Rolling Optics (Sweden) Probability of Future Stock Price Finishing Under 0.71
| RO Stock | SEK 0.69 0.02 2.82% |
Rolling |
Rolling Optics Target Price Odds to finish below 0.71
The tendency of Rolling 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 under kr 0.71 after 90 days |
| 0.69 | 90 days | 0.71 | about 14.86 |
Based on a normal probability distribution, the odds of Rolling Optics to stay under kr 0.71 after 90 days from now is about 14.86 (This Rolling Optics Holding probability density function shows the probability of Rolling Stock to fall within a particular range of prices over 90 days) . Probability of Rolling Optics Holding price to stay between its current price of kr 0.69 and kr 0.71 at the end of the 90-day period is about 7.66 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.01 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rolling Optics will likely underperform. Additionally Rolling Optics Holding 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. Rolling Optics Price Density |
| Price |
Predictive Modules for Rolling Optics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rolling Optics 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rolling Optics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rolling Optics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rolling Optics is not an exception. The market had few large corrections towards the Rolling Optics' 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 Rolling Optics Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rolling Optics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 2.01 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.07 |
Rolling Optics 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 Rolling Optics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rolling Optics 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.| Rolling Optics generated a negative expected return over the last 90 days | |
| Rolling Optics has some characteristics of a very speculative penny stock | |
| Rolling Optics has high historical volatility and very poor performance | |
| The company reported the revenue of 26.87 M. Net Loss for the year was (12.76 M) with profit before overhead, payroll, taxes, and interest of 2.03 M. | |
| Rolling Optics Holding has accumulated about 61.84 M in cash with (13.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41. | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders |
Rolling Optics 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 Rolling Stock often depends not only on the future outlook of the current and potential Rolling Optics' 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. Rolling Optics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 164.4 M | |
| Cash And Short Term Investments | 46.1 M |
Rolling Optics Technical Analysis
Rolling Optics' future price can be derived by breaking down and analyzing its technical indicators over time. Rolling Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rolling Optics Holding. In general, you should focus on analyzing Rolling Stock price patterns and their correlations with different microeconomic environments and drivers.
Rolling Optics Predictive Forecast Models
Rolling Optics' time-series forecasting models is one of many Rolling Optics' 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 Rolling Optics' 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 Rolling Optics Holding
Checking the ongoing alerts about Rolling Optics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rolling Optics Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rolling Optics generated a negative expected return over the last 90 days | |
| Rolling Optics has some characteristics of a very speculative penny stock | |
| Rolling Optics has high historical volatility and very poor performance | |
| The company reported the revenue of 26.87 M. Net Loss for the year was (12.76 M) with profit before overhead, payroll, taxes, and interest of 2.03 M. | |
| Rolling Optics Holding has accumulated about 61.84 M in cash with (13.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41. | |
| Roughly 40.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Rolling Stock Analysis
When running Rolling Optics' price analysis, check to measure Rolling Optics' 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 Rolling Optics is operating at the current time. Most of Rolling Optics' value examination focuses on studying past and present price action to predict the probability of Rolling Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rolling Optics' price. Additionally, you may evaluate how the addition of Rolling Optics to your portfolios can decrease your overall portfolio volatility.