OEM International (Sweden) Probability of Future Stock Price Finishing Under 97.64
| OEM-B Stock | SEK 117.80 0.60 0.51% |
OEM |
OEM International Target Price Odds to finish below 97.64
The tendency of OEM 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 97.64 or more in 90 days |
| 117.80 | 90 days | 97.64 | near 1 |
Based on a normal probability distribution, the odds of OEM International to drop to kr 97.64 or more in 90 days from now is near 1 (This OEM International AB probability density function shows the probability of OEM Stock to fall within a particular range of prices over 90 days) . Probability of OEM International price to stay between kr 97.64 and its current price of kr117.8 at the end of the 90-day period is about 45.31 .
Assuming the 90 days trading horizon OEM International AB has a beta of -0.14. This indicates as returns on the benchmark increase, returns on holding OEM International are expected to decrease at a much lower rate. During a bear market, however, OEM International AB is likely to outperform the market. Additionally OEM International 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. OEM International Price Density |
| Price |
Predictive Modules for OEM International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OEM International. 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.OEM International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OEM International is not an exception. The market had few large corrections towards the OEM International'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 OEM International AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OEM International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 3.84 | |
Ir | Information ratio | -0.08 |
OEM International 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 OEM International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OEM International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OEM International generated a negative expected return over the last 90 days | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
OEM International 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 OEM Stock often depends not only on the future outlook of the current and potential OEM International'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. OEM International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 138.6 M | |
| Cash And Short Term Investments | 144.8 M |
OEM International Technical Analysis
OEM International's future price can be derived by breaking down and analyzing its technical indicators over time. OEM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OEM International AB. In general, you should focus on analyzing OEM Stock price patterns and their correlations with different microeconomic environments and drivers.
OEM International Predictive Forecast Models
OEM International's time-series forecasting models is one of many OEM International'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 OEM International'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 OEM International
Checking the ongoing alerts about OEM International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OEM International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OEM International generated a negative expected return over the last 90 days | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for OEM Stock Analysis
When running OEM International's price analysis, check to measure OEM International'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 OEM International is operating at the current time. Most of OEM International's value examination focuses on studying past and present price action to predict the probability of OEM International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OEM International's price. Additionally, you may evaluate how the addition of OEM International to your portfolios can decrease your overall portfolio volatility.