Momentum Group (Sweden) Probability of Future Stock Price Finishing Over 204.72
| MMGR-B Stock | SEK 171.20 0.60 0.35% |
Momentum |
Momentum Group Target Price Odds to finish over 204.72
The tendency of Momentum 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 204.72 or more in 90 days |
| 171.20 | 90 days | 204.72 | near 1 |
Based on a normal probability distribution, the odds of Momentum Group to move over kr 204.72 or more in 90 days from now is near 1 (This Momentum Group AB probability density function shows the probability of Momentum Stock to fall within a particular range of prices over 90 days) . Probability of Momentum Group AB price to stay between its current price of kr 171.20 and kr 204.72 at the end of the 90-day period is about 76.36 .
Assuming the 90 days trading horizon Momentum Group has a beta of 0.35. This indicates as returns on the market go up, Momentum Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Momentum Group AB will be expected to be much smaller as well. Additionally Momentum Group AB has an alpha of 0.0744, implying that it can generate a 0.0744 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Momentum Group Price Density |
| Price |
Predictive Modules for Momentum 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 Momentum 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.Momentum Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Momentum Group is not an exception. The market had few large corrections towards the Momentum 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 Momentum Group AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Momentum Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 6.13 | |
Ir | Information ratio | 0 |
Momentum 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 Momentum Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Momentum 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 has kr91 Million in debt which may indicate that it relies heavily on debt financing | |
| Over 84.0% of the company shares are owned by institutional investors |
Momentum 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 Momentum Stock often depends not only on the future outlook of the current and potential Momentum 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. Momentum Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.5 M | |
| Cash And Short Term Investments | 70 M |
Momentum Group Technical Analysis
Momentum Group's future price can be derived by breaking down and analyzing its technical indicators over time. Momentum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Momentum Group AB. In general, you should focus on analyzing Momentum Stock price patterns and their correlations with different microeconomic environments and drivers.
Momentum Group Predictive Forecast Models
Momentum Group's time-series forecasting models is one of many Momentum 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 Momentum 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 Momentum Group AB
Checking the ongoing alerts about Momentum Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Momentum 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 has kr91 Million in debt which may indicate that it relies heavily on debt financing | |
| Over 84.0% of the company shares are owned by institutional investors |
Other Information on Investing in Momentum Stock
Momentum Group financial ratios help investors to determine whether Momentum 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 Momentum with respect to the benefits of owning Momentum Group security.