Sparekassen Sjaelland (Denmark) Probability of Future Stock Price Finishing Under 207.75
| SPKSJF Stock | DKK 211.50 1.50 0.71% |
Sparekassen |
Sparekassen Sjaelland Target Price Odds to finish below 207.75
The tendency of Sparekassen 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 207.75 or more in 90 days |
| 211.50 | 90 days | 207.75 | about 19.63 |
Based on a normal probability distribution, the odds of Sparekassen Sjaelland to drop to kr 207.75 or more in 90 days from now is about 19.63 (This Sparekassen Sjaelland Fyn AS probability density function shows the probability of Sparekassen Stock to fall within a particular range of prices over 90 days) . Probability of Sparekassen Sjaelland price to stay between kr 207.75 and its current price of kr211.5 at the end of the 90-day period is about 43.81 .
Assuming the 90 days trading horizon Sparekassen Sjaelland has a beta of 0.14. This usually implies as returns on the market go up, Sparekassen Sjaelland average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparekassen Sjaelland Fyn AS will be expected to be much smaller as well. Additionally Sparekassen Sjaelland Fyn 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. Sparekassen Sjaelland Price Density |
| Price |
Predictive Modules for Sparekassen Sjaelland
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparekassen Sjaelland. 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.Sparekassen Sjaelland Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sparekassen Sjaelland is not an exception. The market had few large corrections towards the Sparekassen Sjaelland'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 Sparekassen Sjaelland Fyn AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sparekassen Sjaelland within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 3.14 | |
Ir | Information ratio | -0.19 |
Sparekassen Sjaelland 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 Sparekassen Sjaelland for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sparekassen Sjaelland can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sparekassen Sjaelland generated a negative expected return over the last 90 days | |
| Sparekassen Sjaelland Fyn AS has accumulated about 2.6 B in cash with (1.24 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 149.54. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
Sparekassen Sjaelland 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 Sparekassen Stock often depends not only on the future outlook of the current and potential Sparekassen Sjaelland'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. Sparekassen Sjaelland's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.2 M | |
| Cash And Short Term Investments | 4 B |
Sparekassen Sjaelland Technical Analysis
Sparekassen Sjaelland's future price can be derived by breaking down and analyzing its technical indicators over time. Sparekassen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sparekassen Sjaelland Fyn AS. In general, you should focus on analyzing Sparekassen Stock price patterns and their correlations with different microeconomic environments and drivers.
Sparekassen Sjaelland Predictive Forecast Models
Sparekassen Sjaelland's time-series forecasting models is one of many Sparekassen Sjaelland'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 Sparekassen Sjaelland'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 Sparekassen Sjaelland
Checking the ongoing alerts about Sparekassen Sjaelland for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sparekassen Sjaelland help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sparekassen Sjaelland generated a negative expected return over the last 90 days | |
| Sparekassen Sjaelland Fyn AS has accumulated about 2.6 B in cash with (1.24 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 149.54. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sparekassen Stock
Sparekassen Sjaelland financial ratios help investors to determine whether Sparekassen 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 Sparekassen with respect to the benefits of owning Sparekassen Sjaelland security.