Saniona AB (Sweden) Probability of Future Stock Price Finishing Over 3.26
| SANION Stock | SEK 3.10 0.14 4.73% |
Saniona |
Saniona AB Target Price Odds to finish over 3.26
The tendency of Saniona 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 over kr 3.26 or more in 90 days |
| 3.10 | 90 days | 3.26 | about 88.6 |
Based on a normal probability distribution, the odds of Saniona AB to move over kr 3.26 or more in 90 days from now is about 88.6 (This Saniona AB probability density function shows the probability of Saniona Stock to fall within a particular range of prices over 90 days) . Probability of Saniona AB price to stay between its current price of kr 3.10 and kr 3.26 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Saniona AB has a beta of -3.11. This usually implies as returns on its benchmark rise, returns on holding Saniona AB are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Saniona AB is expected to outperform its benchmark. Additionally Saniona AB has an alpha of 0.1555, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Saniona AB Price Density |
| Price |
Predictive Modules for Saniona AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saniona AB. 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.Saniona AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saniona AB is not an exception. The market had few large corrections towards the Saniona AB'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 Saniona AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saniona AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -3.11 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.04 |
Saniona AB 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 Saniona AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saniona AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Saniona AB generated a negative expected return over the last 90 days | |
| Saniona AB has high historical volatility and very poor performance | |
| The company reported the revenue of 10.48 M. Net Loss for the year was (410.9 M) with profit before overhead, payroll, taxes, and interest of 5.85 M. | |
| Saniona AB has accumulated about 356.86 M in cash with (345.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.96. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
Saniona AB 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 Saniona Stock often depends not only on the future outlook of the current and potential Saniona AB'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. Saniona AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62.4 M | |
| Cash And Short Term Investments | 356.9 M |
Saniona AB Technical Analysis
Saniona AB's future price can be derived by breaking down and analyzing its technical indicators over time. Saniona Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saniona AB. In general, you should focus on analyzing Saniona Stock price patterns and their correlations with different microeconomic environments and drivers.
Saniona AB Predictive Forecast Models
Saniona AB's time-series forecasting models is one of many Saniona AB'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 Saniona AB'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 Saniona AB
Checking the ongoing alerts about Saniona AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saniona AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Saniona AB generated a negative expected return over the last 90 days | |
| Saniona AB has high historical volatility and very poor performance | |
| The company reported the revenue of 10.48 M. Net Loss for the year was (410.9 M) with profit before overhead, payroll, taxes, and interest of 5.85 M. | |
| Saniona AB has accumulated about 356.86 M in cash with (345.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.96. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Saniona Stock
Saniona AB financial ratios help investors to determine whether Saniona 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 Saniona with respect to the benefits of owning Saniona AB security.