SECITS Holding (Sweden) Probability of Future Stock Price Finishing Over 0.0194
| SECI Stock | SEK 0.02 0 17.09% |
SECITS |
SECITS Holding Target Price Odds to finish over 0.0194
The tendency of SECITS 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 above the current price in 90 days |
| 0.02 | 90 days | 0.02 | about 80.03 |
Based on a normal probability distribution, the odds of SECITS Holding to move above the current price in 90 days from now is about 80.03 (This SECITS Holding AB probability density function shows the probability of SECITS Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.23 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SECITS Holding will likely underperform. Additionally SECITS Holding AB 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. SECITS Holding Price Density |
| Price |
Predictive Modules for SECITS Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SECITS Holding 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.SECITS Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SECITS Holding is not an exception. The market had few large corrections towards the SECITS Holding'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 SECITS Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SECITS Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.03 |
SECITS Holding 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 SECITS Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SECITS Holding 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.| SECITS Holding AB generated a negative expected return over the last 90 days | |
| SECITS Holding AB has high historical volatility and very poor performance | |
| SECITS Holding AB has some characteristics of a very speculative penny stock | |
| SECITS Holding AB has high likelihood to experience some financial distress in the next 2 years | |
| SECITS Holding AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| SECITS Holding AB has accumulated 12.08 M in total debt with debt to equity ratio (D/E) of 88.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SECITS Holding AB has a current ratio of 0.93, 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 SECITS Holding until it has trouble settling it off, either with new capital or with free cash flow. So, SECITS Holding'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 SECITS Holding AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SECITS to invest in growth at high rates of return. When we think about SECITS Holding's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 72.76 M. Net Loss for the year was (24.16 M) with profit before overhead, payroll, taxes, and interest of 6.25 M. | |
| SECITS Holding AB has accumulated about 1.53 M in cash with (17.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 20.0% of SECITS Holding outstanding shares are owned by corporate insiders |
SECITS Holding 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 SECITS Stock often depends not only on the future outlook of the current and potential SECITS Holding'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. SECITS Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 1.5 M |
SECITS Holding Technical Analysis
SECITS Holding's future price can be derived by breaking down and analyzing its technical indicators over time. SECITS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SECITS Holding AB. In general, you should focus on analyzing SECITS Stock price patterns and their correlations with different microeconomic environments and drivers.
SECITS Holding Predictive Forecast Models
SECITS Holding's time-series forecasting models is one of many SECITS Holding'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 SECITS Holding'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 SECITS Holding AB
Checking the ongoing alerts about SECITS Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SECITS Holding AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SECITS Holding AB generated a negative expected return over the last 90 days | |
| SECITS Holding AB has high historical volatility and very poor performance | |
| SECITS Holding AB has some characteristics of a very speculative penny stock | |
| SECITS Holding AB has high likelihood to experience some financial distress in the next 2 years | |
| SECITS Holding AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| SECITS Holding AB has accumulated 12.08 M in total debt with debt to equity ratio (D/E) of 88.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SECITS Holding AB has a current ratio of 0.93, 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 SECITS Holding until it has trouble settling it off, either with new capital or with free cash flow. So, SECITS Holding'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 SECITS Holding AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SECITS to invest in growth at high rates of return. When we think about SECITS Holding's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 72.76 M. Net Loss for the year was (24.16 M) with profit before overhead, payroll, taxes, and interest of 6.25 M. | |
| SECITS Holding AB has accumulated about 1.53 M in cash with (17.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 20.0% of SECITS Holding outstanding shares are owned by corporate insiders |
Additional Tools for SECITS Stock Analysis
When running SECITS Holding's price analysis, check to measure SECITS Holding'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 SECITS Holding is operating at the current time. Most of SECITS Holding's value examination focuses on studying past and present price action to predict the probability of SECITS Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SECITS Holding's price. Additionally, you may evaluate how the addition of SECITS Holding to your portfolios can decrease your overall portfolio volatility.