Scandinavian Enviro (Sweden) Probability of Future Stock Price Finishing Under 0.14
| SES Stock | SEK 1.91 0.02 1.06% |
Scandinavian |
Scandinavian Enviro Target Price Odds to finish below 0.14
The tendency of Scandinavian 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 kr 0.14 or more in 90 days |
| 1.91 | 90 days | 0.14 | near 1 |
Based on a normal probability distribution, the odds of Scandinavian Enviro to drop to kr 0.14 or more in 90 days from now is near 1 (This Scandinavian Enviro Systems probability density function shows the probability of Scandinavian Stock to fall within a particular range of prices over 90 days) . Probability of Scandinavian Enviro price to stay between kr 0.14 and its current price of kr1.91 at the end of the 90-day period is about 10.54 .
Assuming the 90 days trading horizon Scandinavian Enviro Systems has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding Scandinavian Enviro are expected to decrease at a much lower rate. During a bear market, however, Scandinavian Enviro Systems is likely to outperform the market. Additionally Scandinavian Enviro Systems 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. Scandinavian Enviro Price Density |
| Price |
Predictive Modules for Scandinavian Enviro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scandinavian Enviro. 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.Scandinavian Enviro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scandinavian Enviro is not an exception. The market had few large corrections towards the Scandinavian Enviro'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 Scandinavian Enviro Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scandinavian Enviro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.26 |
Scandinavian Enviro 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 Scandinavian Enviro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scandinavian Enviro can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scandinavian Enviro generated a negative expected return over the last 90 days | |
| Scandinavian Enviro may become a speculative penny stock | |
| The company reported the revenue of 1.06 M. Net Loss for the year was (39.62 M) with loss before overhead, payroll, taxes, and interest of (13.18 M). | |
| Scandinavian Enviro Systems has accumulated about 48.06 M in cash with (26.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. |
Scandinavian Enviro 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 Scandinavian Stock often depends not only on the future outlook of the current and potential Scandinavian Enviro'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. Scandinavian Enviro's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 282.41M | |
| Average Daily Volume Last 10 Day | 1.22M | |
| Average Daily Volume In Three Month | 1.9M |
Scandinavian Enviro Technical Analysis
Scandinavian Enviro's future price can be derived by breaking down and analyzing its technical indicators over time. Scandinavian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scandinavian Enviro Systems. In general, you should focus on analyzing Scandinavian Stock price patterns and their correlations with different microeconomic environments and drivers.
Scandinavian Enviro Predictive Forecast Models
Scandinavian Enviro's time-series forecasting models is one of many Scandinavian Enviro'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 Scandinavian Enviro'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 Scandinavian Enviro
Checking the ongoing alerts about Scandinavian Enviro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scandinavian Enviro help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scandinavian Enviro generated a negative expected return over the last 90 days | |
| Scandinavian Enviro may become a speculative penny stock | |
| The company reported the revenue of 1.06 M. Net Loss for the year was (39.62 M) with loss before overhead, payroll, taxes, and interest of (13.18 M). | |
| Scandinavian Enviro Systems has accumulated about 48.06 M in cash with (26.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. |
Additional Tools for Scandinavian Stock Analysis
When running Scandinavian Enviro's price analysis, check to measure Scandinavian Enviro'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 Scandinavian Enviro is operating at the current time. Most of Scandinavian Enviro's value examination focuses on studying past and present price action to predict the probability of Scandinavian Enviro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandinavian Enviro's price. Additionally, you may evaluate how the addition of Scandinavian Enviro to your portfolios can decrease your overall portfolio volatility.