Mofast AB (Sweden) Probability of Future Stock Price Finishing Under 15.4
| MOFAST Stock | 14.50 0.50 3.57% |
Mofast |
Mofast AB Target Price Odds to finish below 15.4
The tendency of Mofast 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 stay under 15.40 after 90 days |
| 14.50 | 90 days | 15.40 | about 39.82 |
Based on a normal probability distribution, the odds of Mofast AB to stay under 15.40 after 90 days from now is about 39.82 (This Mofast AB probability density function shows the probability of Mofast Stock to fall within a particular range of prices over 90 days) . Probability of Mofast AB price to stay between its current price of 14.50 and 15.40 at the end of the 90-day period is about 29.3 .
Assuming the 90 days trading horizon Mofast AB has a beta of 0.31. This indicates as returns on the market go up, Mofast AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mofast AB will be expected to be much smaller as well. Additionally Mofast 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. Mofast AB Price Density |
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Predictive Modules for Mofast 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 Mofast 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 Mofast AB'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.
Mofast AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mofast AB is not an exception. The market had few large corrections towards the Mofast 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 Mofast AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mofast AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.11 |
Mofast 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 Mofast AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mofast 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.| Mofast AB generated a negative expected return over the last 90 days |
Mofast AB Technical Analysis
Mofast AB's future price can be derived by breaking down and analyzing its technical indicators over time. Mofast Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mofast AB. In general, you should focus on analyzing Mofast Stock price patterns and their correlations with different microeconomic environments and drivers.
Mofast AB Predictive Forecast Models
Mofast AB's time-series forecasting models is one of many Mofast 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 Mofast 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 Mofast AB
Checking the ongoing alerts about Mofast AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mofast AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mofast AB generated a negative expected return over the last 90 days |
Other Information on Investing in Mofast Stock
Mofast AB financial ratios help investors to determine whether Mofast 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 Mofast with respect to the benefits of owning Mofast AB security.