Proximar Seafood (Norway) Probability of Future Stock Price Finishing Over 10.75
| PROXI Stock | NOK 3.45 0.06 1.77% |
Proximar |
Proximar Seafood Target Price Odds to finish over 10.75
The tendency of Proximar 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 10.75 or more in 90 days |
| 3.45 | 90 days | 10.75 | close to zero percent |
Based on a normal probability distribution, the odds of Proximar Seafood to move over 10.75 or more in 90 days from now is close to zero percent (This Proximar Seafood AS probability density function shows the probability of Proximar Stock to fall within a particular range of prices over 90 days) . Probability of Proximar Seafood price to stay between its current price of 3.45 and 10.75 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days trading horizon Proximar Seafood AS has a beta of -0.3 indicating as returns on the benchmark increase, returns on holding Proximar Seafood are expected to decrease at a much lower rate. During a bear market, however, Proximar Seafood AS is likely to outperform the market. Additionally Proximar Seafood 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. Proximar Seafood Price Density |
| Price |
Predictive Modules for Proximar Seafood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Proximar Seafood. 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.Proximar Seafood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Proximar Seafood is not an exception. The market had few large corrections towards the Proximar Seafood'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 Proximar Seafood AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Proximar Seafood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.12 |
Proximar Seafood 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 Proximar Seafood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Proximar Seafood can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Proximar Seafood generated a negative expected return over the last 90 days | |
| Proximar Seafood has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (25.02 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Proximar Seafood AS has accumulated about 73.8 M in cash with (27.93 M) of positive cash flow from operations. | |
| Roughly 61.0% of the company outstanding shares are owned by corporate insiders |
Proximar Seafood 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 Proximar Stock often depends not only on the future outlook of the current and potential Proximar Seafood'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. Proximar Seafood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.8 M | |
| Cash And Short Term Investments | 73.8 M |
Proximar Seafood Technical Analysis
Proximar Seafood's future price can be derived by breaking down and analyzing its technical indicators over time. Proximar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Proximar Seafood AS. In general, you should focus on analyzing Proximar Stock price patterns and their correlations with different microeconomic environments and drivers.
Proximar Seafood Predictive Forecast Models
Proximar Seafood's time-series forecasting models is one of many Proximar Seafood'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 Proximar Seafood'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 Proximar Seafood
Checking the ongoing alerts about Proximar Seafood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Proximar Seafood help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Proximar Seafood generated a negative expected return over the last 90 days | |
| Proximar Seafood has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (25.02 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Proximar Seafood AS has accumulated about 73.8 M in cash with (27.93 M) of positive cash flow from operations. | |
| Roughly 61.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Proximar Stock
Proximar Seafood financial ratios help investors to determine whether Proximar 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 Proximar with respect to the benefits of owning Proximar Seafood security.