REC Silicon (Norway) Probability of Future Stock Price Finishing Under 4.21
| RECSI Stock | NOK 4.21 0.12 2.77% |
REC |
REC Silicon Target Price Odds to finish below 4.21
The tendency of REC 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 below current price in 90 days |
| 4.21 | 90 days | 4.21 | about 7.93 |
Based on a normal probability distribution, the odds of REC Silicon to move below current price in 90 days from now is about 7.93 (This REC Silicon ASA probability density function shows the probability of REC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon REC Silicon ASA has a beta of -2.83 indicating as returns on its benchmark rise, returns on holding REC Silicon ASA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, REC Silicon is expected to outperform its benchmark. Additionally REC Silicon ASA 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. REC Silicon Price Density |
| Price |
Predictive Modules for REC Silicon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as REC Silicon 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.REC Silicon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. REC Silicon is not an exception. The market had few large corrections towards the REC Silicon'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 REC Silicon ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of REC Silicon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -2.83 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | -0.06 |
REC Silicon 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 REC Silicon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for REC Silicon 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.| REC Silicon ASA generated a negative expected return over the last 90 days | |
| REC Silicon ASA has high historical volatility and very poor performance | |
| The company reported the revenue of 143.2 M. Net Loss for the year was (30.1 M) with profit before overhead, payroll, taxes, and interest of 117.2 M. | |
| REC Silicon ASA has accumulated about 110.5 M in cash with (14.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
REC Silicon 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 REC Stock often depends not only on the future outlook of the current and potential REC Silicon'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. REC Silicon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 372.4 M | |
| Cash And Short Term Investments | 110.5 M |
REC Silicon Technical Analysis
REC Silicon's future price can be derived by breaking down and analyzing its technical indicators over time. REC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of REC Silicon ASA. In general, you should focus on analyzing REC Stock price patterns and their correlations with different microeconomic environments and drivers.
REC Silicon Predictive Forecast Models
REC Silicon's time-series forecasting models is one of many REC Silicon'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 REC Silicon'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 REC Silicon ASA
Checking the ongoing alerts about REC Silicon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for REC Silicon ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| REC Silicon ASA generated a negative expected return over the last 90 days | |
| REC Silicon ASA has high historical volatility and very poor performance | |
| The company reported the revenue of 143.2 M. Net Loss for the year was (30.1 M) with profit before overhead, payroll, taxes, and interest of 117.2 M. | |
| REC Silicon ASA has accumulated about 110.5 M in cash with (14.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in REC Stock
REC Silicon financial ratios help investors to determine whether REC 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 REC with respect to the benefits of owning REC Silicon security.