JonDeTech Sensors (Sweden) Probability of Future Stock Price Finishing Over 2.73
| JDT Stock | 3.28 0.70 27.13% |
JonDeTech |
JonDeTech Sensors Target Price Odds to finish over 2.73
The tendency of JonDeTech 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 above 2.73 in 90 days |
| 3.28 | 90 days | 2.73 | about 82.72 |
Based on a normal probability distribution, the odds of JonDeTech Sensors to stay above 2.73 in 90 days from now is about 82.72 (This JonDeTech Sensors probability density function shows the probability of JonDeTech Stock to fall within a particular range of prices over 90 days) . Probability of JonDeTech Sensors price to stay between 2.73 and its current price of 3.28 at the end of the 90-day period is about 20.24 .
Assuming the 90 days trading horizon JonDeTech Sensors has a beta of 0.17. This indicates as returns on the market go up, JonDeTech Sensors average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JonDeTech Sensors will be expected to be much smaller as well. Additionally JonDeTech Sensors 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. JonDeTech Sensors Price Density |
| Price |
Predictive Modules for JonDeTech Sensors
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JonDeTech Sensors. 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.JonDeTech Sensors Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JonDeTech Sensors is not an exception. The market had few large corrections towards the JonDeTech Sensors' 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 JonDeTech Sensors, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JonDeTech Sensors within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.91 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.88 | |
Ir | Information ratio | -0.18 |
JonDeTech Sensors 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 JonDeTech Sensors for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JonDeTech Sensors can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JonDeTech Sensors generated a negative expected return over the last 90 days | |
| JonDeTech Sensors has high historical volatility and very poor performance | |
| JonDeTech Sensors has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.14 K. Net Loss for the year was (30.78 M) with loss before overhead, payroll, taxes, and interest of (12.06 M). | |
| JonDeTech Sensors generates negative cash flow from operations |
JonDeTech Sensors 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 JonDeTech Stock often depends not only on the future outlook of the current and potential JonDeTech Sensors' 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. JonDeTech Sensors' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 10.4 M |
JonDeTech Sensors Technical Analysis
JonDeTech Sensors' future price can be derived by breaking down and analyzing its technical indicators over time. JonDeTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JonDeTech Sensors. In general, you should focus on analyzing JonDeTech Stock price patterns and their correlations with different microeconomic environments and drivers.
JonDeTech Sensors Predictive Forecast Models
JonDeTech Sensors' time-series forecasting models is one of many JonDeTech Sensors' 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 JonDeTech Sensors' 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 JonDeTech Sensors
Checking the ongoing alerts about JonDeTech Sensors for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JonDeTech Sensors help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JonDeTech Sensors generated a negative expected return over the last 90 days | |
| JonDeTech Sensors has high historical volatility and very poor performance | |
| JonDeTech Sensors has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.14 K. Net Loss for the year was (30.78 M) with loss before overhead, payroll, taxes, and interest of (12.06 M). | |
| JonDeTech Sensors generates negative cash flow from operations |
Additional Tools for JonDeTech Stock Analysis
When running JonDeTech Sensors' price analysis, check to measure JonDeTech Sensors' 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 JonDeTech Sensors is operating at the current time. Most of JonDeTech Sensors' value examination focuses on studying past and present price action to predict the probability of JonDeTech Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JonDeTech Sensors' price. Additionally, you may evaluate how the addition of JonDeTech Sensors to your portfolios can decrease your overall portfolio volatility.