Neola Medical (Sweden) Probability of Future Stock Price Finishing Under 2.56
| NEOLA Stock | 2.40 0.32 11.76% |
Neola |
Neola Medical Target Price Odds to finish below 2.56
The tendency of Neola 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 2.56 after 90 days |
| 2.40 | 90 days | 2.56 | about 44.57 |
Based on a normal probability distribution, the odds of Neola Medical to stay under 2.56 after 90 days from now is about 44.57 (This Neola Medical AB probability density function shows the probability of Neola Stock to fall within a particular range of prices over 90 days) . Probability of Neola Medical AB price to stay between its current price of 2.40 and 2.56 at the end of the 90-day period is about 19.44 .
Assuming the 90 days trading horizon Neola Medical AB has a beta of -0.79. This indicates as returns on the benchmark increase, returns on holding Neola Medical are expected to decrease at a much lower rate. During a bear market, however, Neola Medical AB is likely to outperform the market. Additionally Neola Medical AB has an alpha of 0.187, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Neola Medical Price Density |
| Price |
Predictive Modules for Neola Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neola Medical 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.Neola Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Neola Medical is not an exception. The market had few large corrections towards the Neola Medical'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 Neola Medical AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Neola Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.79 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.0066 |
Neola Medical 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 Neola Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Neola Medical 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.| Neola Medical AB generated a negative expected return over the last 90 days | |
| Neola Medical AB has high historical volatility and very poor performance | |
| Neola Medical AB has high likelihood to experience some financial distress in the next 2 years | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Neola Medical 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 Neola Stock often depends not only on the future outlook of the current and potential Neola Medical'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. Neola Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 9 M |
Neola Medical Technical Analysis
Neola Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Neola Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Neola Medical AB. In general, you should focus on analyzing Neola Stock price patterns and their correlations with different microeconomic environments and drivers.
Neola Medical Predictive Forecast Models
Neola Medical's time-series forecasting models is one of many Neola Medical'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 Neola Medical'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 Neola Medical AB
Checking the ongoing alerts about Neola Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Neola Medical AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Neola Medical AB generated a negative expected return over the last 90 days | |
| Neola Medical AB has high historical volatility and very poor performance | |
| Neola Medical AB has high likelihood to experience some financial distress in the next 2 years | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Neola Stock Analysis
When running Neola Medical's price analysis, check to measure Neola Medical'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 Neola Medical is operating at the current time. Most of Neola Medical's value examination focuses on studying past and present price action to predict the probability of Neola Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neola Medical's price. Additionally, you may evaluate how the addition of Neola Medical to your portfolios can decrease your overall portfolio volatility.