Safello Group (Sweden) Probability of Future Stock Price Finishing Over 20.96
| SFL Stock | 5.94 0.46 7.19% |
Safello |
Safello Group Target Price Odds to finish over 20.96
The tendency of Safello 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 over 20.96 or more in 90 days |
| 5.94 | 90 days | 20.96 | close to zero percent |
Based on a normal probability distribution, the odds of Safello Group to move over 20.96 or more in 90 days from now is close to zero percent (This Safello Group AB probability density function shows the probability of Safello Stock to fall within a particular range of prices over 90 days) . Probability of Safello Group AB price to stay between its current price of 5.94 and 20.96 at the end of the 90-day period is about 11.41 .
Assuming the 90 days trading horizon Safello Group has a beta of 0.0405. This usually implies as returns on the market go up, Safello Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Safello Group AB will be expected to be much smaller as well. Additionally Safello Group AB has an alpha of 0.8632, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Safello Group Price Density |
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Predictive Modules for Safello Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Safello Group 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.Safello Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Safello Group is not an exception. The market had few large corrections towards the Safello Group'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 Safello Group AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Safello Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | 0.13 |
Safello Group 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 Safello Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Safello Group 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.| Safello Group AB is way too risky over 90 days horizon | |
| Safello Group AB appears to be risky and price may revert if volatility continues |
Safello Group Technical Analysis
Safello Group's future price can be derived by breaking down and analyzing its technical indicators over time. Safello Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Safello Group AB. In general, you should focus on analyzing Safello Stock price patterns and their correlations with different microeconomic environments and drivers.
Safello Group Predictive Forecast Models
Safello Group's time-series forecasting models is one of many Safello Group'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 Safello Group'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 Safello Group AB
Checking the ongoing alerts about Safello Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Safello Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Safello Group AB is way too risky over 90 days horizon | |
| Safello Group AB appears to be risky and price may revert if volatility continues |
Additional Tools for Safello Stock Analysis
When running Safello Group's price analysis, check to measure Safello Group'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 Safello Group is operating at the current time. Most of Safello Group's value examination focuses on studying past and present price action to predict the probability of Safello Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safello Group's price. Additionally, you may evaluate how the addition of Safello Group to your portfolios can decrease your overall portfolio volatility.