Spectrumone Publ (Sweden) Probability of Future Stock Price Finishing Under 0.29
| SPEONE Stock | SEK 0.31 0.02 6.90% |
Spectrumone |
Spectrumone Publ Target Price Odds to finish below 0.29
The tendency of Spectrumone 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 kr 0.29 or more in 90 days |
| 0.31 | 90 days | 0.29 | about 1.29 |
Based on a normal probability distribution, the odds of Spectrumone Publ to drop to kr 0.29 or more in 90 days from now is about 1.29 (This Spectrumone publ AB probability density function shows the probability of Spectrumone Stock to fall within a particular range of prices over 90 days) . Probability of Spectrumone publ price to stay between kr 0.29 and its current price of kr0.31 at the end of the 90-day period is roughly 2.13 .
Assuming the 90 days trading horizon Spectrumone publ AB has a beta of -1.17. This usually implies as returns on its benchmark rise, returns on holding Spectrumone publ AB are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Spectrumone Publ is expected to outperform its benchmark. Additionally Spectrumone publ 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. Spectrumone Publ Price Density |
| Price |
Predictive Modules for Spectrumone Publ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spectrumone publ. 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.Spectrumone Publ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spectrumone Publ is not an exception. The market had few large corrections towards the Spectrumone Publ'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 Spectrumone publ AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spectrumone Publ within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | -1.17 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.11 |
Spectrumone Publ 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 Spectrumone Publ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spectrumone publ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spectrumone publ generated a negative expected return over the last 90 days | |
| Spectrumone publ has some characteristics of a very speculative penny stock | |
| Spectrumone publ has high historical volatility and very poor performance | |
| Spectrumone publ has high likelihood to experience some financial distress in the next 2 years | |
| Spectrumone publ AB has accumulated 239 K in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Spectrumone publ has a current ratio of 0.23, 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 Spectrumone Publ until it has trouble settling it off, either with new capital or with free cash flow. So, Spectrumone Publ'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 Spectrumone publ sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectrumone to invest in growth at high rates of return. When we think about Spectrumone Publ's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 60.8 M. Net Loss for the year was (154.09 M) with profit before overhead, payroll, taxes, and interest of 13.71 M. | |
| Spectrumone publ AB has accumulated about 30.91 M in cash with (32.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 33.0% of Spectrumone Publ outstanding shares are owned by corporate insiders |
Spectrumone Publ 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 Spectrumone Stock often depends not only on the future outlook of the current and potential Spectrumone Publ'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. Spectrumone Publ's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 489.8 M | |
| Cash And Short Term Investments | 14 M |
Spectrumone Publ Technical Analysis
Spectrumone Publ's future price can be derived by breaking down and analyzing its technical indicators over time. Spectrumone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spectrumone publ AB. In general, you should focus on analyzing Spectrumone Stock price patterns and their correlations with different microeconomic environments and drivers.
Spectrumone Publ Predictive Forecast Models
Spectrumone Publ's time-series forecasting models is one of many Spectrumone Publ'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 Spectrumone Publ'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 Spectrumone publ
Checking the ongoing alerts about Spectrumone Publ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spectrumone publ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spectrumone publ generated a negative expected return over the last 90 days | |
| Spectrumone publ has some characteristics of a very speculative penny stock | |
| Spectrumone publ has high historical volatility and very poor performance | |
| Spectrumone publ has high likelihood to experience some financial distress in the next 2 years | |
| Spectrumone publ AB has accumulated 239 K in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Spectrumone publ has a current ratio of 0.23, 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 Spectrumone Publ until it has trouble settling it off, either with new capital or with free cash flow. So, Spectrumone Publ'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 Spectrumone publ sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectrumone to invest in growth at high rates of return. When we think about Spectrumone Publ's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 60.8 M. Net Loss for the year was (154.09 M) with profit before overhead, payroll, taxes, and interest of 13.71 M. | |
| Spectrumone publ AB has accumulated about 30.91 M in cash with (32.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 33.0% of Spectrumone Publ outstanding shares are owned by corporate insiders |
Other Information on Investing in Spectrumone Stock
Spectrumone Publ financial ratios help investors to determine whether Spectrumone 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 Spectrumone with respect to the benefits of owning Spectrumone Publ security.