Nicoccino Holding (Sweden) Probability of Future Stock Price Finishing Under 1.5
| NICO Stock | SEK 1.69 0.09 5.62% |
Nicoccino |
Nicoccino Holding Target Price Odds to finish below 1.5
The tendency of Nicoccino 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 1.50 or more in 90 days |
| 1.69 | 90 days | 1.50 | about 5.58 |
Based on a normal probability distribution, the odds of Nicoccino Holding to drop to kr 1.50 or more in 90 days from now is about 5.58 (This Nicoccino Holding AB probability density function shows the probability of Nicoccino Stock to fall within a particular range of prices over 90 days) . Probability of Nicoccino Holding price to stay between kr 1.50 and its current price of kr1.69 at the end of the 90-day period is about 9.55 .
Assuming the 90 days trading horizon Nicoccino Holding AB has a beta of -2.2. This indicates as returns on its benchmark rise, returns on holding Nicoccino Holding AB are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nicoccino Holding is expected to outperform its benchmark. Additionally Nicoccino Holding 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. Nicoccino Holding Price Density |
| Price |
Predictive Modules for Nicoccino Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nicoccino Holding. 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.Nicoccino Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nicoccino Holding is not an exception. The market had few large corrections towards the Nicoccino Holding'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 Nicoccino Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nicoccino Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | -2.2 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.08 |
Nicoccino Holding 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 Nicoccino Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nicoccino Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nicoccino Holding generated a negative expected return over the last 90 days | |
| Nicoccino Holding has high historical volatility and very poor performance | |
| Nicoccino Holding may become a speculative penny stock | |
| Nicoccino Holding has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 56 K. Net Loss for the year was (5.74 M) with loss before overhead, payroll, taxes, and interest of (460 K). | |
| Nicoccino Holding AB has accumulated about 14.71 M in cash with (5.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.96. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Nicoccino Holding 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 Nicoccino Stock often depends not only on the future outlook of the current and potential Nicoccino Holding'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. Nicoccino Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 14.7 M |
Nicoccino Holding Technical Analysis
Nicoccino Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Nicoccino Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nicoccino Holding AB. In general, you should focus on analyzing Nicoccino Stock price patterns and their correlations with different microeconomic environments and drivers.
Nicoccino Holding Predictive Forecast Models
Nicoccino Holding's time-series forecasting models is one of many Nicoccino Holding'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 Nicoccino Holding'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 Nicoccino Holding
Checking the ongoing alerts about Nicoccino Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nicoccino Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nicoccino Holding generated a negative expected return over the last 90 days | |
| Nicoccino Holding has high historical volatility and very poor performance | |
| Nicoccino Holding may become a speculative penny stock | |
| Nicoccino Holding has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 56 K. Net Loss for the year was (5.74 M) with loss before overhead, payroll, taxes, and interest of (460 K). | |
| Nicoccino Holding AB has accumulated about 14.71 M in cash with (5.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.96. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Nicoccino Stock Analysis
When running Nicoccino Holding's price analysis, check to measure Nicoccino Holding'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 Nicoccino Holding is operating at the current time. Most of Nicoccino Holding's value examination focuses on studying past and present price action to predict the probability of Nicoccino Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicoccino Holding's price. Additionally, you may evaluate how the addition of Nicoccino Holding to your portfolios can decrease your overall portfolio volatility.