Oncopeptides (Sweden) Probability of Future Stock Price Finishing Under 0.02
| ONCO Stock | SEK 1.51 0.01 0.67% |
Oncopeptides |
Oncopeptides Target Price Odds to finish below 0.02
The tendency of Oncopeptides 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 0.02 or more in 90 days |
| 1.51 | 90 days | 0.02 | near 1 |
Based on a normal probability distribution, the odds of Oncopeptides to drop to kr 0.02 or more in 90 days from now is near 1 (This Oncopeptides AB probability density function shows the probability of Oncopeptides Stock to fall within a particular range of prices over 90 days) . Probability of Oncopeptides AB price to stay between kr 0.02 and its current price of kr1.51 at the end of the 90-day period is roughly 2.97 .
Assuming the 90 days trading horizon Oncopeptides has a beta of 0.36. This indicates as returns on the market go up, Oncopeptides average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oncopeptides AB will be expected to be much smaller as well. Additionally Oncopeptides 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. Oncopeptides Price Density |
| Price |
Predictive Modules for Oncopeptides
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oncopeptides AB. 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.Oncopeptides Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oncopeptides is not an exception. The market had few large corrections towards the Oncopeptides' 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 Oncopeptides AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oncopeptides within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.53 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.16 |
Oncopeptides 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 Oncopeptides for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oncopeptides AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oncopeptides AB generated a negative expected return over the last 90 days | |
| Oncopeptides AB may become a speculative penny stock | |
| Oncopeptides AB has high historical volatility and very poor performance | |
| Oncopeptides AB has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 118.3 M. Net Loss for the year was (1.43 B) with profit before overhead, payroll, taxes, and interest of 74.16 M. | |
| Oncopeptides AB has accumulated about 747.47 M in cash with (1.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Oncopeptides 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 Oncopeptides Stock often depends not only on the future outlook of the current and potential Oncopeptides' 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. Oncopeptides' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.3 M | |
| Cash And Short Term Investments | 362.2 M |
Oncopeptides Technical Analysis
Oncopeptides' future price can be derived by breaking down and analyzing its technical indicators over time. Oncopeptides Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oncopeptides AB. In general, you should focus on analyzing Oncopeptides Stock price patterns and their correlations with different microeconomic environments and drivers.
Oncopeptides Predictive Forecast Models
Oncopeptides' time-series forecasting models is one of many Oncopeptides' 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 Oncopeptides' 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 Oncopeptides AB
Checking the ongoing alerts about Oncopeptides for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oncopeptides AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oncopeptides AB generated a negative expected return over the last 90 days | |
| Oncopeptides AB may become a speculative penny stock | |
| Oncopeptides AB has high historical volatility and very poor performance | |
| Oncopeptides AB has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 118.3 M. Net Loss for the year was (1.43 B) with profit before overhead, payroll, taxes, and interest of 74.16 M. | |
| Oncopeptides AB has accumulated about 747.47 M in cash with (1.52 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Oncopeptides Stock Analysis
When running Oncopeptides' price analysis, check to measure Oncopeptides' 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 Oncopeptides is operating at the current time. Most of Oncopeptides' value examination focuses on studying past and present price action to predict the probability of Oncopeptides' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oncopeptides' price. Additionally, you may evaluate how the addition of Oncopeptides to your portfolios can decrease your overall portfolio volatility.