Kentima Holding (Sweden) Probability of Future Stock Price Finishing Over 2.13
| KENH Stock | SEK 2.10 0.02 0.94% |
Kentima |
Kentima Holding Target Price Odds to finish over 2.13
The tendency of Kentima 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 2.13 or more in 90 days |
| 2.10 | 90 days | 2.13 | about 48.4 |
Based on a normal probability distribution, the odds of Kentima Holding to move over kr 2.13 or more in 90 days from now is about 48.4 (This Kentima Holding publ probability density function shows the probability of Kentima Stock to fall within a particular range of prices over 90 days) . Probability of Kentima Holding publ price to stay between its current price of kr 2.10 and kr 2.13 at the end of the 90-day period is nearly 4.78 .
Assuming the 90 days trading horizon Kentima Holding publ has a beta of -0.31. This indicates as returns on the benchmark increase, returns on holding Kentima Holding are expected to decrease at a much lower rate. During a bear market, however, Kentima Holding publ is likely to outperform the market. Additionally Kentima Holding publ has an alpha of 0.522, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kentima Holding Price Density |
| Price |
Predictive Modules for Kentima Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kentima Holding 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.Kentima Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kentima Holding is not an exception. The market had few large corrections towards the Kentima Holding'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 Kentima Holding publ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kentima Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.07 |
Kentima Holding 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 Kentima Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kentima Holding 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.| Kentima Holding publ appears to be risky and price may revert if volatility continues | |
| Kentima Holding publ has accumulated about 757 K in cash with (1.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders |
Kentima Holding 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 Kentima Stock often depends not only on the future outlook of the current and potential Kentima Holding'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. Kentima Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.2 M | |
| Cash And Short Term Investments | 555 K |
Kentima Holding Technical Analysis
Kentima Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Kentima Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kentima Holding publ. In general, you should focus on analyzing Kentima Stock price patterns and their correlations with different microeconomic environments and drivers.
Kentima Holding Predictive Forecast Models
Kentima Holding's time-series forecasting models is one of many Kentima Holding'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 Kentima Holding'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 Kentima Holding publ
Checking the ongoing alerts about Kentima Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kentima Holding publ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kentima Holding publ appears to be risky and price may revert if volatility continues | |
| Kentima Holding publ has accumulated about 757 K in cash with (1.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 67.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Kentima Stock Analysis
When running Kentima Holding's price analysis, check to measure Kentima Holding'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 Kentima Holding is operating at the current time. Most of Kentima Holding's value examination focuses on studying past and present price action to predict the probability of Kentima Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kentima Holding's price. Additionally, you may evaluate how the addition of Kentima Holding to your portfolios can decrease your overall portfolio volatility.