Profoto Holding (Sweden) Probability of Future Stock Price Finishing Over 46.97
| PRFO Stock | 40.80 1.40 3.32% |
Profoto |
Profoto Holding Target Price Odds to finish over 46.97
The tendency of Profoto 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 move over 46.97 or more in 90 days |
| 40.80 | 90 days | 46.97 | about 87.55 |
Based on a normal probability distribution, the odds of Profoto Holding to move over 46.97 or more in 90 days from now is about 87.55 (This Profoto Holding AB probability density function shows the probability of Profoto Stock to fall within a particular range of prices over 90 days) . Probability of Profoto Holding AB price to stay between its current price of 40.80 and 46.97 at the end of the 90-day period is about 11.86 .
Assuming the 90 days trading horizon Profoto Holding has a beta of 0.82 indicating as returns on the market go up, Profoto Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Profoto Holding AB will be expected to be much smaller as well. Additionally Profoto Holding 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. Profoto Holding Price Density |
| Price |
Predictive Modules for Profoto 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 Profoto Holding 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.Profoto Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Profoto Holding is not an exception. The market had few large corrections towards the Profoto 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 Profoto Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Profoto Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.64 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 4.52 | |
Ir | Information ratio | -0.26 |
Profoto 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 Profoto Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Profoto Holding 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.| Profoto Holding AB generated a negative expected return over the last 90 days | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
Profoto 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 Profoto Stock often depends not only on the future outlook of the current and potential Profoto 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. Profoto Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.4 M | |
| Cash And Short Term Investments | 206 M |
Profoto Holding Technical Analysis
Profoto Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Profoto Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Profoto Holding AB. In general, you should focus on analyzing Profoto Stock price patterns and their correlations with different microeconomic environments and drivers.
Profoto Holding Predictive Forecast Models
Profoto Holding's time-series forecasting models is one of many Profoto 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 Profoto 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 Profoto Holding AB
Checking the ongoing alerts about Profoto Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Profoto Holding AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Profoto Holding AB generated a negative expected return over the last 90 days | |
| About 68.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Profoto Stock Analysis
When running Profoto Holding's price analysis, check to measure Profoto Holding'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 Profoto Holding is operating at the current time. Most of Profoto Holding's value examination focuses on studying past and present price action to predict the probability of Profoto Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Profoto Holding's price. Additionally, you may evaluate how the addition of Profoto Holding to your portfolios can decrease your overall portfolio volatility.