Pexip Holding (Norway) Probability of Future Stock Price Finishing Under 42.15
| PEXIP Stock | NOK 43.10 0.90 2.13% |
Pexip |
Pexip Holding Target Price Odds to finish below 42.15
The tendency of Pexip 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 42.15 or more in 90 days |
| 43.10 | 90 days | 42.15 | about 89.29 |
Based on a normal probability distribution, the odds of Pexip Holding to drop to 42.15 or more in 90 days from now is about 89.29 (This Pexip Holding ASA probability density function shows the probability of Pexip Stock to fall within a particular range of prices over 90 days) . Probability of Pexip Holding ASA price to stay between 42.15 and its current price of 43.1 at the end of the 90-day period is about 5.17 .
Assuming the 90 days trading horizon Pexip Holding has a beta of 0.45 indicating as returns on the market go up, Pexip Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pexip Holding ASA will be expected to be much smaller as well. Additionally Pexip Holding ASA has an alpha of 0.2268, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pexip Holding Price Density |
| Price |
Predictive Modules for Pexip Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pexip Holding ASA. 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.Pexip Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pexip Holding is not an exception. The market had few large corrections towards the Pexip Holding'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 Pexip Holding ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pexip Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 2.67 | |
Ir | Information ratio | 0.09 |
Pexip Holding 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 Pexip Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pexip Holding ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 805.52 M. Net Loss for the year was (157.32 M) with profit before overhead, payroll, taxes, and interest of 152.69 M. | |
| Pexip Holding ASA has accumulated about 803.85 M in cash with (155.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Pexip Holding 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 Pexip Stock often depends not only on the future outlook of the current and potential Pexip Holding'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. Pexip Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 796.9 M |
Pexip Holding Technical Analysis
Pexip Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Pexip Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pexip Holding ASA. In general, you should focus on analyzing Pexip Stock price patterns and their correlations with different microeconomic environments and drivers.
Pexip Holding Predictive Forecast Models
Pexip Holding's time-series forecasting models is one of many Pexip Holding'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 Pexip Holding'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 Pexip Holding ASA
Checking the ongoing alerts about Pexip Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pexip Holding ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 805.52 M. Net Loss for the year was (157.32 M) with profit before overhead, payroll, taxes, and interest of 152.69 M. | |
| Pexip Holding ASA has accumulated about 803.85 M in cash with (155.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Pexip Stock
Pexip Holding financial ratios help investors to determine whether Pexip 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 Pexip with respect to the benefits of owning Pexip Holding security.