Rovsing AS (Denmark) Probability of Future Stock Price Finishing Under 36.6
| ROV Stock | DKK 40.80 0.20 0.49% |
Rovsing |
Rovsing AS Target Price Odds to finish below 36.6
The tendency of Rovsing 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 36.60 or more in 90 days |
| 40.80 | 90 days | 36.60 | about 15.8 |
Based on a normal probability distribution, the odds of Rovsing AS to drop to kr 36.60 or more in 90 days from now is about 15.8 (This Rovsing AS probability density function shows the probability of Rovsing Stock to fall within a particular range of prices over 90 days) . Probability of Rovsing AS price to stay between kr 36.60 and its current price of kr40.8 at the end of the 90-day period is about 18.01 .
Assuming the 90 days trading horizon Rovsing AS has a beta of -0.17 indicating as returns on the benchmark increase, returns on holding Rovsing AS are expected to decrease at a much lower rate. During a bear market, however, Rovsing AS is likely to outperform the market. Additionally Rovsing AS has an alpha of 0.4659, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rovsing AS Price Density |
| Price |
Predictive Modules for Rovsing AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rovsing 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.Rovsing AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rovsing AS is not an exception. The market had few large corrections towards the Rovsing AS'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 Rovsing AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rovsing AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 7.19 | |
Ir | Information ratio | 0.05 |
Rovsing AS 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 Rovsing AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rovsing 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.| Rovsing AS is way too risky over 90 days horizon | |
| Rovsing AS appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 27.01 M. Net Loss for the year was (1.55 M) with profit before overhead, payroll, taxes, and interest of 21.05 M. | |
| Rovsing AS has accumulated about 256 K in cash with (4.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
Rovsing AS 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 Rovsing Stock often depends not only on the future outlook of the current and potential Rovsing AS'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. Rovsing AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 470.7 K |
Rovsing AS Technical Analysis
Rovsing AS's future price can be derived by breaking down and analyzing its technical indicators over time. Rovsing Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rovsing AS. In general, you should focus on analyzing Rovsing Stock price patterns and their correlations with different microeconomic environments and drivers.
Rovsing AS Predictive Forecast Models
Rovsing AS's time-series forecasting models is one of many Rovsing AS'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 Rovsing AS'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 Rovsing AS
Checking the ongoing alerts about Rovsing AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rovsing AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rovsing AS is way too risky over 90 days horizon | |
| Rovsing AS appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 27.01 M. Net Loss for the year was (1.55 M) with profit before overhead, payroll, taxes, and interest of 21.05 M. | |
| Rovsing AS has accumulated about 256 K in cash with (4.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Rovsing Stock
Rovsing AS financial ratios help investors to determine whether Rovsing 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 Rovsing with respect to the benefits of owning Rovsing AS security.