Xplora Technologies (Norway) Probability of Future Stock Price Finishing Under 17.85
| XPLRA Stock | NOK 31.50 0.50 1.61% |
Xplora |
Xplora Technologies Target Price Odds to finish below 17.85
The tendency of Xplora 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 17.85 or more in 90 days |
| 31.50 | 90 days | 17.85 | about 13.1 |
Based on a normal probability distribution, the odds of Xplora Technologies to drop to 17.85 or more in 90 days from now is about 13.1 (This Xplora Technologies As probability density function shows the probability of Xplora Stock to fall within a particular range of prices over 90 days) . Probability of Xplora Technologies price to stay between 17.85 and its current price of 31.5 at the end of the 90-day period is about 83.18 .
Assuming the 90 days trading horizon Xplora Technologies has a beta of 0.69. This entails as returns on the market go up, Xplora Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xplora Technologies As will be expected to be much smaller as well. Moreover Xplora Technologies As has an alpha of 1.0837, implying that it can generate a 1.08 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xplora Technologies Price Density |
| Price |
Predictive Modules for Xplora Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xplora Technologies. 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.Xplora Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xplora Technologies is not an exception. The market had few large corrections towards the Xplora Technologies' 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 Xplora Technologies As, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xplora Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.08 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 4.69 | |
Ir | Information ratio | 0.32 |
Xplora Technologies 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 Xplora Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xplora Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xplora Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 431.38 M. Net Loss for the year was (13.52 M) with profit before overhead, payroll, taxes, and interest of 195.95 M. | |
| Xplora Technologies As has accumulated about 138.05 M in cash with (27.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.62. | |
| Roughly 54.0% of the company outstanding shares are owned by insiders |
Xplora Technologies 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 Xplora Stock often depends not only on the future outlook of the current and potential Xplora Technologies' 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. Xplora Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.8 M | |
| Cash And Short Term Investments | 139.8 M |
Xplora Technologies Technical Analysis
Xplora Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Xplora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xplora Technologies As. In general, you should focus on analyzing Xplora Stock price patterns and their correlations with different microeconomic environments and drivers.
Xplora Technologies Predictive Forecast Models
Xplora Technologies' time-series forecasting models is one of many Xplora Technologies' 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 Xplora Technologies' 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 Xplora Technologies
Checking the ongoing alerts about Xplora Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xplora Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xplora Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 431.38 M. Net Loss for the year was (13.52 M) with profit before overhead, payroll, taxes, and interest of 195.95 M. | |
| Xplora Technologies As has accumulated about 138.05 M in cash with (27.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.62. | |
| Roughly 54.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Xplora Stock
Xplora Technologies financial ratios help investors to determine whether Xplora 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 Xplora with respect to the benefits of owning Xplora Technologies security.