Scandinavian Investment (Denmark) Probability of Future Stock Price Finishing Under 2.04
| SIG Stock | DKK 3.28 0.04 1.23% |
Scandinavian |
Scandinavian Investment Target Price Odds to finish below 2.04
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 2.04 or more in 90 days |
| 3.28 | 90 days | 2.04 | near 1 |
Based on a normal probability distribution, the odds of Scandinavian Investment to drop to kr 2.04 or more in 90 days from now is near 1 (This Scandinavian Investment Group probability density function shows the probability of Scandinavian Stock to fall within a particular range of prices over 90 days) . Probability of Scandinavian Investment price to stay between kr 2.04 and its current price of kr3.28 at the end of the 90-day period is about 67.74 .
Assuming the 90 days trading horizon Scandinavian Investment Group has a beta of -0.14. This usually implies as returns on the benchmark increase, returns on holding Scandinavian Investment are expected to decrease at a much lower rate. During a bear market, however, Scandinavian Investment Group is likely to outperform the market. Additionally Scandinavian Investment Group has an alpha of 0.015, implying that it can generate a 0.015 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Scandinavian Investment Price Density |
| Price |
Predictive Modules for Scandinavian Investment
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 Investment. 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 Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scandinavian Investment is not an exception. The market had few large corrections towards the Scandinavian Investment'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 Investment Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scandinavian Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
Scandinavian Investment 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 Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scandinavian Investment 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 Investment generated a negative expected return over the last 90 days | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Scandinavian Investment 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 Investment'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 Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.6 M |
Scandinavian Investment Technical Analysis
Scandinavian Investment'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 Investment Group. In general, you should focus on analyzing Scandinavian Stock price patterns and their correlations with different microeconomic environments and drivers.
Scandinavian Investment Predictive Forecast Models
Scandinavian Investment's time-series forecasting models is one of many Scandinavian Investment'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 Investment'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 Investment
Checking the ongoing alerts about Scandinavian Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scandinavian Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scandinavian Investment generated a negative expected return over the last 90 days | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Scandinavian Stock
Scandinavian Investment financial ratios help investors to determine whether Scandinavian 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 Scandinavian with respect to the benefits of owning Scandinavian Investment security.