Nanoform Finland (Sweden) Probability of Future Stock Price Finishing Under 1.30
| NANOFS Stock | SEK 17.00 1.30 7.10% |
Nanoform |
Nanoform Finland Target Price Odds to finish below 1.30
The tendency of Nanoform 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 1.30 or more in 90 days |
| 17.00 | 90 days | 1.30 | near 1 |
Based on a normal probability distribution, the odds of Nanoform Finland to drop to kr 1.30 or more in 90 days from now is near 1 (This Nanoform Finland Plc probability density function shows the probability of Nanoform Stock to fall within a particular range of prices over 90 days) . Probability of Nanoform Finland Plc price to stay between kr 1.30 and its current price of kr17.0 at the end of the 90-day period is about 41.0 .
Assuming the 90 days trading horizon Nanoform Finland has a beta of 0.0698. This indicates as returns on the market go up, Nanoform Finland average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nanoform Finland Plc will be expected to be much smaller as well. Additionally Nanoform Finland Plc 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. Nanoform Finland Price Density |
| Price |
Predictive Modules for Nanoform Finland
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nanoform Finland Plc. 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.Nanoform Finland Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nanoform Finland is not an exception. The market had few large corrections towards the Nanoform Finland'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 Nanoform Finland Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nanoform Finland within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 2.47 | |
Ir | Information ratio | -0.1 |
Nanoform Finland 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 Nanoform Finland for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nanoform Finland Plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nanoform Finland Plc generated a negative expected return over the last 90 days | |
| Nanoform Finland Plc has high historical volatility and very poor performance | |
| Nanoform Finland Plc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.95 M. Net Loss for the year was (19.69 M) with profit before overhead, payroll, taxes, and interest of 1.79 M. | |
| Nanoform Finland Plc has accumulated about 94.82 M in cash with (14.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
Nanoform Finland 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 Nanoform Stock often depends not only on the future outlook of the current and potential Nanoform Finland'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. Nanoform Finland's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.5 M |
Nanoform Finland Technical Analysis
Nanoform Finland's future price can be derived by breaking down and analyzing its technical indicators over time. Nanoform Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nanoform Finland Plc. In general, you should focus on analyzing Nanoform Stock price patterns and their correlations with different microeconomic environments and drivers.
Nanoform Finland Predictive Forecast Models
Nanoform Finland's time-series forecasting models is one of many Nanoform Finland'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 Nanoform Finland'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 Nanoform Finland Plc
Checking the ongoing alerts about Nanoform Finland for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nanoform Finland Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nanoform Finland Plc generated a negative expected return over the last 90 days | |
| Nanoform Finland Plc has high historical volatility and very poor performance | |
| Nanoform Finland Plc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.95 M. Net Loss for the year was (19.69 M) with profit before overhead, payroll, taxes, and interest of 1.79 M. | |
| Nanoform Finland Plc has accumulated about 94.82 M in cash with (14.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nanoform Stock
Nanoform Finland financial ratios help investors to determine whether Nanoform 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 Nanoform with respect to the benefits of owning Nanoform Finland security.