Skel Fjrfestingaflag (Iceland) Probability of Future Stock Price Finishing Over 18.08
| SKEL Stock | ISK 16.50 0.35 2.17% |
Skel |
Skel Fjrfestingaflag Target Price Odds to finish over 18.08
The tendency of Skel 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 18.08 or more in 90 days |
| 16.50 | 90 days | 18.08 | about 17.85 |
Based on a normal probability distribution, the odds of Skel Fjrfestingaflag to move over 18.08 or more in 90 days from now is about 17.85 (This Skel fjrfestingaflag hf probability density function shows the probability of Skel Stock to fall within a particular range of prices over 90 days) . Probability of Skel fjrfestingaflag price to stay between its current price of 16.50 and 18.08 at the end of the 90-day period is about 69.8 .
Assuming the 90 days trading horizon Skel Fjrfestingaflag has a beta of 0.3. This usually implies as returns on the market go up, Skel Fjrfestingaflag average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Skel fjrfestingaflag hf will be expected to be much smaller as well. Additionally Skel fjrfestingaflag hf 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. Skel Fjrfestingaflag Price Density |
| Price |
Predictive Modules for Skel Fjrfestingaflag
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skel fjrfestingaflag. 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.Skel Fjrfestingaflag Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Skel Fjrfestingaflag is not an exception. The market had few large corrections towards the Skel Fjrfestingaflag'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 Skel fjrfestingaflag hf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Skel Fjrfestingaflag within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | -0.08 |
Skel Fjrfestingaflag 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 Skel Fjrfestingaflag for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Skel fjrfestingaflag can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Skel fjrfestingaflag has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Skel Fjrfestingaflag 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 Skel Stock often depends not only on the future outlook of the current and potential Skel Fjrfestingaflag'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. Skel Fjrfestingaflag's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 0.24 | |
| Float Shares | 1.87B | |
| Average Daily Volume Last 10 Day | 10.89M | |
| Average Daily Volume In Three Month | 8.11M | |
| Trailing Annual Dividend Yield | 2.92% |
Skel Fjrfestingaflag Technical Analysis
Skel Fjrfestingaflag's future price can be derived by breaking down and analyzing its technical indicators over time. Skel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Skel fjrfestingaflag hf. In general, you should focus on analyzing Skel Stock price patterns and their correlations with different microeconomic environments and drivers.
Skel Fjrfestingaflag Predictive Forecast Models
Skel Fjrfestingaflag's time-series forecasting models is one of many Skel Fjrfestingaflag'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 Skel Fjrfestingaflag'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 Skel fjrfestingaflag
Checking the ongoing alerts about Skel Fjrfestingaflag for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Skel fjrfestingaflag help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Skel fjrfestingaflag has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in Skel Stock
Skel Fjrfestingaflag financial ratios help investors to determine whether Skel 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 Skel with respect to the benefits of owning Skel Fjrfestingaflag security.