Sotkamo Silver (Finland) Probability of Future Stock Price Finishing Under 0.13
| SOSI1 Stock | EUR 0.09 0 4.20% |
Sotkamo |
Sotkamo Silver Target Price Odds to finish below 0.13
The tendency of Sotkamo 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 € 0.13 after 90 days |
| 0.09 | 90 days | 0.13 | close to 99 |
Based on a normal probability distribution, the odds of Sotkamo Silver to stay under € 0.13 after 90 days from now is close to 99 (This Sotkamo Silver AB probability density function shows the probability of Sotkamo Stock to fall within a particular range of prices over 90 days) . Probability of Sotkamo Silver AB price to stay between its current price of € 0.09 and € 0.13 at the end of the 90-day period is about 43.38 .
Assuming the 90 days trading horizon Sotkamo Silver AB has a beta of -0.73. This usually implies as returns on the benchmark increase, returns on holding Sotkamo Silver are expected to decrease at a much lower rate. During a bear market, however, Sotkamo Silver AB is likely to outperform the market. Additionally Sotkamo Silver AB has an alpha of 0.3558, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sotkamo Silver Price Density |
| Price |
Predictive Modules for Sotkamo Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sotkamo Silver 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.Sotkamo Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sotkamo Silver is not an exception. The market had few large corrections towards the Sotkamo Silver'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 Sotkamo Silver AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sotkamo Silver within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
Sotkamo Silver 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 Sotkamo Silver for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sotkamo Silver 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.| Sotkamo Silver AB has some characteristics of a very speculative penny stock | |
| Sotkamo Silver AB had very high historical volatility over the last 90 days | |
| Sotkamo Silver AB has accumulated 53.6 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Sotkamo Silver AB has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sotkamo Silver until it has trouble settling it off, either with new capital or with free cash flow. So, Sotkamo Silver's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sotkamo Silver AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sotkamo to invest in growth at high rates of return. When we think about Sotkamo Silver's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 386.8 M. Net Loss for the year was (17.5 M) with profit before overhead, payroll, taxes, and interest of 184.9 M. | |
| About 16.0% of Sotkamo Silver outstanding shares are owned by corporate insiders |
Sotkamo Silver 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 Sotkamo Stock often depends not only on the future outlook of the current and potential Sotkamo Silver'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. Sotkamo Silver's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200.4 M |
Sotkamo Silver Technical Analysis
Sotkamo Silver's future price can be derived by breaking down and analyzing its technical indicators over time. Sotkamo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sotkamo Silver AB. In general, you should focus on analyzing Sotkamo Stock price patterns and their correlations with different microeconomic environments and drivers.
Sotkamo Silver Predictive Forecast Models
Sotkamo Silver's time-series forecasting models is one of many Sotkamo Silver'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 Sotkamo Silver'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 Sotkamo Silver AB
Checking the ongoing alerts about Sotkamo Silver for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sotkamo Silver AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sotkamo Silver AB has some characteristics of a very speculative penny stock | |
| Sotkamo Silver AB had very high historical volatility over the last 90 days | |
| Sotkamo Silver AB has accumulated 53.6 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Sotkamo Silver AB has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sotkamo Silver until it has trouble settling it off, either with new capital or with free cash flow. So, Sotkamo Silver's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sotkamo Silver AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sotkamo to invest in growth at high rates of return. When we think about Sotkamo Silver's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 386.8 M. Net Loss for the year was (17.5 M) with profit before overhead, payroll, taxes, and interest of 184.9 M. | |
| About 16.0% of Sotkamo Silver outstanding shares are owned by corporate insiders |
Other Information on Investing in Sotkamo Stock
Sotkamo Silver financial ratios help investors to determine whether Sotkamo 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 Sotkamo with respect to the benefits of owning Sotkamo Silver security.