Nordic Paper (Sweden) Probability of Future Stock Price Finishing Under 26.40
| NPAPER Stock | SEK 48.72 1.00 2.01% |
Nordic |
Nordic Paper Target Price Odds to finish below 26.40
The tendency of Nordic 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 26.40 or more in 90 days |
| 48.72 | 90 days | 26.40 | near 1 |
Based on a normal probability distribution, the odds of Nordic Paper to drop to kr 26.40 or more in 90 days from now is near 1 (This Nordic Paper Holding probability density function shows the probability of Nordic Stock to fall within a particular range of prices over 90 days) . Probability of Nordic Paper Holding price to stay between kr 26.40 and its current price of kr48.72 at the end of the 90-day period is about 11.35 .
Assuming the 90 days trading horizon Nordic Paper has a beta of 0.13. This indicates as returns on the market go up, Nordic Paper average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nordic Paper Holding will be expected to be much smaller as well. Additionally Nordic Paper Holding 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. Nordic Paper Price Density |
| Price |
Predictive Modules for Nordic Paper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nordic Paper 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nordic Paper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nordic Paper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nordic Paper is not an exception. The market had few large corrections towards the Nordic Paper'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 Nordic Paper Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nordic Paper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | -0.21 |
Nordic Paper 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 Nordic Paper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nordic Paper 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.| Nordic Paper Holding generated a negative expected return over the last 90 days | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Nordic Paper 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 Nordic Stock often depends not only on the future outlook of the current and potential Nordic Paper'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. Nordic Paper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.9 M | |
| Cash And Short Term Investments | 360 M |
Nordic Paper Technical Analysis
Nordic Paper's future price can be derived by breaking down and analyzing its technical indicators over time. Nordic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nordic Paper Holding. In general, you should focus on analyzing Nordic Stock price patterns and their correlations with different microeconomic environments and drivers.
Nordic Paper Predictive Forecast Models
Nordic Paper's time-series forecasting models is one of many Nordic Paper'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 Nordic Paper'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 Nordic Paper Holding
Checking the ongoing alerts about Nordic Paper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nordic Paper Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nordic Paper Holding generated a negative expected return over the last 90 days | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nordic Stock
Nordic Paper financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Paper security.