Totens Sparebank (Norway) Probability of Future Stock Price Finishing Under 260.72
| TOTG Stock | NOK 290.00 0.00 0.00% |
Totens |
Totens Sparebank Target Price Odds to finish below 260.72
The tendency of Totens 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 260.72 or more in 90 days |
| 290.00 | 90 days | 260.72 | about 32.1 |
Based on a normal probability distribution, the odds of Totens Sparebank to drop to 260.72 or more in 90 days from now is about 32.1 (This Totens Sparebank probability density function shows the probability of Totens Stock to fall within a particular range of prices over 90 days) . Probability of Totens Sparebank price to stay between 260.72 and its current price of 290.0 at the end of the 90-day period is about 67.17 .
Assuming the 90 days trading horizon Totens Sparebank has a beta of 0.15. This usually implies as returns on the market go up, Totens Sparebank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Totens Sparebank will be expected to be much smaller as well. Additionally Totens Sparebank has an alpha of 0.1925, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Totens Sparebank Price Density |
| Price |
Predictive Modules for Totens Sparebank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Totens Sparebank. 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.Totens Sparebank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Totens Sparebank is not an exception. The market had few large corrections towards the Totens Sparebank'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 Totens Sparebank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Totens Sparebank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 9.54 | |
Ir | Information ratio | 0.06 |
Totens Sparebank 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 Totens Sparebank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Totens Sparebank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Totens Sparebank is not yet fully synchronised with the market data | |
| Totens Sparebank has accumulated about 2.59 B in cash with (1.94 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 423.29. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders |
Totens Sparebank 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 Totens Stock often depends not only on the future outlook of the current and potential Totens Sparebank'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. Totens Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.1 M | |
| Cash And Short Term Investments | 19.5 M |
Totens Sparebank Technical Analysis
Totens Sparebank's future price can be derived by breaking down and analyzing its technical indicators over time. Totens Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Totens Sparebank. In general, you should focus on analyzing Totens Stock price patterns and their correlations with different microeconomic environments and drivers.
Totens Sparebank Predictive Forecast Models
Totens Sparebank's time-series forecasting models is one of many Totens Sparebank'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 Totens Sparebank'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 Totens Sparebank
Checking the ongoing alerts about Totens Sparebank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Totens Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Totens Sparebank is not yet fully synchronised with the market data | |
| Totens Sparebank has accumulated about 2.59 B in cash with (1.94 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 423.29. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Totens Stock
Totens Sparebank financial ratios help investors to determine whether Totens 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 Totens with respect to the benefits of owning Totens Sparebank security.