XMReality (Sweden) Probability of Future Stock Price Finishing Under 0.02
| XMR Stock | SEK 0.02 0 7.50% |
XMReality |
XMReality Target Price Odds to finish below 0.02
The tendency of XMReality 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 0.02 or more in 90 days |
| 0.02 | 90 days | 0.02 | about 16.98 |
Based on a normal probability distribution, the odds of XMReality to drop to kr 0.02 or more in 90 days from now is about 16.98 (This XMReality AB probability density function shows the probability of XMReality Stock to fall within a particular range of prices over 90 days) . Probability of XMReality AB price to stay between kr 0.02 and its current price of kr0.0215 at the end of the 90-day period is nearly 4.48 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.75 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, XMReality will likely underperform. Additionally XMReality 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. XMReality Price Density |
| Price |
Predictive Modules for XMReality
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XMReality 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.XMReality Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XMReality is not an exception. The market had few large corrections towards the XMReality'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 XMReality AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XMReality within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.81 | |
β | Beta against Dow Jones | 2.75 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
XMReality 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 XMReality for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XMReality 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.| XMReality AB generated a negative expected return over the last 90 days | |
| XMReality AB has high historical volatility and very poor performance | |
| XMReality AB has some characteristics of a very speculative penny stock | |
| XMReality AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 21.98 M. Net Loss for the year was (33.44 M) with loss before overhead, payroll, taxes, and interest of (912.9 K). | |
| XMReality AB has accumulated about 31.21 M in cash with (25.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by insiders |
XMReality 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 XMReality Stock often depends not only on the future outlook of the current and potential XMReality'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. XMReality's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.6 M | |
| Cash And Short Term Investments | 45.1 M |
XMReality Technical Analysis
XMReality's future price can be derived by breaking down and analyzing its technical indicators over time. XMReality Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XMReality AB. In general, you should focus on analyzing XMReality Stock price patterns and their correlations with different microeconomic environments and drivers.
XMReality Predictive Forecast Models
XMReality's time-series forecasting models is one of many XMReality'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 XMReality'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 XMReality AB
Checking the ongoing alerts about XMReality for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XMReality AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XMReality AB generated a negative expected return over the last 90 days | |
| XMReality AB has high historical volatility and very poor performance | |
| XMReality AB has some characteristics of a very speculative penny stock | |
| XMReality AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 21.98 M. Net Loss for the year was (33.44 M) with loss before overhead, payroll, taxes, and interest of (912.9 K). | |
| XMReality AB has accumulated about 31.21 M in cash with (25.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by insiders |
Additional Tools for XMReality Stock Analysis
When running XMReality's price analysis, check to measure XMReality'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 XMReality is operating at the current time. Most of XMReality's value examination focuses on studying past and present price action to predict the probability of XMReality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XMReality's price. Additionally, you may evaluate how the addition of XMReality to your portfolios can decrease your overall portfolio volatility.