Selvaag Bolig (Norway) Probability of Future Stock Price Finishing Under 33.15
| SBO Stock | NOK 33.80 0.70 2.11% |
Selvaag |
Selvaag Bolig Target Price Odds to finish below 33.15
The tendency of Selvaag 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 33.15 or more in 90 days |
| 33.80 | 90 days | 33.15 | about 25.9 |
Based on a normal probability distribution, the odds of Selvaag Bolig to drop to 33.15 or more in 90 days from now is about 25.9 (This Selvaag Bolig ASA probability density function shows the probability of Selvaag Stock to fall within a particular range of prices over 90 days) . Probability of Selvaag Bolig ASA price to stay between 33.15 and its current price of 33.8 at the end of the 90-day period is about 17.88 .
Assuming the 90 days trading horizon Selvaag Bolig ASA has a beta of -0.17. This usually implies as returns on the benchmark increase, returns on holding Selvaag Bolig are expected to decrease at a much lower rate. During a bear market, however, Selvaag Bolig ASA is likely to outperform the market. Additionally Selvaag Bolig 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. Selvaag Bolig Price Density |
| Price |
Predictive Modules for Selvaag Bolig
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Selvaag Bolig 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.Selvaag Bolig Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Selvaag Bolig is not an exception. The market had few large corrections towards the Selvaag Bolig'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 Selvaag Bolig ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Selvaag Bolig within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | -0.14 |
Selvaag Bolig 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 Selvaag Bolig for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Selvaag Bolig 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.| Selvaag Bolig ASA generated a negative expected return over the last 90 days | |
| Selvaag Bolig ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 62.0% of the company outstanding shares are owned by corporate insiders |
Selvaag Bolig 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 Selvaag Stock often depends not only on the future outlook of the current and potential Selvaag Bolig'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. Selvaag Bolig's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 93.5 M | |
| Cash And Short Term Investments | 526.7 M |
Selvaag Bolig Technical Analysis
Selvaag Bolig's future price can be derived by breaking down and analyzing its technical indicators over time. Selvaag Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Selvaag Bolig ASA. In general, you should focus on analyzing Selvaag Stock price patterns and their correlations with different microeconomic environments and drivers.
Selvaag Bolig Predictive Forecast Models
Selvaag Bolig's time-series forecasting models is one of many Selvaag Bolig'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 Selvaag Bolig'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 Selvaag Bolig ASA
Checking the ongoing alerts about Selvaag Bolig for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Selvaag Bolig ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Selvaag Bolig ASA generated a negative expected return over the last 90 days | |
| Selvaag Bolig ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 62.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Selvaag Stock
Selvaag Bolig financial ratios help investors to determine whether Selvaag 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 Selvaag with respect to the benefits of owning Selvaag Bolig security.