Unlimited Travel (Sweden) Probability of Future Stock Price Finishing Under 12.69
| UTG Stock | SEK 13.45 0.35 2.54% |
Unlimited |
Unlimited Travel Target Price Odds to finish below 12.69
The tendency of Unlimited 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 kr 12.69 or more in 90 days |
| 13.45 | 90 days | 12.69 | about 17.29 |
Based on a normal probability distribution, the odds of Unlimited Travel to drop to kr 12.69 or more in 90 days from now is about 17.29 (This Unlimited Travel Group probability density function shows the probability of Unlimited Stock to fall within a particular range of prices over 90 days) . Probability of Unlimited Travel price to stay between kr 12.69 and its current price of kr13.45 at the end of the 90-day period is about 43.18 .
Assuming the 90 days trading horizon Unlimited Travel Group has a beta of -0.69. This usually implies as returns on the benchmark increase, returns on holding Unlimited Travel are expected to decrease at a much lower rate. During a bear market, however, Unlimited Travel Group is likely to outperform the market. Additionally Unlimited Travel Group has an alpha of 0.1787, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Unlimited Travel Price Density |
| Price |
Predictive Modules for Unlimited Travel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unlimited Travel. 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.Unlimited Travel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Unlimited Travel is not an exception. The market had few large corrections towards the Unlimited Travel'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 Unlimited Travel Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Unlimited Travel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | -0.02 |
Unlimited Travel 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 Unlimited Travel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Unlimited Travel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Unlimited Travel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Unlimited Travel Group has accumulated 36.74 M in total debt with debt to equity ratio (D/E) of 149.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Unlimited Travel has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Unlimited Travel until it has trouble settling it off, either with new capital or with free cash flow. So, Unlimited Travel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Unlimited Travel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Unlimited to invest in growth at high rates of return. When we think about Unlimited Travel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 200.12 M. Net Loss for the year was (16.63 M) with profit before overhead, payroll, taxes, and interest of 43.88 M. | |
| About 65.0% of Unlimited Travel outstanding shares are owned by insiders |
Unlimited Travel 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 Unlimited Stock often depends not only on the future outlook of the current and potential Unlimited Travel'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. Unlimited Travel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 13.8 M |
Unlimited Travel Technical Analysis
Unlimited Travel's future price can be derived by breaking down and analyzing its technical indicators over time. Unlimited Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unlimited Travel Group. In general, you should focus on analyzing Unlimited Stock price patterns and their correlations with different microeconomic environments and drivers.
Unlimited Travel Predictive Forecast Models
Unlimited Travel's time-series forecasting models is one of many Unlimited Travel'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 Unlimited Travel'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 Unlimited Travel
Checking the ongoing alerts about Unlimited Travel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Unlimited Travel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Unlimited Travel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Unlimited Travel Group has accumulated 36.74 M in total debt with debt to equity ratio (D/E) of 149.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Unlimited Travel has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Unlimited Travel until it has trouble settling it off, either with new capital or with free cash flow. So, Unlimited Travel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Unlimited Travel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Unlimited to invest in growth at high rates of return. When we think about Unlimited Travel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 200.12 M. Net Loss for the year was (16.63 M) with profit before overhead, payroll, taxes, and interest of 43.88 M. | |
| About 65.0% of Unlimited Travel outstanding shares are owned by insiders |
Additional Tools for Unlimited Stock Analysis
When running Unlimited Travel's price analysis, check to measure Unlimited Travel'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 Unlimited Travel is operating at the current time. Most of Unlimited Travel's value examination focuses on studying past and present price action to predict the probability of Unlimited Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unlimited Travel's price. Additionally, you may evaluate how the addition of Unlimited Travel to your portfolios can decrease your overall portfolio volatility.