Qleanair Holding (Sweden) Probability of Future Stock Price Finishing Under 15.46
| QAIR Stock | SEK 17.05 0.10 0.58% |
Qleanair |
Qleanair Holding Target Price Odds to finish below 15.46
The tendency of Qleanair 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 15.46 or more in 90 days |
| 17.05 | 90 days | 15.46 | roughly 2.83 |
Based on a normal probability distribution, the odds of Qleanair Holding to drop to kr 15.46 or more in 90 days from now is roughly 2.83 (This Qleanair Holding AB probability density function shows the probability of Qleanair Stock to fall within a particular range of prices over 90 days) . Probability of Qleanair Holding price to stay between kr 15.46 and its current price of kr17.05 at the end of the 90-day period is nearly 4.64 .
Assuming the 90 days trading horizon Qleanair Holding AB has a beta of -0.2 indicating as returns on the benchmark increase, returns on holding Qleanair Holding are expected to decrease at a much lower rate. During a bear market, however, Qleanair Holding AB is likely to outperform the market. Additionally Qleanair 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. Qleanair Holding Price Density |
| Price |
Predictive Modules for Qleanair 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 Qleanair Holding. 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.Qleanair Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Qleanair Holding is not an exception. The market had few large corrections towards the Qleanair 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 Qleanair Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Qleanair Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.67 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 3.43 | |
Ir | Information ratio | -0.32 |
Qleanair 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 Qleanair Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Qleanair Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Qleanair Holding generated a negative expected return over the last 90 days | |
| Qleanair Holding AB has accumulated 202.04 M in total debt with debt to equity ratio (D/E) of 1.71, which is about average as compared to similar companies. Qleanair Holding has a current ratio of 0.85, 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 Qleanair Holding until it has trouble settling it off, either with new capital or with free cash flow. So, Qleanair Holding'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 Qleanair Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Qleanair to invest in growth at high rates of return. When we think about Qleanair Holding's use of debt, we should always consider it together with cash and equity. |
Qleanair 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 Qleanair Stock often depends not only on the future outlook of the current and potential Qleanair 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. Qleanair Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.1 M | |
| Cash And Short Term Investments | 69.7 M |
Qleanair Holding Technical Analysis
Qleanair Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Qleanair Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Qleanair Holding AB. In general, you should focus on analyzing Qleanair Stock price patterns and their correlations with different microeconomic environments and drivers.
Qleanair Holding Predictive Forecast Models
Qleanair Holding's time-series forecasting models is one of many Qleanair 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 Qleanair 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 Qleanair Holding
Checking the ongoing alerts about Qleanair Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qleanair Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Qleanair Holding generated a negative expected return over the last 90 days | |
| Qleanair Holding AB has accumulated 202.04 M in total debt with debt to equity ratio (D/E) of 1.71, which is about average as compared to similar companies. Qleanair Holding has a current ratio of 0.85, 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 Qleanair Holding until it has trouble settling it off, either with new capital or with free cash flow. So, Qleanair Holding'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 Qleanair Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Qleanair to invest in growth at high rates of return. When we think about Qleanair Holding's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Qleanair Stock Analysis
When running Qleanair Holding's price analysis, check to measure Qleanair 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 Qleanair Holding is operating at the current time. Most of Qleanair Holding's value examination focuses on studying past and present price action to predict the probability of Qleanair 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 Qleanair Holding's price. Additionally, you may evaluate how the addition of Qleanair Holding to your portfolios can decrease your overall portfolio volatility.