Impact Coatings (Sweden) Probability of Future Stock Price Finishing Under 0.74
| IMPC Stock | SEK 4.38 0.06 1.39% |
Impact |
Impact Coatings Target Price Odds to finish below 0.74
The tendency of Impact 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 0.74 or more in 90 days |
| 4.38 | 90 days | 0.74 | near 1 |
Based on a normal probability distribution, the odds of Impact Coatings to drop to kr 0.74 or more in 90 days from now is near 1 (This Impact Coatings publ probability density function shows the probability of Impact Stock to fall within a particular range of prices over 90 days) . Probability of Impact Coatings publ price to stay between kr 0.74 and its current price of kr4.38 at the end of the 90-day period is about 11.79 .
Assuming the 90 days trading horizon Impact Coatings publ has a beta of -0.31. This usually indicates as returns on the benchmark increase, returns on holding Impact Coatings are expected to decrease at a much lower rate. During a bear market, however, Impact Coatings publ is likely to outperform the market. Additionally Impact Coatings publ 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. Impact Coatings Price Density |
| Price |
Predictive Modules for Impact Coatings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Impact Coatings publ. 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.Impact Coatings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Impact Coatings is not an exception. The market had few large corrections towards the Impact Coatings' 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 Impact Coatings publ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Impact Coatings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.62 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | -0.22 |
Impact Coatings 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 Impact Coatings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Impact Coatings publ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Impact Coatings publ generated a negative expected return over the last 90 days | |
| Impact Coatings publ has high historical volatility and very poor performance | |
| The company reported the revenue of 57.2 M. Net Loss for the year was (32.09 M) with profit before overhead, payroll, taxes, and interest of 22.66 M. | |
| Impact Coatings publ has accumulated about 34.06 M in cash with (31.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8. | |
| Roughly 27.0% of the company shares are held by company insiders |
Impact Coatings 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 Impact Stock often depends not only on the future outlook of the current and potential Impact Coatings' 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. Impact Coatings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.6 M | |
| Cash And Short Term Investments | 129.5 M |
Impact Coatings Technical Analysis
Impact Coatings' future price can be derived by breaking down and analyzing its technical indicators over time. Impact Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Impact Coatings publ. In general, you should focus on analyzing Impact Stock price patterns and their correlations with different microeconomic environments and drivers.
Impact Coatings Predictive Forecast Models
Impact Coatings' time-series forecasting models is one of many Impact Coatings' 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 Impact Coatings' 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 Impact Coatings publ
Checking the ongoing alerts about Impact Coatings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Impact Coatings publ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Impact Coatings publ generated a negative expected return over the last 90 days | |
| Impact Coatings publ has high historical volatility and very poor performance | |
| The company reported the revenue of 57.2 M. Net Loss for the year was (32.09 M) with profit before overhead, payroll, taxes, and interest of 22.66 M. | |
| Impact Coatings publ has accumulated about 34.06 M in cash with (31.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8. | |
| Roughly 27.0% of the company shares are held by company insiders |
Additional Tools for Impact Stock Analysis
When running Impact Coatings' price analysis, check to measure Impact Coatings' 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 Impact Coatings is operating at the current time. Most of Impact Coatings' value examination focuses on studying past and present price action to predict the probability of Impact Coatings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Impact Coatings' price. Additionally, you may evaluate how the addition of Impact Coatings to your portfolios can decrease your overall portfolio volatility.