Suominen Oyj (Finland) Probability of Future Stock Price Finishing Over 8.37
| SUY1V Stock | EUR 2.07 0.08 3.72% |
Suominen |
Suominen Oyj Target Price Odds to finish over 8.37
The tendency of Suominen 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 € 8.37 or more in 90 days |
| 2.07 | 90 days | 8.37 | close to zero percent |
Based on a normal probability distribution, the odds of Suominen Oyj to move over € 8.37 or more in 90 days from now is close to zero percent (This Suominen Oyj probability density function shows the probability of Suominen Stock to fall within a particular range of prices over 90 days) . Probability of Suominen Oyj price to stay between its current price of € 2.07 and € 8.37 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Suominen Oyj has a beta of -0.0209. This usually implies as returns on the benchmark increase, returns on holding Suominen Oyj are expected to decrease at a much lower rate. During a bear market, however, Suominen Oyj is likely to outperform the market. Additionally Suominen 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. Suominen Oyj Price Density |
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Predictive Modules for Suominen Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Suominen 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 Suominen Oyj'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.
Suominen Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Suominen Oyj is not an exception. The market had few large corrections towards the Suominen Oyj'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 Suominen Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Suominen Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.19 |
Suominen Oyj 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 Suominen Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Suominen 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.| Suominen Oyj generated a negative expected return over the last 90 days | |
| Suominen Oyj has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 493.3 M. Net Loss for the year was (13.86 M) with profit before overhead, payroll, taxes, and interest of 18.58 M. | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Suominen Oyj 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 Suominen Stock often depends not only on the future outlook of the current and potential Suominen Oyj'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. Suominen Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.5 M |
Suominen Oyj Technical Analysis
Suominen Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Suominen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Suominen Oyj. In general, you should focus on analyzing Suominen Stock price patterns and their correlations with different microeconomic environments and drivers.
Suominen Oyj Predictive Forecast Models
Suominen Oyj's time-series forecasting models is one of many Suominen Oyj'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 Suominen Oyj'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 Suominen Oyj
Checking the ongoing alerts about Suominen Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Suominen Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Suominen Oyj generated a negative expected return over the last 90 days | |
| Suominen Oyj has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 493.3 M. Net Loss for the year was (13.86 M) with profit before overhead, payroll, taxes, and interest of 18.58 M. | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Suominen Stock
Suominen Oyj financial ratios help investors to determine whether Suominen 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 Suominen with respect to the benefits of owning Suominen Oyj security.