Sedana Medical (Sweden) Probability of Future Stock Price Finishing Under 14.13
| SEDANA Stock | SEK 11.96 0.30 2.45% |
Sedana |
Sedana Medical Target Price Odds to finish below 14.13
The tendency of Sedana 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 stay under kr 14.13 after 90 days |
| 11.96 | 90 days | 14.13 | about 14.54 |
Based on a normal probability distribution, the odds of Sedana Medical to stay under kr 14.13 after 90 days from now is about 14.54 (This Sedana Medical AB probability density function shows the probability of Sedana Stock to fall within a particular range of prices over 90 days) . Probability of Sedana Medical AB price to stay between its current price of kr 11.96 and kr 14.13 at the end of the 90-day period is about 7.59 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.76 . 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, Sedana Medical will likely underperform. Additionally Sedana Medical 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. Sedana Medical Price Density |
| Price |
Predictive Modules for Sedana Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sedana Medical 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.Sedana Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sedana Medical is not an exception. The market had few large corrections towards the Sedana Medical'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 Sedana Medical AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sedana Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.05 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 5.14 | |
Ir | Information ratio | -0.19 |
Sedana Medical 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 Sedana Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sedana Medical 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.| Sedana Medical AB generated a negative expected return over the last 90 days | |
| Sedana Medical AB has high historical volatility and very poor performance | |
| Sedana Medical AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 159.15 M. Net Loss for the year was (57.97 M) with profit before overhead, payroll, taxes, and interest of 106.71 M. | |
| Sedana Medical AB has accumulated about 836.18 M in cash with (41.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders |
Sedana Medical 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 Sedana Stock often depends not only on the future outlook of the current and potential Sedana Medical'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. Sedana Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 93 M | |
| Cash And Short Term Investments | 836.2 M |
Sedana Medical Technical Analysis
Sedana Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Sedana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sedana Medical AB. In general, you should focus on analyzing Sedana Stock price patterns and their correlations with different microeconomic environments and drivers.
Sedana Medical Predictive Forecast Models
Sedana Medical's time-series forecasting models is one of many Sedana Medical'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 Sedana Medical'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 Sedana Medical AB
Checking the ongoing alerts about Sedana Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sedana Medical AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sedana Medical AB generated a negative expected return over the last 90 days | |
| Sedana Medical AB has high historical volatility and very poor performance | |
| Sedana Medical AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 159.15 M. Net Loss for the year was (57.97 M) with profit before overhead, payroll, taxes, and interest of 106.71 M. | |
| Sedana Medical AB has accumulated about 836.18 M in cash with (41.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sedana Stock
Sedana Medical financial ratios help investors to determine whether Sedana 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 Sedana with respect to the benefits of owning Sedana Medical security.