NCC AB (Sweden) Chance of Future Stock Price Finishing Under 158.83
| NCC-B Stock | SEK 162.90 1.20 0.74% |
NCC |
NCC AB Target Price Odds to finish below 158.83
The tendency of NCC 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 158.83 or more in 90 days |
| 162.90 | 90 days | 158.83 | about 39.76 |
Based on a normal probability distribution, the odds of NCC AB to drop to kr 158.83 or more in 90 days from now is about 39.76 (This NCC AB probability density function shows the probability of NCC Stock to fall within a particular range of prices over 90 days) . Probability of NCC AB price to stay between kr 158.83 and its current price of kr162.9 at the end of the 90-day period is about 35.08 .
Assuming the 90 days trading horizon NCC AB has a beta of 0.16. This indicates as returns on the market go up, NCC AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NCC AB will be expected to be much smaller as well. Additionally NCC AB has an alpha of 0.0515, implying that it can generate a 0.0515 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NCC AB Price Density |
| Price |
Predictive Modules for NCC 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 NCC 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.NCC AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NCC AB is not an exception. The market had few large corrections towards the NCC 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 NCC AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NCC AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 4.37 | |
Ir | Information ratio | -0.05 |
NCC 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 NCC AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NCC 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.| NCC AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
NCC 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 NCC Stock often depends not only on the future outlook of the current and potential NCC 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. NCC AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.6 M | |
| Cash And Short Term Investments | 3.5 B |
NCC AB Technical Analysis
NCC AB's future price can be derived by breaking down and analyzing its technical indicators over time. NCC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NCC AB. In general, you should focus on analyzing NCC Stock price patterns and their correlations with different microeconomic environments and drivers.
NCC AB Predictive Forecast Models
NCC AB's time-series forecasting models is one of many NCC 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 NCC 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 NCC AB
Checking the ongoing alerts about NCC AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NCC AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NCC AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Additional Tools for NCC Stock Analysis
When running NCC AB's price analysis, check to measure NCC 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 NCC AB is operating at the current time. Most of NCC AB's value examination focuses on studying past and present price action to predict the probability of NCC 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 NCC AB's price. Additionally, you may evaluate how the addition of NCC AB to your portfolios can decrease your overall portfolio volatility.