Multiconsult (Norway) Probability of Future Stock Price Finishing Under 112.97
| MULTI Stock | NOK 193.00 0.50 0.26% |
Multiconsult |
Multiconsult Target Price Odds to finish below 112.97
The tendency of Multiconsult 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 112.97 or more in 90 days |
| 193.00 | 90 days | 112.97 | near 1 |
Based on a normal probability distribution, the odds of Multiconsult to drop to 112.97 or more in 90 days from now is near 1 (This Multiconsult AS probability density function shows the probability of Multiconsult Stock to fall within a particular range of prices over 90 days) . Probability of Multiconsult AS price to stay between 112.97 and its current price of 193.0 at the end of the 90-day period is about 88.5 .
Assuming the 90 days trading horizon Multiconsult AS has a beta of -0.14. This indicates as returns on the benchmark increase, returns on holding Multiconsult are expected to decrease at a much lower rate. During a bear market, however, Multiconsult AS is likely to outperform the market. Additionally Multiconsult AS has an alpha of 0.1355, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Multiconsult Price Density |
| Price |
Predictive Modules for Multiconsult
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multiconsult 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.Multiconsult Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Multiconsult is not an exception. The market had few large corrections towards the Multiconsult'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 Multiconsult AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Multiconsult within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 5.34 | |
Ir | Information ratio | 0 |
Multiconsult 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 Multiconsult for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Multiconsult 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.| Multiconsult AS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 40.0% of the company outstanding shares are owned by corporate insiders |
Multiconsult 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 Multiconsult Stock often depends not only on the future outlook of the current and potential Multiconsult'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. Multiconsult's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.4 M | |
| Cash And Short Term Investments | 156.2 M |
Multiconsult Technical Analysis
Multiconsult's future price can be derived by breaking down and analyzing its technical indicators over time. Multiconsult Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Multiconsult AS. In general, you should focus on analyzing Multiconsult Stock price patterns and their correlations with different microeconomic environments and drivers.
Multiconsult Predictive Forecast Models
Multiconsult's time-series forecasting models is one of many Multiconsult'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 Multiconsult'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 Multiconsult AS
Checking the ongoing alerts about Multiconsult for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Multiconsult AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Multiconsult AS has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 40.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Multiconsult Stock
Multiconsult financial ratios help investors to determine whether Multiconsult 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 Multiconsult with respect to the benefits of owning Multiconsult security.