Shape Robotics (Denmark) Probability of Future Stock Price Finishing Under 15.95
| SHAPE Stock | DKK 20.00 2.00 9.09% |
Shape |
Shape Robotics Target Price Odds to finish below 15.95
The tendency of Shape 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 15.95 or more in 90 days |
| 20.00 | 90 days | 15.95 | roughly 2.52 |
Based on a normal probability distribution, the odds of Shape Robotics to drop to kr 15.95 or more in 90 days from now is roughly 2.52 (This Shape Robotics AS probability density function shows the probability of Shape Stock to fall within a particular range of prices over 90 days) . Probability of Shape Robotics AS price to stay between kr 15.95 and its current price of kr20.0 at the end of the 90-day period is about 33.46 .
Assuming the 90 days trading horizon Shape Robotics AS has a beta of -0.93. This usually implies Additionally Shape Robotics AS 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. Shape Robotics Price Density |
| Price |
Predictive Modules for Shape Robotics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shape Robotics AS. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shape Robotics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Shape Robotics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Shape Robotics is not an exception. The market had few large corrections towards the Shape Robotics' 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 Shape Robotics AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shape Robotics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.93 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | -0.05 |
Shape Robotics 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 Shape Robotics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shape Robotics AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Shape Robotics AS generated a negative expected return over the last 90 days | |
| Shape Robotics AS has high historical volatility and very poor performance | |
| Shape Robotics AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 18.23 M. Net Loss for the year was (16.32 M) with loss before overhead, payroll, taxes, and interest of (2.06 M). | |
| Shape Robotics AS has accumulated about 4.29 M in cash with (14.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
Shape Robotics 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 Shape Stock often depends not only on the future outlook of the current and potential Shape Robotics' 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. Shape Robotics' 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 | 2 M |
Shape Robotics Technical Analysis
Shape Robotics' future price can be derived by breaking down and analyzing its technical indicators over time. Shape Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shape Robotics AS. In general, you should focus on analyzing Shape Stock price patterns and their correlations with different microeconomic environments and drivers.
Shape Robotics Predictive Forecast Models
Shape Robotics' time-series forecasting models is one of many Shape Robotics' 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 Shape Robotics' 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 Shape Robotics AS
Checking the ongoing alerts about Shape Robotics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shape Robotics AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Shape Robotics AS generated a negative expected return over the last 90 days | |
| Shape Robotics AS has high historical volatility and very poor performance | |
| Shape Robotics AS has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 18.23 M. Net Loss for the year was (16.32 M) with loss before overhead, payroll, taxes, and interest of (2.06 M). | |
| Shape Robotics AS has accumulated about 4.29 M in cash with (14.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Shape Stock
Shape Robotics financial ratios help investors to determine whether Shape 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 Shape with respect to the benefits of owning Shape Robotics security.