Scandi Standard (Sweden) Probability of Future Stock Price Finishing Over 83.25
| SCST Stock | SEK 83.20 0.60 0.73% |
Scandi |
Scandi Standard Target Price Odds to finish over 83.25
The tendency of Scandi 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 83.25 or more in 90 days |
| 83.20 | 90 days | 83.25 | about 51.42 |
Based on a normal probability distribution, the odds of Scandi Standard to move over kr 83.25 or more in 90 days from now is about 51.42 (This Scandi Standard publ probability density function shows the probability of Scandi Stock to fall within a particular range of prices over 90 days) . Probability of Scandi Standard publ price to stay between its current price of kr 83.20 and kr 83.25 at the end of the 90-day period is about 1.02 .
Assuming the 90 days trading horizon Scandi Standard has a beta of 0.36. This usually implies as returns on the market go up, Scandi Standard average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scandi Standard publ will be expected to be much smaller as well. Additionally Scandi Standard publ 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. Scandi Standard Price Density |
| Price |
Predictive Modules for Scandi Standard
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scandi Standard publ. 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.Scandi Standard Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scandi Standard is not an exception. The market had few large corrections towards the Scandi Standard'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 Scandi Standard publ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scandi Standard within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.18 |
Scandi Standard 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 Scandi Standard for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scandi Standard publ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scandi Standard publ generated a negative expected return over the last 90 days | |
| Scandi Standard publ has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 45.0% of the company outstanding shares are owned by corporate insiders |
Scandi Standard 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 Scandi Stock often depends not only on the future outlook of the current and potential Scandi Standard'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. Scandi Standard's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.3 M | |
| Cash And Short Term Investments | 350 M |
Scandi Standard Technical Analysis
Scandi Standard's future price can be derived by breaking down and analyzing its technical indicators over time. Scandi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scandi Standard publ. In general, you should focus on analyzing Scandi Stock price patterns and their correlations with different microeconomic environments and drivers.
Scandi Standard Predictive Forecast Models
Scandi Standard's time-series forecasting models is one of many Scandi Standard'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 Scandi Standard'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 Scandi Standard publ
Checking the ongoing alerts about Scandi Standard for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scandi Standard publ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scandi Standard publ generated a negative expected return over the last 90 days | |
| Scandi Standard publ has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 45.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Scandi Stock Analysis
When running Scandi Standard's price analysis, check to measure Scandi Standard's 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 Scandi Standard is operating at the current time. Most of Scandi Standard's value examination focuses on studying past and present price action to predict the probability of Scandi Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandi Standard's price. Additionally, you may evaluate how the addition of Scandi Standard to your portfolios can decrease your overall portfolio volatility.