Mentice AB (Sweden) Probability of Future Stock Price Finishing Under 19.27
| MNTC Stock | SEK 21.90 0.90 4.29% |
Mentice |
Mentice AB Target Price Odds to finish below 19.27
The tendency of Mentice 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 kr 19.27 or more in 90 days |
| 21.90 | 90 days | 19.27 | near 1 |
Based on a normal probability distribution, the odds of Mentice AB to drop to kr 19.27 or more in 90 days from now is near 1 (This Mentice AB probability density function shows the probability of Mentice Stock to fall within a particular range of prices over 90 days) . Probability of Mentice AB price to stay between kr 19.27 and its current price of kr21.9 at the end of the 90-day period is about 1.54 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.14 . This indicates Mentice AB market returns are related to returns on the market. As the market goes up or down, Mentice AB is expected to follow. Additionally Mentice 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. Mentice AB Price Density |
| Price |
Predictive Modules for Mentice AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mentice 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.Mentice AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mentice AB is not an exception. The market had few large corrections towards the Mentice AB'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 Mentice AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mentice AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 2.36 | |
Ir | Information ratio | -0.14 |
Mentice AB 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 Mentice AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mentice 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.| Mentice AB generated a negative expected return over the last 90 days | |
| Mentice AB has high historical volatility and very poor performance | |
| Mentice AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 185.06 M. Net Loss for the year was (29.19 M) with profit before overhead, payroll, taxes, and interest of 188.94 M. | |
| Mentice AB generates negative cash flow from operations | |
| About 44.0% of the company outstanding shares are owned by corporate insiders |
Mentice AB 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 Mentice Stock often depends not only on the future outlook of the current and potential Mentice AB'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. Mentice AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.8 M | |
| Cash And Short Term Investments | 12.7 M |
Mentice AB Technical Analysis
Mentice AB's future price can be derived by breaking down and analyzing its technical indicators over time. Mentice Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mentice AB. In general, you should focus on analyzing Mentice Stock price patterns and their correlations with different microeconomic environments and drivers.
Mentice AB Predictive Forecast Models
Mentice AB's time-series forecasting models is one of many Mentice AB'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 Mentice AB'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 Mentice AB
Checking the ongoing alerts about Mentice AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mentice AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mentice AB generated a negative expected return over the last 90 days | |
| Mentice AB has high historical volatility and very poor performance | |
| Mentice AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 185.06 M. Net Loss for the year was (29.19 M) with profit before overhead, payroll, taxes, and interest of 188.94 M. | |
| Mentice AB generates negative cash flow from operations | |
| About 44.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Mentice Stock Analysis
When running Mentice AB's price analysis, check to measure Mentice AB'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 Mentice AB is operating at the current time. Most of Mentice AB's value examination focuses on studying past and present price action to predict the probability of Mentice AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mentice AB's price. Additionally, you may evaluate how the addition of Mentice AB to your portfolios can decrease your overall portfolio volatility.