Online Brands (Sweden) Probability of Future Stock Price Finishing Under 10.55
| OBAB Stock | SEK 10.80 0.15 1.41% |
Online |
Online Brands Target Price Odds to finish below 10.55
The tendency of Online 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 10.55 or more in 90 days |
| 10.80 | 90 days | 10.55 | about 24.86 |
Based on a normal probability distribution, the odds of Online Brands to drop to kr 10.55 or more in 90 days from now is about 24.86 (This Online Brands Nordic probability density function shows the probability of Online Stock to fall within a particular range of prices over 90 days) . Probability of Online Brands Nordic price to stay between kr 10.55 and its current price of kr10.8 at the end of the 90-day period is nearly 4.72 .
Assuming the 90 days trading horizon Online Brands has a beta of 0.17. This indicates as returns on the market go up, Online Brands average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Online Brands Nordic will be expected to be much smaller as well. Additionally Online Brands Nordic 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. Online Brands Price Density |
| Price |
Predictive Modules for Online Brands
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Online Brands Nordic. 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.Online Brands Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Online Brands is not an exception. The market had few large corrections towards the Online Brands' 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 Online Brands Nordic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Online Brands within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | -0.07 |
Online Brands 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 Online Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Online Brands Nordic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Online Brands Nordic generated a negative expected return over the last 90 days | |
| Online Brands Nordic has high historical volatility and very poor performance | |
| Online Brands Nordic has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Online Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Online Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Online Brands Nordic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Online to invest in growth at high rates of return. When we think about Online Brands' use of debt, we should always consider it together with cash and equity. | |
| Online Brands Nordic has accumulated about 157 K in cash with (8.16 M) of positive cash flow from operations. | |
| Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Online Brands 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 Online Stock often depends not only on the future outlook of the current and potential Online Brands' 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. Online Brands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 749.6 K | |
| Cash And Short Term Investments | 66.2 M |
Online Brands Technical Analysis
Online Brands' future price can be derived by breaking down and analyzing its technical indicators over time. Online Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Online Brands Nordic. In general, you should focus on analyzing Online Stock price patterns and their correlations with different microeconomic environments and drivers.
Online Brands Predictive Forecast Models
Online Brands' time-series forecasting models is one of many Online Brands' 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 Online Brands' 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 Online Brands Nordic
Checking the ongoing alerts about Online Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Online Brands Nordic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Online Brands Nordic generated a negative expected return over the last 90 days | |
| Online Brands Nordic has high historical volatility and very poor performance | |
| Online Brands Nordic has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Online Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Online Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Online Brands Nordic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Online to invest in growth at high rates of return. When we think about Online Brands' use of debt, we should always consider it together with cash and equity. | |
| Online Brands Nordic has accumulated about 157 K in cash with (8.16 M) of positive cash flow from operations. | |
| Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Online Stock Analysis
When running Online Brands' price analysis, check to measure Online Brands' 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 Online Brands is operating at the current time. Most of Online Brands' value examination focuses on studying past and present price action to predict the probability of Online Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Online Brands' price. Additionally, you may evaluate how the addition of Online Brands to your portfolios can decrease your overall portfolio volatility.