Solstad Offshore (Germany) Probability of Future Stock Price Finishing Over 2.82
| SZL Stock | 2.82 0.05 1.81% |
Solstad |
Solstad Offshore Target Price Odds to finish over 2.82
The tendency of Solstad 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 above the current price in 90 days |
| 2.82 | 90 days | 2.82 | about 48.1 |
Based on a normal probability distribution, the odds of Solstad Offshore to move above the current price in 90 days from now is about 48.1 (This Solstad Offshore ASA probability density function shows the probability of Solstad Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Solstad Offshore has a beta of 0.0784. This usually implies as returns on the market go up, Solstad Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solstad Offshore ASA will be expected to be much smaller as well. Additionally Solstad Offshore ASA 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. Solstad Offshore Price Density |
| Price |
Predictive Modules for Solstad Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solstad Offshore ASA. 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 Solstad Offshore'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.
Solstad Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solstad Offshore is not an exception. The market had few large corrections towards the Solstad Offshore'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 Solstad Offshore ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solstad Offshore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.15 |
Solstad Offshore 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 Solstad Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solstad Offshore ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solstad Offshore ASA generated a negative expected return over the last 90 days | |
| Solstad Offshore ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 5.13 B. Net Loss for the year was (1.1 B) with profit before overhead, payroll, taxes, and interest of 2.36 B. | |
| About 46.0% of the company outstanding shares are owned by corporate insiders |
Solstad Offshore 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 Solstad Stock often depends not only on the future outlook of the current and potential Solstad Offshore'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. Solstad Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.6 M |
Solstad Offshore Technical Analysis
Solstad Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. Solstad Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solstad Offshore ASA. In general, you should focus on analyzing Solstad Stock price patterns and their correlations with different microeconomic environments and drivers.
Solstad Offshore Predictive Forecast Models
Solstad Offshore's time-series forecasting models is one of many Solstad Offshore'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 Solstad Offshore'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 Solstad Offshore ASA
Checking the ongoing alerts about Solstad Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solstad Offshore ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solstad Offshore ASA generated a negative expected return over the last 90 days | |
| Solstad Offshore ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 5.13 B. Net Loss for the year was (1.1 B) with profit before overhead, payroll, taxes, and interest of 2.36 B. | |
| About 46.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Solstad Stock Analysis
When running Solstad Offshore's price analysis, check to measure Solstad Offshore'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 Solstad Offshore is operating at the current time. Most of Solstad Offshore's value examination focuses on studying past and present price action to predict the probability of Solstad Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solstad Offshore's price. Additionally, you may evaluate how the addition of Solstad Offshore to your portfolios can decrease your overall portfolio volatility.