AB Sagax (Sweden) Odds of Future Stock Price Finishing Under 285.0
| SAGA-A Stock | SEK 235.00 3.00 1.26% |
SAGA-A |
AB Sagax Target Price Odds to finish below 285.0
The tendency of SAGA-A 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 285.00 after 90 days |
| 235.00 | 90 days | 285.00 | about 87.48 |
Based on a normal probability distribution, the odds of AB Sagax to stay under kr 285.00 after 90 days from now is about 87.48 (This AB Sagax probability density function shows the probability of SAGA-A Stock to fall within a particular range of prices over 90 days) . Probability of AB Sagax price to stay between its current price of kr 235.00 and kr 285.00 at the end of the 90-day period is about 85.25 .
Assuming the 90 days trading horizon AB Sagax has a beta of 0.0521. This usually implies as returns on the market go up, AB Sagax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AB Sagax will be expected to be much smaller as well. Additionally AB Sagax 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. AB Sagax Price Density |
| Price |
Predictive Modules for AB Sagax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AB Sagax. 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.AB Sagax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AB Sagax is not an exception. The market had few large corrections towards the AB Sagax'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 AB Sagax, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AB Sagax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 15.90 | |
Ir | Information ratio | -0.18 |
AB Sagax 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 AB Sagax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AB Sagax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AB Sagax generated a negative expected return over the last 90 days | |
| AB Sagax has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| AB Sagax has accumulated 23.76 B in total debt with debt to equity ratio (D/E) of 95.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AB Sagax has a current ratio of 0.31, 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 AB Sagax until it has trouble settling it off, either with new capital or with free cash flow. So, AB Sagax'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 AB Sagax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SAGA-A to invest in growth at high rates of return. When we think about AB Sagax's use of debt, we should always consider it together with cash and equity. | |
| About 80.0% of AB Sagax outstanding shares are owned by corporate insiders |
AB Sagax 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 SAGA-A Stock often depends not only on the future outlook of the current and potential AB Sagax'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. AB Sagax's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 443.9 M | |
| Cash And Short Term Investments | 4.9 B |
AB Sagax Technical Analysis
AB Sagax's future price can be derived by breaking down and analyzing its technical indicators over time. SAGA-A Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AB Sagax. In general, you should focus on analyzing SAGA-A Stock price patterns and their correlations with different microeconomic environments and drivers.
AB Sagax Predictive Forecast Models
AB Sagax's time-series forecasting models is one of many AB Sagax'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 AB Sagax'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 AB Sagax
Checking the ongoing alerts about AB Sagax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AB Sagax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AB Sagax generated a negative expected return over the last 90 days | |
| AB Sagax has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| AB Sagax has accumulated 23.76 B in total debt with debt to equity ratio (D/E) of 95.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AB Sagax has a current ratio of 0.31, 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 AB Sagax until it has trouble settling it off, either with new capital or with free cash flow. So, AB Sagax'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 AB Sagax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SAGA-A to invest in growth at high rates of return. When we think about AB Sagax's use of debt, we should always consider it together with cash and equity. | |
| About 80.0% of AB Sagax outstanding shares are owned by corporate insiders |
Other Information on Investing in SAGA-A Stock
AB Sagax financial ratios help investors to determine whether SAGA-A 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 SAGA-A with respect to the benefits of owning AB Sagax security.