Smart Eye (Sweden) Probability of Future Stock Price Finishing Over 58.20
| SEYE Stock | SEK 58.20 1.10 1.93% |
Smart |
Smart Eye Target Price Odds to finish over 58.20
The tendency of Smart 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 |
| 58.20 | 90 days | 58.20 | about 89.66 |
Based on a normal probability distribution, the odds of Smart Eye to move above the current price in 90 days from now is about 89.66 (This Smart Eye AB probability density function shows the probability of Smart Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Smart Eye AB has a beta of -0.18. This usually implies as returns on the benchmark increase, returns on holding Smart Eye are expected to decrease at a much lower rate. During a bear market, however, Smart Eye AB is likely to outperform the market. Additionally Smart Eye 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. Smart Eye Price Density |
| Price |
Predictive Modules for Smart Eye
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Smart Eye 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.Smart Eye Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Smart Eye is not an exception. The market had few large corrections towards the Smart Eye'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 Smart Eye AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Smart Eye within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 8.49 | |
Ir | Information ratio | -0.24 |
Smart Eye 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 Smart Eye for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Smart Eye 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.| Smart Eye AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 109.68 M. Net Loss for the year was (132.71 M) with profit before overhead, payroll, taxes, and interest of 97.25 M. | |
| Smart Eye AB has accumulated about 65.6 M in cash with (102.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.99. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Smart Eye 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 Smart Stock often depends not only on the future outlook of the current and potential Smart Eye'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. Smart Eye's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.7 M | |
| Cash And Short Term Investments | 278.4 M |
Smart Eye Technical Analysis
Smart Eye's future price can be derived by breaking down and analyzing its technical indicators over time. Smart Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Smart Eye AB. In general, you should focus on analyzing Smart Stock price patterns and their correlations with different microeconomic environments and drivers.
Smart Eye Predictive Forecast Models
Smart Eye's time-series forecasting models is one of many Smart Eye'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 Smart Eye'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 Smart Eye AB
Checking the ongoing alerts about Smart Eye for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Smart Eye AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Smart Eye AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 109.68 M. Net Loss for the year was (132.71 M) with profit before overhead, payroll, taxes, and interest of 97.25 M. | |
| Smart Eye AB has accumulated about 65.6 M in cash with (102.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.99. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Smart Stock Analysis
When running Smart Eye's price analysis, check to measure Smart Eye'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 Smart Eye is operating at the current time. Most of Smart Eye's value examination focuses on studying past and present price action to predict the probability of Smart Eye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Eye's price. Additionally, you may evaluate how the addition of Smart Eye to your portfolios can decrease your overall portfolio volatility.