your portfolios can decrease your overall portfolio volatility.