Orexo AB (Sweden) Odds of Future Stock Price Finishing Under 9.85
| ORX Stock | SEK 12.28 1.92 18.53% |
Orexo |
Orexo AB Target Price Odds to finish below 9.85
The tendency of Orexo 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 9.85 or more in 90 days |
| 12.28 | 90 days | 9.85 | about 6.04 |
Based on a normal probability distribution, the odds of Orexo AB to drop to kr 9.85 or more in 90 days from now is about 6.04 (This Orexo AB probability density function shows the probability of Orexo Stock to fall within a particular range of prices over 90 days) . Probability of Orexo AB price to stay between kr 9.85 and its current price of kr12.28 at the end of the 90-day period is about 29.53 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.04 . This indicates Orexo AB market returns are related to returns on the market. As the market goes up or down, Orexo AB is expected to follow. Additionally Orexo 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. Orexo AB Price Density |
| Price |
Predictive Modules for Orexo AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Orexo 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.Orexo AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Orexo AB is not an exception. The market had few large corrections towards the Orexo AB'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 Orexo AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Orexo AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.79 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 2.06 | |
Ir | Information ratio | -0.28 |
Orexo AB 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 Orexo AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Orexo 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.| Orexo AB generated a negative expected return over the last 90 days | |
| Orexo AB has high historical volatility and very poor performance | |
| The company has kr519 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 624.3 M. Net Loss for the year was (183.9 M) with profit before overhead, payroll, taxes, and interest of 521.7 M. | |
| Orexo AB has accumulated about 697 M in cash with (156.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.64, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
Orexo AB 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 Orexo Stock often depends not only on the future outlook of the current and potential Orexo AB'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. Orexo AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.3 M | |
| Cash And Short Term Investments | 351.8 M | |
| Shares Float | 22.4 M |
Orexo AB Technical Analysis
Orexo AB's future price can be derived by breaking down and analyzing its technical indicators over time. Orexo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Orexo AB. In general, you should focus on analyzing Orexo Stock price patterns and their correlations with different microeconomic environments and drivers.
Orexo AB Predictive Forecast Models
Orexo AB's time-series forecasting models is one of many Orexo AB'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 Orexo AB'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 Orexo AB
Checking the ongoing alerts about Orexo AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Orexo AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Orexo AB generated a negative expected return over the last 90 days | |
| Orexo AB has high historical volatility and very poor performance | |
| The company has kr519 Million in debt which may indicate that it relies heavily on debt financing | |
| The company reported the revenue of 624.3 M. Net Loss for the year was (183.9 M) with profit before overhead, payroll, taxes, and interest of 521.7 M. | |
| Orexo AB has accumulated about 697 M in cash with (156.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.64, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Orexo Stock Analysis
When running Orexo AB's price analysis, check to measure Orexo AB'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 Orexo AB is operating at the current time. Most of Orexo AB's value examination focuses on studying past and present price action to predict the probability of Orexo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orexo AB's price. Additionally, you may evaluate how the addition of Orexo AB to your portfolios can decrease your overall portfolio volatility.