Jaeren Sparebank (Norway) Probability of Future Stock Price Finishing Under 315.0
| JAREN Stock | NOK 315.00 1.00 0.32% |
Jaeren |
Jaeren Sparebank Target Price Odds to finish below 315.0
The tendency of Jaeren 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 below current price in 90 days |
| 315.00 | 90 days | 315.00 | about 71.95 |
Based on a normal probability distribution, the odds of Jaeren Sparebank to move below current price in 90 days from now is about 71.95 (This Jaeren Sparebank probability density function shows the probability of Jaeren Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Jaeren Sparebank has a beta of -0.3. This indicates as returns on the benchmark increase, returns on holding Jaeren Sparebank are expected to decrease at a much lower rate. During a bear market, however, Jaeren Sparebank is likely to outperform the market. Additionally Jaeren Sparebank has an alpha of 0.1074, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jaeren Sparebank Price Density |
| Price |
Predictive Modules for Jaeren Sparebank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jaeren Sparebank. 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.Jaeren Sparebank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jaeren Sparebank is not an exception. The market had few large corrections towards the Jaeren Sparebank'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 Jaeren Sparebank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jaeren Sparebank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 5.50 | |
Ir | Information ratio | -0.04 |
Jaeren Sparebank 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 Jaeren Sparebank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jaeren Sparebank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 82.0% of the company shares are held by company insiders |
Jaeren Sparebank 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 Jaeren Stock often depends not only on the future outlook of the current and potential Jaeren Sparebank'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. Jaeren Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.9 M |
Jaeren Sparebank Technical Analysis
Jaeren Sparebank's future price can be derived by breaking down and analyzing its technical indicators over time. Jaeren Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jaeren Sparebank. In general, you should focus on analyzing Jaeren Stock price patterns and their correlations with different microeconomic environments and drivers.
Jaeren Sparebank Predictive Forecast Models
Jaeren Sparebank's time-series forecasting models is one of many Jaeren Sparebank'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 Jaeren Sparebank'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 Jaeren Sparebank
Checking the ongoing alerts about Jaeren Sparebank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jaeren Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 82.0% of the company shares are held by company insiders |
Other Information on Investing in Jaeren Stock
Jaeren Sparebank financial ratios help investors to determine whether Jaeren 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 Jaeren with respect to the benefits of owning Jaeren Sparebank security.