Karolinska Development (Sweden) Probability of Future Stock Price Finishing Over 1.46
| KDEV Stock | SEK 1.04 0.04 3.70% |
Karolinska |
Karolinska Development Target Price Odds to finish over 1.46
The tendency of Karolinska 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 over kr 1.46 or more in 90 days |
| 1.04 | 90 days | 1.46 | near 1 |
Based on a normal probability distribution, the odds of Karolinska Development to move over kr 1.46 or more in 90 days from now is near 1 (This Karolinska Development AB probability density function shows the probability of Karolinska Stock to fall within a particular range of prices over 90 days) . Probability of Karolinska Development price to stay between its current price of kr 1.04 and kr 1.46 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Karolinska Development has a beta of 0.24. This indicates as returns on the market go up, Karolinska Development average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Karolinska Development AB will be expected to be much smaller as well. Additionally Karolinska Development AB 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. Karolinska Development Price Density |
| Price |
Predictive Modules for Karolinska Development
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Karolinska Development. 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.Karolinska Development Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Karolinska Development is not an exception. The market had few large corrections towards the Karolinska Development'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 Karolinska Development AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Karolinska Development within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.16 |
Karolinska Development 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 Karolinska Development for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Karolinska Development can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Karolinska Development generated a negative expected return over the last 90 days | |
| Karolinska Development has some characteristics of a very speculative penny stock | |
| Karolinska Development has high historical volatility and very poor performance | |
| Karolinska Development has high likelihood to experience some financial distress in the next 2 years | |
| Karolinska Development has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Karolinska Development until it has trouble settling it off, either with new capital or with free cash flow. So, Karolinska Development's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Karolinska Development sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Karolinska to invest in growth at high rates of return. When we think about Karolinska Development's use of debt, we should always consider it together with cash and equity. | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
Karolinska Development 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 Karolinska Stock often depends not only on the future outlook of the current and potential Karolinska Development'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. Karolinska Development's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 198.1 M | |
| Cash And Short Term Investments | 92.4 M |
Karolinska Development Technical Analysis
Karolinska Development's future price can be derived by breaking down and analyzing its technical indicators over time. Karolinska Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Karolinska Development AB. In general, you should focus on analyzing Karolinska Stock price patterns and their correlations with different microeconomic environments and drivers.
Karolinska Development Predictive Forecast Models
Karolinska Development's time-series forecasting models is one of many Karolinska Development'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 Karolinska Development'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 Karolinska Development
Checking the ongoing alerts about Karolinska Development for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Karolinska Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Karolinska Development generated a negative expected return over the last 90 days | |
| Karolinska Development has some characteristics of a very speculative penny stock | |
| Karolinska Development has high historical volatility and very poor performance | |
| Karolinska Development has high likelihood to experience some financial distress in the next 2 years | |
| Karolinska Development has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Karolinska Development until it has trouble settling it off, either with new capital or with free cash flow. So, Karolinska Development's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Karolinska Development sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Karolinska to invest in growth at high rates of return. When we think about Karolinska Development's use of debt, we should always consider it together with cash and equity. | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Karolinska Stock Analysis
When running Karolinska Development's price analysis, check to measure Karolinska Development'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 Karolinska Development is operating at the current time. Most of Karolinska Development's value examination focuses on studying past and present price action to predict the probability of Karolinska Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karolinska Development's price. Additionally, you may evaluate how the addition of Karolinska Development to your portfolios can decrease your overall portfolio volatility.