Iceland Seafood (Iceland) Probability of Future Stock Price Finishing Under 3.61
| ICESEA Stock | ISK 4.78 0.04 0.84% |
Iceland |
Iceland Seafood Target Price Odds to finish below 3.61
The tendency of Iceland 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 3.61 or more in 90 days |
| 4.78 | 90 days | 3.61 | near 1 |
Based on a normal probability distribution, the odds of Iceland Seafood to drop to 3.61 or more in 90 days from now is near 1 (This Iceland Seafood International probability density function shows the probability of Iceland Stock to fall within a particular range of prices over 90 days) . Probability of Iceland Seafood Inte price to stay between 3.61 and its current price of 4.78 at the end of the 90-day period is about 18.68 .
Assuming the 90 days trading horizon Iceland Seafood International has a beta of -0.0693. This usually indicates as returns on the benchmark increase, returns on holding Iceland Seafood are expected to decrease at a much lower rate. During a bear market, however, Iceland Seafood International is likely to outperform the market. Additionally Iceland Seafood International 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. Iceland Seafood Price Density |
| Price |
Predictive Modules for Iceland Seafood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iceland Seafood Inte. 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 Iceland Seafood'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.
Iceland Seafood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iceland Seafood is not an exception. The market had few large corrections towards the Iceland Seafood'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 Iceland Seafood International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iceland Seafood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.18 |
Iceland Seafood 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 Iceland Seafood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iceland Seafood Inte can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iceland Seafood Inte generated a negative expected return over the last 90 days | |
| Iceland Seafood International has accumulated about 21.39 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 53.0% of the company shares are held by company insiders |
Iceland Seafood 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 Iceland Stock often depends not only on the future outlook of the current and potential Iceland Seafood'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. Iceland Seafood's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 1.55B | |
| Average Daily Volume Last 10 Day | 4.64M | |
| Average Daily Volume In Three Month | 4.82M |
Iceland Seafood Technical Analysis
Iceland Seafood's future price can be derived by breaking down and analyzing its technical indicators over time. Iceland Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iceland Seafood International. In general, you should focus on analyzing Iceland Stock price patterns and their correlations with different microeconomic environments and drivers.
Iceland Seafood Predictive Forecast Models
Iceland Seafood's time-series forecasting models is one of many Iceland Seafood'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 Iceland Seafood'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 Iceland Seafood Inte
Checking the ongoing alerts about Iceland Seafood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iceland Seafood Inte help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iceland Seafood Inte generated a negative expected return over the last 90 days | |
| Iceland Seafood International has accumulated about 21.39 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 53.0% of the company shares are held by company insiders |
Other Information on Investing in Iceland Stock
Iceland Seafood financial ratios help investors to determine whether Iceland 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 Iceland with respect to the benefits of owning Iceland Seafood security.