WITHSECURE (Finland) Probability of Future Stock Price Finishing Over 2.90
| WITH Stock | 0.76 0.02 2.70% |
WITHSECURE |
WITHSECURE Target Price Odds to finish over 2.90
The tendency of WITHSECURE 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 2.90 or more in 90 days |
| 0.76 | 90 days | 2.90 | close to zero percent |
Based on a normal probability distribution, the odds of WITHSECURE to move over 2.90 or more in 90 days from now is close to zero percent (This WITHSECURE probability density function shows the probability of WITHSECURE Stock to fall within a particular range of prices over 90 days) . Probability of WITHSECURE price to stay between its current price of 0.76 and 2.90 at the end of the 90-day period is about 90.45 .
Assuming the 90 days trading horizon WITHSECURE has a beta of -0.28. This entails as returns on the benchmark increase, returns on holding WITHSECURE are expected to decrease at a much lower rate. During a bear market, however, WITHSECURE is likely to outperform the market. Additionally WITHSECURE 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. WITHSECURE Price Density |
| Price |
Predictive Modules for WITHSECURE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WITHSECURE. 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.WITHSECURE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WITHSECURE is not an exception. The market had few large corrections towards the WITHSECURE'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 WITHSECURE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WITHSECURE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.31 |
WITHSECURE 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 WITHSECURE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WITHSECURE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WITHSECURE generated a negative expected return over the last 90 days | |
| WITHSECURE has some characteristics of a very speculative penny stock | |
| About 37.0% of the company outstanding shares are owned by insiders |
WITHSECURE 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 WITHSECURE Stock often depends not only on the future outlook of the current and potential WITHSECURE'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. WITHSECURE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 158.4 M | |
| Cash And Short Term Investments | 53 M |
WITHSECURE Technical Analysis
WITHSECURE's future price can be derived by breaking down and analyzing its technical indicators over time. WITHSECURE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WITHSECURE. In general, you should focus on analyzing WITHSECURE Stock price patterns and their correlations with different microeconomic environments and drivers.
WITHSECURE Predictive Forecast Models
WITHSECURE's time-series forecasting models is one of many WITHSECURE'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 WITHSECURE'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 WITHSECURE
Checking the ongoing alerts about WITHSECURE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WITHSECURE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WITHSECURE generated a negative expected return over the last 90 days | |
| WITHSECURE has some characteristics of a very speculative penny stock | |
| About 37.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in WITHSECURE Stock
WITHSECURE financial ratios help investors to determine whether WITHSECURE 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 WITHSECURE with respect to the benefits of owning WITHSECURE security.