MilDef Group (Sweden) Probability of Future Stock Price Finishing Under 115.0
| MILDEF Stock | 118.00 3.00 2.61% |
MilDef |
MilDef Group Target Price Odds to finish below 115.0
The tendency of MilDef 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 115.00 or more in 90 days |
| 118.00 | 90 days | 115.00 | close to 99 |
Based on a normal probability distribution, the odds of MilDef Group to drop to 115.00 or more in 90 days from now is close to 99 (This MilDef Group AB probability density function shows the probability of MilDef Stock to fall within a particular range of prices over 90 days) . Probability of MilDef Group AB price to stay between 115.00 and its current price of 118.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon MilDef Group has a beta of 0.041. This indicates as returns on the market go up, MilDef Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MilDef Group AB will be expected to be much smaller as well. Additionally MilDef Group AB has an alpha of 0.5883, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). MilDef Group Price Density |
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Predictive Modules for MilDef Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MilDef Group 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MilDef Group'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.
MilDef Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MilDef Group is not an exception. The market had few large corrections towards the MilDef Group'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 MilDef Group AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MilDef Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 9.88 | |
Ir | Information ratio | 0.20 |
MilDef Group 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 MilDef Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MilDef Group 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.| The company reported the revenue of 469.6 M. Net Loss for the year was (700 K) with profit before overhead, payroll, taxes, and interest of 352.3 M. | |
| MilDef Group generates negative cash flow from operations | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
MilDef Group 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 MilDef Stock often depends not only on the future outlook of the current and potential MilDef Group'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. MilDef Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.2 M | |
| Cash And Short Term Investments | 169.2 M |
MilDef Group Technical Analysis
MilDef Group's future price can be derived by breaking down and analyzing its technical indicators over time. MilDef Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MilDef Group AB. In general, you should focus on analyzing MilDef Stock price patterns and their correlations with different microeconomic environments and drivers.
MilDef Group Predictive Forecast Models
MilDef Group's time-series forecasting models is one of many MilDef Group'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 MilDef Group'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 MilDef Group AB
Checking the ongoing alerts about MilDef Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MilDef Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 469.6 M. Net Loss for the year was (700 K) with profit before overhead, payroll, taxes, and interest of 352.3 M. | |
| MilDef Group generates negative cash flow from operations | |
| About 53.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in MilDef Stock
MilDef Group financial ratios help investors to determine whether MilDef 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 MilDef with respect to the benefits of owning MilDef Group security.