Medivir AB (Sweden) Probability of Future Stock Price Finishing Under 0.03
| MVIR Stock | 2.71 0.08 2.87% |
Medivir |
Medivir AB Target Price Odds to finish below 0.03
The tendency of Medivir 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 0.03 or more in 90 days |
| 2.71 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of Medivir AB to drop to 0.03 or more in 90 days from now is near 1 (This Medivir AB probability density function shows the probability of Medivir Stock to fall within a particular range of prices over 90 days) . Probability of Medivir AB price to stay between 0.03 and its current price of 2.71 at the end of the 90-day period is about 13.82 .
Assuming the 90 days trading horizon Medivir AB has a beta of -0.77. This indicates as returns on the benchmark increase, returns on holding Medivir AB are expected to decrease at a much lower rate. During a bear market, however, Medivir AB is likely to outperform the market. Additionally Medivir 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. Medivir AB Price Density |
| Price |
Predictive Modules for Medivir 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 Medivir 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.Medivir AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medivir AB is not an exception. The market had few large corrections towards the Medivir 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 Medivir AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medivir AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.09 |
Medivir 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 Medivir AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medivir 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.| Medivir AB generated a negative expected return over the last 90 days | |
| Medivir AB has high historical volatility and very poor performance |
Medivir AB Technical Analysis
Medivir AB's future price can be derived by breaking down and analyzing its technical indicators over time. Medivir Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medivir AB. In general, you should focus on analyzing Medivir Stock price patterns and their correlations with different microeconomic environments and drivers.
Medivir AB Predictive Forecast Models
Medivir AB's time-series forecasting models is one of many Medivir 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 Medivir 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 Medivir AB
Checking the ongoing alerts about Medivir AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Medivir AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Medivir AB generated a negative expected return over the last 90 days | |
| Medivir AB has high historical volatility and very poor performance |
Additional Tools for Medivir Stock Analysis
When running Medivir AB's price analysis, check to measure Medivir 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 Medivir AB is operating at the current time. Most of Medivir AB's value examination focuses on studying past and present price action to predict the probability of Medivir 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 Medivir AB's price. Additionally, you may evaluate how the addition of Medivir AB to your portfolios can decrease your overall portfolio volatility.