Matas AS (Denmark) Odds of Future Stock Price Finishing Over 124.42
| MATAS Stock | DKK 123.00 2.40 1.99% |
Matas |
Matas AS Target Price Odds to finish over 124.42
The tendency of Matas 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 124.42 or more in 90 days |
| 123.00 | 90 days | 124.42 | about 51.85 |
Based on a normal probability distribution, the odds of Matas AS to move over kr 124.42 or more in 90 days from now is about 51.85 (This Matas AS probability density function shows the probability of Matas Stock to fall within a particular range of prices over 90 days) . Probability of Matas AS price to stay between its current price of kr 123.00 and kr 124.42 at the end of the 90-day period is about 20.61 .
Assuming the 90 days trading horizon Matas AS has a beta of 0.4. This indicates as returns on the market go up, Matas AS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Matas AS will be expected to be much smaller as well. Additionally Matas AS 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. Matas AS Price Density |
| Price |
Predictive Modules for Matas AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Matas AS. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matas AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Matas AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Matas AS is not an exception. The market had few large corrections towards the Matas AS'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 Matas AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Matas AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 2.58 | |
Ir | Information ratio | -0.11 |
Matas AS 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 Matas AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Matas AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Matas AS generated a negative expected return over the last 90 days | |
| The company has kr996.1 Million in debt which may indicate that it relies heavily on debt financing |
Matas AS 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 Matas Stock often depends not only on the future outlook of the current and potential Matas AS'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. Matas AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.7 M |
Matas AS Technical Analysis
Matas AS's future price can be derived by breaking down and analyzing its technical indicators over time. Matas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Matas AS. In general, you should focus on analyzing Matas Stock price patterns and their correlations with different microeconomic environments and drivers.
Matas AS Predictive Forecast Models
Matas AS's time-series forecasting models is one of many Matas AS'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 Matas AS'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 Matas AS
Checking the ongoing alerts about Matas AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Matas AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Matas AS generated a negative expected return over the last 90 days | |
| The company has kr996.1 Million in debt which may indicate that it relies heavily on debt financing |
Other Information on Investing in Matas Stock
Matas AS financial ratios help investors to determine whether Matas 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 Matas with respect to the benefits of owning Matas AS security.