XANO Industri (Sweden) Probability of Future Stock Price Finishing Under 57.93
| XANO-B Stock | SEK 58.80 0.30 0.51% |
XANO |
XANO Industri Target Price Odds to finish below 57.93
The tendency of XANO 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 57.93 or more in 90 days |
| 58.80 | 90 days | 57.93 | about 11.15 |
Based on a normal probability distribution, the odds of XANO Industri to drop to kr 57.93 or more in 90 days from now is about 11.15 (This XANO Industri AB probability density function shows the probability of XANO Stock to fall within a particular range of prices over 90 days) . Probability of XANO Industri AB price to stay between kr 57.93 and its current price of kr58.8 at the end of the 90-day period is roughly 2.84 .
Assuming the 90 days trading horizon XANO Industri AB has a beta of -0.47. This entails as returns on the benchmark increase, returns on holding XANO Industri are expected to decrease at a much lower rate. During a bear market, however, XANO Industri AB is likely to outperform the market. Additionally XANO Industri AB 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. XANO Industri Price Density |
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Predictive Modules for XANO Industri
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XANO Industri AB. 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.XANO Industri Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XANO Industri is not an exception. The market had few large corrections towards the XANO Industri'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 XANO Industri AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XANO Industri within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | -0.47 | |
σ | Overall volatility | 6.33 | |
Ir | Information ratio | -0.18 |
XANO Industri 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 XANO Industri for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XANO Industri AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XANO Industri AB generated a negative expected return over the last 90 days | |
| XANO Industri AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company outstanding shares are owned by insiders |
XANO Industri 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 XANO Stock often depends not only on the future outlook of the current and potential XANO Industri'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. XANO Industri's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 59.1 M | |
| Cash And Short Term Investments | 345.9 M |
XANO Industri Technical Analysis
XANO Industri's future price can be derived by breaking down and analyzing its technical indicators over time. XANO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XANO Industri AB. In general, you should focus on analyzing XANO Stock price patterns and their correlations with different microeconomic environments and drivers.
XANO Industri Predictive Forecast Models
XANO Industri's time-series forecasting models is one of many XANO Industri'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 XANO Industri'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 XANO Industri AB
Checking the ongoing alerts about XANO Industri for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XANO Industri AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XANO Industri AB generated a negative expected return over the last 90 days | |
| XANO Industri AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in XANO Stock
XANO Industri financial ratios help investors to determine whether XANO 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 XANO with respect to the benefits of owning XANO Industri security.