Sparebanken Sor (Norway) Probability of Future Stock Price Finishing Under 186.32
| SOR Stock | NOK 189.50 0.16 0.08% |
Sparebanken |
Sparebanken Sor Target Price Odds to finish below 186.32
The tendency of Sparebanken 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 186.32 or more in 90 days |
| 189.50 | 90 days | 186.32 | about 74.38 |
Based on a normal probability distribution, the odds of Sparebanken Sor to drop to 186.32 or more in 90 days from now is about 74.38 (This Sparebanken Sor probability density function shows the probability of Sparebanken Stock to fall within a particular range of prices over 90 days) . Probability of Sparebanken Sor price to stay between 186.32 and its current price of 189.5 at the end of the 90-day period is about 11.71 .
Assuming the 90 days trading horizon Sparebanken Sor has a beta of 0.26. This usually implies as returns on the market go up, Sparebanken Sor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparebanken Sor will be expected to be much smaller as well. Additionally Sparebanken Sor has an alpha of 0.2474, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sparebanken Sor Price Density |
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Predictive Modules for Sparebanken Sor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparebanken Sor. 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.Sparebanken Sor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sparebanken Sor is not an exception. The market had few large corrections towards the Sparebanken Sor'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 Sparebanken Sor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sparebanken Sor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 7.35 | |
Ir | Information ratio | 0.07 |
Sparebanken Sor 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 Sparebanken Sor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sparebanken Sor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sparebanken Sor has high likelihood to experience some financial distress in the next 2 years | |
| Sparebanken Sor has accumulated about 1.02 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 65.07. | |
| Roughly 84.0% of the company outstanding shares are owned by corporate insiders |
Sparebanken Sor 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 Sparebanken Stock often depends not only on the future outlook of the current and potential Sparebanken Sor'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. Sparebanken Sor's 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 | 437 M |
Sparebanken Sor Technical Analysis
Sparebanken Sor's future price can be derived by breaking down and analyzing its technical indicators over time. Sparebanken Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sparebanken Sor. In general, you should focus on analyzing Sparebanken Stock price patterns and their correlations with different microeconomic environments and drivers.
Sparebanken Sor Predictive Forecast Models
Sparebanken Sor's time-series forecasting models is one of many Sparebanken Sor'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 Sparebanken Sor'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 Sparebanken Sor
Checking the ongoing alerts about Sparebanken Sor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sparebanken Sor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sparebanken Sor has high likelihood to experience some financial distress in the next 2 years | |
| Sparebanken Sor has accumulated about 1.02 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 65.07. | |
| Roughly 84.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sparebanken Stock
Sparebanken Sor financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Sor security.