Train Alliance (Sweden) Probability of Future Stock Price Finishing Over 20.0
| TRAIN-B Stock | SEK 18.60 0.10 0.53% |
Train |
Train Alliance Target Price Odds to finish over 20.0
The tendency of Train 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 kr 20.00 or more in 90 days |
| 18.60 | 90 days | 20.00 | about 19.37 |
Based on a normal probability distribution, the odds of Train Alliance to move over kr 20.00 or more in 90 days from now is about 19.37 (This Train Alliance Sweden probability density function shows the probability of Train Stock to fall within a particular range of prices over 90 days) . Probability of Train Alliance Sweden price to stay between its current price of kr 18.60 and kr 20.00 at the end of the 90-day period is about 74.05 .
Assuming the 90 days trading horizon Train Alliance Sweden has a beta of -0.0545. This usually implies as returns on the benchmark increase, returns on holding Train Alliance are expected to decrease at a much lower rate. During a bear market, however, Train Alliance Sweden is likely to outperform the market. Additionally Train Alliance Sweden 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. Train Alliance Price Density |
| Price |
Predictive Modules for Train Alliance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Train Alliance Sweden. 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.Train Alliance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Train Alliance is not an exception. The market had few large corrections towards the Train Alliance'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 Train Alliance Sweden, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Train Alliance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.12 |
Train Alliance 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 Train Alliance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Train Alliance Sweden can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Train Alliance generated a negative expected return over the last 90 days | |
| Train Alliance Sweden has accumulated about 154.16 M in cash with (20.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.84. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders |
Train Alliance 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 Train Stock often depends not only on the future outlook of the current and potential Train Alliance'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. Train Alliance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.8 M | |
| Cash And Short Term Investments | 126 M |
Train Alliance Technical Analysis
Train Alliance's future price can be derived by breaking down and analyzing its technical indicators over time. Train Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Train Alliance Sweden. In general, you should focus on analyzing Train Stock price patterns and their correlations with different microeconomic environments and drivers.
Train Alliance Predictive Forecast Models
Train Alliance's time-series forecasting models is one of many Train Alliance'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 Train Alliance'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 Train Alliance Sweden
Checking the ongoing alerts about Train Alliance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Train Alliance Sweden help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Train Alliance generated a negative expected return over the last 90 days | |
| Train Alliance Sweden has accumulated about 154.16 M in cash with (20.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.84. | |
| Roughly 54.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Train Stock
Train Alliance financial ratios help investors to determine whether Train 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 Train with respect to the benefits of owning Train Alliance security.