Stora Enso (Finland) Probability of Future Stock Price Finishing Over 11.61
| STEAV Stock | EUR 9.56 0.20 2.14% |
Stora |
Stora Enso Target Price Odds to finish over 11.61
The tendency of Stora 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 move over € 11.61 or more in 90 days |
| 9.56 | 90 days | 11.61 | about 15.2 |
Based on a normal probability distribution, the odds of Stora Enso to move over € 11.61 or more in 90 days from now is about 15.2 (This Stora Enso Oyj probability density function shows the probability of Stora Stock to fall within a particular range of prices over 90 days) . Probability of Stora Enso Oyj price to stay between its current price of € 9.56 and € 11.61 at the end of the 90-day period is about 81.35 .
Assuming the 90 days trading horizon Stora Enso has a beta of 0.15. This usually implies as returns on the market go up, Stora Enso average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Stora Enso Oyj will be expected to be much smaller as well. Additionally Stora Enso Oyj 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. Stora Enso Price Density |
| Price |
Predictive Modules for Stora Enso
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stora Enso Oyj. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stora Enso's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Stora Enso Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Stora Enso is not an exception. The market had few large corrections towards the Stora Enso'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 Stora Enso Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Stora Enso within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.19 |
Stora Enso 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 Stora Enso for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stora Enso Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Stora Enso Oyj generated a negative expected return over the last 90 days | |
| Stora Enso Oyj has accumulated €3.28 Billion in debt which can lead to volatile earnings | |
| About 52.0% of the company outstanding shares are owned by corporate insiders |
Stora Enso 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 Stora Stock often depends not only on the future outlook of the current and potential Stora Enso'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. Stora Enso's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 788.6 M |
Stora Enso Technical Analysis
Stora Enso's future price can be derived by breaking down and analyzing its technical indicators over time. Stora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stora Enso Oyj. In general, you should focus on analyzing Stora Stock price patterns and their correlations with different microeconomic environments and drivers.
Stora Enso Predictive Forecast Models
Stora Enso's time-series forecasting models is one of many Stora Enso'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 Stora Enso'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 Stora Enso Oyj
Checking the ongoing alerts about Stora Enso for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stora Enso Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Stora Enso Oyj generated a negative expected return over the last 90 days | |
| Stora Enso Oyj has accumulated €3.28 Billion in debt which can lead to volatile earnings | |
| About 52.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Stora Stock
Stora Enso financial ratios help investors to determine whether Stora 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 Stora with respect to the benefits of owning Stora Enso security.