Simris Alg (Sweden) Probability of Future Stock Price Finishing Under 0.08
| SIMRIS-B | SEK 0.08 0 4.42% |
Simris |
Simris Alg Target Price Odds to finish below 0.08
The tendency of Simris 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 stay under kr 0.08 after 90 days |
| 0.08 | 90 days | 0.08 | about 5.88 |
Based on a normal probability distribution, the odds of Simris Alg to stay under kr 0.08 after 90 days from now is about 5.88 (This Simris Alg AB probability density function shows the probability of Simris Stock to fall within a particular range of prices over 90 days) . Probability of Simris Alg AB price to stay between its current price of kr 0.08 and kr 0.08 at the end of the 90-day period is roughly 2.25 .
Assuming the 90 days trading horizon Simris Alg AB has a beta of -0.13. This usually implies as returns on the benchmark increase, returns on holding Simris Alg are expected to decrease at a much lower rate. During a bear market, however, Simris Alg AB is likely to outperform the market. Additionally Simris Alg 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. Simris Alg Price Density |
| Price |
Predictive Modules for Simris Alg
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Simris Alg 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.Simris Alg Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Simris Alg is not an exception. The market had few large corrections towards the Simris Alg'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 Simris Alg AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Simris Alg within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.07 |
Simris Alg 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 Simris Alg for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Simris Alg 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.| Simris Alg AB generated a negative expected return over the last 90 days | |
| Simris Alg AB has high historical volatility and very poor performance | |
| Simris Alg AB has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 6.14 M. Net Loss for the year was (28.36 M) with loss before overhead, payroll, taxes, and interest of (2.07 M). | |
| Simris Alg AB has accumulated about 3.58 M in cash with (18.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Simris Alg 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 Simris Stock often depends not only on the future outlook of the current and potential Simris Alg'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. Simris Alg's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 114.1 M | |
| Short Long Term Debt | 1.3 M | |
| Cash And Short Term Investments | 961 K |
Simris Alg Technical Analysis
Simris Alg's future price can be derived by breaking down and analyzing its technical indicators over time. Simris Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Simris Alg AB. In general, you should focus on analyzing Simris Stock price patterns and their correlations with different microeconomic environments and drivers.
Simris Alg Predictive Forecast Models
Simris Alg's time-series forecasting models is one of many Simris Alg'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 Simris Alg'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 Simris Alg AB
Checking the ongoing alerts about Simris Alg for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Simris Alg AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Simris Alg AB generated a negative expected return over the last 90 days | |
| Simris Alg AB has high historical volatility and very poor performance | |
| Simris Alg AB has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 6.14 M. Net Loss for the year was (28.36 M) with loss before overhead, payroll, taxes, and interest of (2.07 M). | |
| Simris Alg AB has accumulated about 3.58 M in cash with (18.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Simris Stock
Simris Alg financial ratios help investors to determine whether Simris 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 Simris with respect to the benefits of owning Simris Alg security.