Frontline (Norway) Probability of Future Stock Price Finishing Under 224.66
| FRO Stock | NOK 208.50 3.10 1.47% |
Frontline |
Frontline Target Price Odds to finish below 224.66
The tendency of Frontline 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 stay under 224.66 after 90 days |
| 208.50 | 90 days | 224.66 | about 31.14 |
Based on a normal probability distribution, the odds of Frontline to stay under 224.66 after 90 days from now is about 31.14 (This Frontline probability density function shows the probability of Frontline Stock to fall within a particular range of prices over 90 days) . Probability of Frontline price to stay between its current price of 208.50 and 224.66 at the end of the 90-day period is about 24.0 .
Assuming the 90 days trading horizon Frontline has a beta of 0.14. This usually indicates as returns on the market go up, Frontline average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Frontline will be expected to be much smaller as well. Additionally Frontline 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. Frontline Price Density |
| Price |
Predictive Modules for Frontline
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Frontline. 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.Frontline Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Frontline is not an exception. The market had few large corrections towards the Frontline'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 Frontline, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Frontline within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 16.72 | |
Ir | Information ratio | -0.16 |
Frontline 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 Frontline for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Frontline can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Frontline generated a negative expected return over the last 90 days | |
| Frontline has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 749.38 M. Net Loss for the year was (11.15 M) with profit before overhead, payroll, taxes, and interest of 180.68 M. | |
| About 59.0% of the company shares are owned by institutional investors |
Frontline 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 Frontline Stock often depends not only on the future outlook of the current and potential Frontline'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. Frontline's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 195.6 M | |
| Cash And Short Term Investments | 115.5 M |
Frontline Technical Analysis
Frontline's future price can be derived by breaking down and analyzing its technical indicators over time. Frontline Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Frontline. In general, you should focus on analyzing Frontline Stock price patterns and their correlations with different microeconomic environments and drivers.
Frontline Predictive Forecast Models
Frontline's time-series forecasting models is one of many Frontline'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 Frontline'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 Frontline
Checking the ongoing alerts about Frontline for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Frontline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Frontline generated a negative expected return over the last 90 days | |
| Frontline has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 749.38 M. Net Loss for the year was (11.15 M) with profit before overhead, payroll, taxes, and interest of 180.68 M. | |
| About 59.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Frontline Stock
When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:Check out Frontline Backtesting, Frontline Valuation, Frontline Correlation, Frontline Hype Analysis, Frontline Volatility, Frontline History as well as Frontline Performance. For more information on how to buy Frontline Stock please use our How to buy in Frontline Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.