Magnasense (Sweden) Probability of Future Stock Price Finishing Under 0
| MAGNA Stock | 0.1 0.01 6.56% |
Magnasense |
Magnasense Target Price Odds to finish below 0
The tendency of Magnasense 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 0.00 or more in 90 days |
| 0.1 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Magnasense to drop to 0.00 or more in 90 days from now is near 1 (This Magnasense AB probability density function shows the probability of Magnasense Stock to fall within a particular range of prices over 90 days) . Probability of Magnasense AB price to stay between 0.00 and its current price of 0.0959 at the end of the 90-day period is about 6.52 .
Assuming the 90 days trading horizon Magnasense AB has a beta of -0.49. This indicates as returns on the benchmark increase, returns on holding Magnasense are expected to decrease at a much lower rate. During a bear market, however, Magnasense AB is likely to outperform the market. Additionally Magnasense 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. Magnasense Price Density |
| Price |
Predictive Modules for Magnasense
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magnasense AB. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magnasense. Your research has to be compared to or analyzed against Magnasense's peers to derive any actionable benefits. When done correctly, Magnasense's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Magnasense AB.Magnasense Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Magnasense is not an exception. The market had few large corrections towards the Magnasense'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 Magnasense AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Magnasense within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.53 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.41 |
Magnasense 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 Magnasense for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Magnasense AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Magnasense AB generated a negative expected return over the last 90 days | |
| Magnasense AB has some characteristics of a very speculative penny stock | |
| Magnasense AB has high historical volatility and very poor performance |
Magnasense Technical Analysis
Magnasense's future price can be derived by breaking down and analyzing its technical indicators over time. Magnasense Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magnasense AB. In general, you should focus on analyzing Magnasense Stock price patterns and their correlations with different microeconomic environments and drivers.
Magnasense Predictive Forecast Models
Magnasense's time-series forecasting models is one of many Magnasense'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 Magnasense'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 Magnasense AB
Checking the ongoing alerts about Magnasense for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Magnasense AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Magnasense AB generated a negative expected return over the last 90 days | |
| Magnasense AB has some characteristics of a very speculative penny stock | |
| Magnasense AB has high historical volatility and very poor performance |
Additional Tools for Magnasense Stock Analysis
When running Magnasense's price analysis, check to measure Magnasense'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 Magnasense is operating at the current time. Most of Magnasense's value examination focuses on studying past and present price action to predict the probability of Magnasense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnasense's price. Additionally, you may evaluate how the addition of Magnasense to your portfolios can decrease your overall portfolio volatility.