Shelf Drilling (Norway) Probability of Future Stock Price Finishing Under 24.7

SDNS Stock   21.00  8.00  27.59%   
Shelf Drilling's future price is the expected price of Shelf Drilling instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Shelf Drilling performance during a given time horizon utilizing its historical volatility. Check out Shelf Drilling Backtesting, Shelf Drilling Valuation, Shelf Drilling Correlation, Shelf Drilling Hype Analysis, Shelf Drilling Volatility, Shelf Drilling History as well as Shelf Drilling Performance.
  
Please specify Shelf Drilling's target price for which you would like Shelf Drilling odds to be computed.

Shelf Drilling Target Price Odds to finish below 24.7

The tendency of Shelf 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 PriceHorizonTarget PriceOdds to stay under  24.70  after 90 days
 21.00 90 days 24.70 
roughly 2.91
Based on a normal probability distribution, the odds of Shelf Drilling to stay under  24.70  after 90 days from now is roughly 2.91 (This Shelf Drilling probability density function shows the probability of Shelf Stock to fall within a particular range of prices over 90 days) . Probability of Shelf Drilling price to stay between its current price of  21.00  and  24.70  at the end of the 90-day period is roughly 2.94 .
Assuming the 90 days trading horizon Shelf Drilling has a beta of 0.6. This usually implies as returns on the market go up, Shelf Drilling average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shelf Drilling will be expected to be much smaller as well. Additionally Shelf Drilling 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.
   Shelf Drilling Price Density   
       Price  

Predictive Modules for Shelf Drilling

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shelf Drilling. 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.
Hype
Prediction
LowEstimatedHigh
16.8721.0025.13
Details
Intrinsic
Valuation
LowRealHigh
19.0723.2027.33
Details
Naive
Forecast
LowNextHigh
16.4120.5424.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.8828.4831.08
Details

Shelf Drilling Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Shelf Drilling is not an exception. The market had few large corrections towards the Shelf Drilling'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 Shelf Drilling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shelf Drilling within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.16
β
Beta against Dow Jones0.60
σ
Overall volatility
1.80
Ir
Information ratio -0.05

Shelf Drilling 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 Shelf Drilling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shelf Drilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Shelf Drilling generated a negative expected return over the last 90 days
Shelf Drilling has high historical volatility and very poor performance

Shelf Drilling Technical Analysis

Shelf Drilling's future price can be derived by breaking down and analyzing its technical indicators over time. Shelf Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shelf Drilling. In general, you should focus on analyzing Shelf Stock price patterns and their correlations with different microeconomic environments and drivers.

Shelf Drilling Predictive Forecast Models

Shelf Drilling's time-series forecasting models is one of many Shelf Drilling'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 Shelf Drilling'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 Shelf Drilling

Checking the ongoing alerts about Shelf Drilling for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shelf Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Shelf Drilling generated a negative expected return over the last 90 days
Shelf Drilling has high historical volatility and very poor performance

Other Information on Investing in Shelf Stock

Shelf Drilling financial ratios help investors to determine whether Shelf 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 Shelf with respect to the benefits of owning Shelf Drilling security.