Solar AS (Denmark) Odds of Future Stock Price Finishing Under 315.70
| SOLAR-B Stock | DKK 303.00 4.50 1.46% |
Solar |
Solar AS Target Price Odds to finish below 315.70
The tendency of Solar 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 315.70 after 90 days |
| 303.00 | 90 days | 315.70 | about 35.0 |
Based on a normal probability distribution, the odds of Solar AS to stay under kr 315.70 after 90 days from now is about 35.0 (This Solar AS probability density function shows the probability of Solar Stock to fall within a particular range of prices over 90 days) . Probability of Solar AS price to stay between its current price of kr 303.00 and kr 315.70 at the end of the 90-day period is about 20.1 .
Assuming the 90 days trading horizon Solar AS has a beta of 0.31. This usually implies as returns on the market go up, Solar AS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solar AS will be expected to be much smaller as well. Additionally Solar 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. Solar AS Price Density |
| Price |
Predictive Modules for Solar AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solar 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.Solar AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solar AS is not an exception. The market had few large corrections towards the Solar AS'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 Solar AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solar AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 19.47 | |
Ir | Information ratio | -0.17 |
Solar AS 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 Solar AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solar 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.| Solar AS generated a negative expected return over the last 90 days | |
| Solar AS has accumulated kr293 Million in debt which can lead to volatile earnings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
Solar AS 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 Solar Stock often depends not only on the future outlook of the current and potential Solar AS'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. Solar AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.3 M | |
| Dividends Paid | 658 M | |
| Short Long Term Debt | 556 M |
Solar AS Technical Analysis
Solar AS's future price can be derived by breaking down and analyzing its technical indicators over time. Solar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solar AS. In general, you should focus on analyzing Solar Stock price patterns and their correlations with different microeconomic environments and drivers.
Solar AS Predictive Forecast Models
Solar AS's time-series forecasting models is one of many Solar AS'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 Solar AS'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 Solar AS
Checking the ongoing alerts about Solar AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solar AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solar AS generated a negative expected return over the last 90 days | |
| Solar AS has accumulated kr293 Million in debt which can lead to volatile earnings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Solar Stock
Solar AS financial ratios help investors to determine whether Solar 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 Solar with respect to the benefits of owning Solar AS security.