Fingerprint Cards (Sweden) Probability of Future Stock Price Finishing Under 0.0794
| FING-B Stock | SEK 0.08 0 4.30% |
Fingerprint |
Fingerprint Cards Target Price Odds to finish below 0.0794
The tendency of Fingerprint 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 0.08 or more in 90 days |
| 0.08 | 90 days | 0.08 | about 35.87 |
Based on a normal probability distribution, the odds of Fingerprint Cards to drop to kr 0.08 or more in 90 days from now is about 35.87 (This Fingerprint Cards AB probability density function shows the probability of Fingerprint Stock to fall within a particular range of prices over 90 days) . Probability of Fingerprint Cards price to stay between kr 0.08 and its current price of kr0.0801 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.28 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fingerprint Cards will likely underperform. Additionally Fingerprint Cards AB has an alpha of 0.7453, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fingerprint Cards Price Density |
| Price |
Predictive Modules for Fingerprint Cards
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fingerprint Cards. 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.Fingerprint Cards Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fingerprint Cards is not an exception. The market had few large corrections towards the Fingerprint Cards' 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 Fingerprint Cards AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fingerprint Cards within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | 1.28 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.07 |
Fingerprint Cards 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 Fingerprint Cards for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fingerprint Cards can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fingerprint Cards is way too risky over 90 days horizon | |
| Fingerprint Cards has some characteristics of a very speculative penny stock | |
| Fingerprint Cards appears to be risky and price may revert if volatility continues | |
| About 19.0% of the company shares are held by company insiders |
Fingerprint Cards 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 Fingerprint Stock often depends not only on the future outlook of the current and potential Fingerprint Cards' 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. Fingerprint Cards' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 295.4 M | |
| Cash And Short Term Investments | 374.3 M |
Fingerprint Cards Technical Analysis
Fingerprint Cards' future price can be derived by breaking down and analyzing its technical indicators over time. Fingerprint Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fingerprint Cards AB. In general, you should focus on analyzing Fingerprint Stock price patterns and their correlations with different microeconomic environments and drivers.
Fingerprint Cards Predictive Forecast Models
Fingerprint Cards' time-series forecasting models is one of many Fingerprint Cards' 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 Fingerprint Cards' 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 Fingerprint Cards
Checking the ongoing alerts about Fingerprint Cards for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fingerprint Cards help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fingerprint Cards is way too risky over 90 days horizon | |
| Fingerprint Cards has some characteristics of a very speculative penny stock | |
| Fingerprint Cards appears to be risky and price may revert if volatility continues | |
| About 19.0% of the company shares are held by company insiders |
Other Information on Investing in Fingerprint Stock
Fingerprint Cards financial ratios help investors to determine whether Fingerprint 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 Fingerprint with respect to the benefits of owning Fingerprint Cards security.