Prime Office (Denmark) Probability of Future Stock Price Finishing Over 141.96
| PRIMOF Stock | DKK 169.00 4.00 2.31% |
Prime |
Prime Office Target Price Odds to finish over 141.96
The tendency of Prime 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 above kr 141.96 in 90 days |
| 169.00 | 90 days | 141.96 | close to 99 |
Based on a normal probability distribution, the odds of Prime Office to stay above kr 141.96 in 90 days from now is close to 99 (This Prime Office AS probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) . Probability of Prime Office AS price to stay between kr 141.96 and its current price of kr169.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Prime Office has a beta of 0.28 indicating as returns on the market go up, Prime Office average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prime Office AS will be expected to be much smaller as well. Additionally Prime Office AS 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. Prime Office Price Density |
| Price |
Predictive Modules for Prime Office
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Prime Office AS. 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.Prime Office Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Prime Office is not an exception. The market had few large corrections towards the Prime Office'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 Prime Office AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Prime Office within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 3.19 | |
Ir | Information ratio | -0.09 |
Prime Office 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 Prime Office for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Prime Office AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Prime Office AS generated a negative expected return over the last 90 days | |
| Prime Office AS has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Prime Office AS has a current ratio of 0.93, 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 Prime Office until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Office'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 Prime Office AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Office's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Prime Office outstanding shares are owned by corporate insiders |
Prime Office 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 Prime Stock often depends not only on the future outlook of the current and potential Prime Office'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. Prime Office's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.8 M |
Prime Office Technical Analysis
Prime Office's future price can be derived by breaking down and analyzing its technical indicators over time. Prime Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Prime Office AS. In general, you should focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environments and drivers.
Prime Office Predictive Forecast Models
Prime Office's time-series forecasting models is one of many Prime Office'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 Prime Office'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 Prime Office AS
Checking the ongoing alerts about Prime Office for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Prime Office AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Prime Office AS generated a negative expected return over the last 90 days | |
| Prime Office AS has accumulated 1.48 B in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Prime Office AS has a current ratio of 0.93, 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 Prime Office until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Office'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 Prime Office AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Office's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Prime Office outstanding shares are owned by corporate insiders |
Other Information on Investing in Prime Stock
Prime Office financial ratios help investors to determine whether Prime 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 Prime with respect to the benefits of owning Prime Office security.