Olav Thon (Norway) Probability of Future Stock Price Finishing Under 222.05
| OLT Stock | NOK 219.00 3.00 1.35% |
Olav |
Olav Thon Target Price Odds to finish below 222.05
The tendency of Olav 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 222.05 after 90 days |
| 219.00 | 90 days | 222.05 | about 20.38 |
Based on a normal probability distribution, the odds of Olav Thon to stay under 222.05 after 90 days from now is about 20.38 (This Olav Thon Eien probability density function shows the probability of Olav Stock to fall within a particular range of prices over 90 days) . Probability of Olav Thon Eien price to stay between its current price of 219.00 and 222.05 at the end of the 90-day period is about 19.0 .
Assuming the 90 days trading horizon Olav Thon Eien has a beta of -0.23. This indicates as returns on the benchmark increase, returns on holding Olav Thon are expected to decrease at a much lower rate. During a bear market, however, Olav Thon Eien is likely to outperform the market. Additionally Olav Thon Eien 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. Olav Thon Price Density |
| Price |
Predictive Modules for Olav Thon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Olav Thon Eien. 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.Olav Thon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Olav Thon is not an exception. The market had few large corrections towards the Olav Thon'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 Olav Thon Eien, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Olav Thon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 2.46 | |
Ir | Information ratio | -0.2 |
Olav Thon 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 Olav Thon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Olav Thon Eien can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Olav Thon Eien generated a negative expected return over the last 90 days | |
| Olav Thon Eien has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Olav Thon Eien has accumulated 17.14 B in total debt with debt to equity ratio (D/E) of 90.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Olav Thon Eien has a current ratio of 0.2, 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 Olav Thon until it has trouble settling it off, either with new capital or with free cash flow. So, Olav Thon's 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 Olav Thon Eien sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Olav to invest in growth at high rates of return. When we think about Olav Thon's use of debt, we should always consider it together with cash and equity. | |
| About 79.0% of Olav Thon outstanding shares are owned by corporate insiders |
Olav Thon 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 Olav Stock often depends not only on the future outlook of the current and potential Olav Thon'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. Olav Thon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 103.6 M | |
| Cash And Short Term Investments | 447 M |
Olav Thon Technical Analysis
Olav Thon's future price can be derived by breaking down and analyzing its technical indicators over time. Olav Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Olav Thon Eien. In general, you should focus on analyzing Olav Stock price patterns and their correlations with different microeconomic environments and drivers.
Olav Thon Predictive Forecast Models
Olav Thon's time-series forecasting models is one of many Olav Thon'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 Olav Thon'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 Olav Thon Eien
Checking the ongoing alerts about Olav Thon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Olav Thon Eien help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Olav Thon Eien generated a negative expected return over the last 90 days | |
| Olav Thon Eien has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Olav Thon Eien has accumulated 17.14 B in total debt with debt to equity ratio (D/E) of 90.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Olav Thon Eien has a current ratio of 0.2, 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 Olav Thon until it has trouble settling it off, either with new capital or with free cash flow. So, Olav Thon's 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 Olav Thon Eien sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Olav to invest in growth at high rates of return. When we think about Olav Thon's use of debt, we should always consider it together with cash and equity. | |
| About 79.0% of Olav Thon outstanding shares are owned by corporate insiders |
Other Information on Investing in Olav Stock
Olav Thon financial ratios help investors to determine whether Olav 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 Olav with respect to the benefits of owning Olav Thon security.