Greater Than (Sweden) Probability of Future Stock Price Finishing Under 33.42
| GREAT Stock | SEK 29.30 0.50 1.74% |
Greater |
Greater Than Target Price Odds to finish below 33.42
The tendency of Greater 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 kr 33.42 after 90 days |
| 29.30 | 90 days | 33.42 | about 21.0 |
Based on a normal probability distribution, the odds of Greater Than to stay under kr 33.42 after 90 days from now is about 21.0 (This Greater Than AB probability density function shows the probability of Greater Stock to fall within a particular range of prices over 90 days) . Probability of Greater Than AB price to stay between its current price of kr 29.30 and kr 33.42 at the end of the 90-day period is about 12.64 .
Assuming the 90 days trading horizon Greater Than has a beta of 0.77. This usually indicates as returns on the market go up, Greater Than average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greater Than AB will be expected to be much smaller as well. Additionally Greater Than 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. Greater Than Price Density |
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Predictive Modules for Greater Than
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greater Than 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Greater Than's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Greater Than Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greater Than is not an exception. The market had few large corrections towards the Greater Than'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 Greater Than AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greater Than within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.65 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 7.19 | |
Ir | Information ratio | -0.1 |
Greater Than 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 Greater Than for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greater Than 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.| Greater Than AB generated a negative expected return over the last 90 days | |
| Greater Than AB has high historical volatility and very poor performance | |
| The company reported the revenue of 16.7 M. Net Loss for the year was (29.66 M) with loss before overhead, payroll, taxes, and interest of (9.36 M). | |
| Greater Than AB has accumulated about 138.62 M in cash with (26.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.98. | |
| Roughly 54.0% of the company shares are held by company insiders |
Greater Than 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 Greater Stock often depends not only on the future outlook of the current and potential Greater Than'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. Greater Than's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.6 M | |
| Cash And Short Term Investments | 114.7 M |
Greater Than Technical Analysis
Greater Than's future price can be derived by breaking down and analyzing its technical indicators over time. Greater Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greater Than AB. In general, you should focus on analyzing Greater Stock price patterns and their correlations with different microeconomic environments and drivers.
Greater Than Predictive Forecast Models
Greater Than's time-series forecasting models is one of many Greater Than'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 Greater Than'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 Greater Than AB
Checking the ongoing alerts about Greater Than for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greater Than AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greater Than AB generated a negative expected return over the last 90 days | |
| Greater Than AB has high historical volatility and very poor performance | |
| The company reported the revenue of 16.7 M. Net Loss for the year was (29.66 M) with loss before overhead, payroll, taxes, and interest of (9.36 M). | |
| Greater Than AB has accumulated about 138.62 M in cash with (26.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.98. | |
| Roughly 54.0% of the company shares are held by company insiders |
Additional Tools for Greater Stock Analysis
When running Greater Than's price analysis, check to measure Greater Than'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 Greater Than is operating at the current time. Most of Greater Than's value examination focuses on studying past and present price action to predict the probability of Greater Than's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greater Than's price. Additionally, you may evaluate how the addition of Greater Than to your portfolios can decrease your overall portfolio volatility.