Mendus AB (Sweden) Probability of Future Stock Price Finishing Over 8.15
| IMMU Stock | SEK 8.15 0.03 0.37% |
Mendus |
Mendus AB Target Price Odds to finish over 8.15
The tendency of Mendus 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 move above the current price in 90 days |
| 8.15 | 90 days | 8.15 | about 75.25 |
Based on a normal probability distribution, the odds of Mendus AB to move above the current price in 90 days from now is about 75.25 (This Mendus AB probability density function shows the probability of Mendus Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Mendus AB has a beta of -0.0232. This usually indicates as returns on the benchmark increase, returns on holding Mendus AB are expected to decrease at a much lower rate. During a bear market, however, Mendus AB is likely to outperform the market. Additionally Mendus AB has an alpha of 0.0734, implying that it can generate a 0.0734 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mendus AB Price Density |
| Price |
Predictive Modules for Mendus AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mendus 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.Mendus AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mendus AB is not an exception. The market had few large corrections towards the Mendus AB'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 Mendus AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mendus AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.01 |
Mendus AB 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 Mendus AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mendus 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.| Mendus AB had very high historical volatility over the last 90 days | |
| Net Loss for the year was (130.1 M) with profit before overhead, payroll, taxes, and interest of 6 K. | |
| Mendus AB has accumulated about 155.31 M in cash with (138.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.94. | |
| Roughly 58.0% of the company shares are held by company insiders |
Mendus AB 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 Mendus Stock often depends not only on the future outlook of the current and potential Mendus AB'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. Mendus AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 184 M | |
| Cash And Short Term Investments | 155.3 M |
Mendus AB Technical Analysis
Mendus AB's future price can be derived by breaking down and analyzing its technical indicators over time. Mendus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mendus AB. In general, you should focus on analyzing Mendus Stock price patterns and their correlations with different microeconomic environments and drivers.
Mendus AB Predictive Forecast Models
Mendus AB's time-series forecasting models is one of many Mendus AB'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 Mendus AB'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 Mendus AB
Checking the ongoing alerts about Mendus AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mendus AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mendus AB had very high historical volatility over the last 90 days | |
| Net Loss for the year was (130.1 M) with profit before overhead, payroll, taxes, and interest of 6 K. | |
| Mendus AB has accumulated about 155.31 M in cash with (138.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.94. | |
| Roughly 58.0% of the company shares are held by company insiders |
Additional Tools for Mendus Stock Analysis
When running Mendus AB's price analysis, check to measure Mendus AB'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 Mendus AB is operating at the current time. Most of Mendus AB's value examination focuses on studying past and present price action to predict the probability of Mendus AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mendus AB's price. Additionally, you may evaluate how the addition of Mendus AB to your portfolios can decrease your overall portfolio volatility.