Spotify Technology Sa Stock Probability of Future Stock Price Finishing Under 368.43
| SPOT Stock | USD 476.61 4.77 0.99% |
Spotify |
Spotify Technology Target Price Odds to finish below 368.43
The tendency of Spotify 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 $ 368.43 or more in 90 days |
| 476.61 | 90 days | 368.43 | about 37.63 |
Based on a normal probability distribution, the odds of Spotify Technology to drop to $ 368.43 or more in 90 days from now is about 37.63 (This Spotify Technology SA probability density function shows the probability of Spotify Stock to fall within a particular range of prices over 90 days) . Probability of Spotify Technology price to stay between $ 368.43 and its current price of $476.61 at the end of the 90-day period is about 60.81 .
Given the investment horizon of 90 days Spotify Technology has a beta of 0.79. This usually implies as returns on the market go up, Spotify Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spotify Technology SA will be expected to be much smaller as well. Additionally Spotify Technology SA has an alpha of 0.4471, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Spotify Technology Price Density |
| Price |
Predictive Modules for Spotify Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spotify Technology. 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.Spotify Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spotify Technology is not an exception. The market had few large corrections towards the Spotify Technology'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 Spotify Technology SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spotify Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 43.27 | |
Ir | Information ratio | 0.20 |
Spotify Technology 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 Spotify Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spotify Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 13.25 B. Net Loss for the year was (532 M) with profit before overhead, payroll, taxes, and interest of 2.93 B. | |
| About 65.0% of the company shares are owned by institutional investors | |
| Latest headline from theverge.com: Drake says UMG and Spotify used bots and payola to make Not Like Us seem popular |
Spotify Technology 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 Spotify Stock often depends not only on the future outlook of the current and potential Spotify Technology'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. Spotify Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 194.7 M | |
| Cash And Short Term Investments | 4 B |
Spotify Technology Technical Analysis
Spotify Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Spotify Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spotify Technology SA. In general, you should focus on analyzing Spotify Stock price patterns and their correlations with different microeconomic environments and drivers.
Spotify Technology Predictive Forecast Models
Spotify Technology's time-series forecasting models is one of many Spotify Technology'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 Spotify Technology'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 Spotify Technology
Checking the ongoing alerts about Spotify Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spotify Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 13.25 B. Net Loss for the year was (532 M) with profit before overhead, payroll, taxes, and interest of 2.93 B. | |
| About 65.0% of the company shares are owned by institutional investors | |
| Latest headline from theverge.com: Drake says UMG and Spotify used bots and payola to make Not Like Us seem popular |
Additional Tools for Spotify Stock Analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.