Zwipe AS (Sweden) Odds of Future Stock Price Finishing Under 0.22
| ZWIPE Stock | 0.18 0.01 5.26% |
Zwipe |
Zwipe AS Target Price Odds to finish below 0.22
The tendency of Zwipe 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 stay under 0.22 after 90 days |
| 0.18 | 90 days | 0.22 | about 9.76 |
Based on a normal probability distribution, the odds of Zwipe AS to stay under 0.22 after 90 days from now is about 9.76 (This Zwipe AS probability density function shows the probability of Zwipe Stock to fall within a particular range of prices over 90 days) . Probability of Zwipe AS price to stay between its current price of 0.18 and 0.22 at the end of the 90-day period is about 5.56 .
Assuming the 90 days trading horizon Zwipe AS has a beta of -1.75. This usually means as returns on its benchmark rise, returns on holding Zwipe AS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Zwipe AS is expected to outperform its benchmark. Additionally Zwipe AS 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. Zwipe AS Price Density |
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Predictive Modules for Zwipe AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zwipe AS. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zwipe AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zwipe AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zwipe AS is not an exception. The market had few large corrections towards the Zwipe AS'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 Zwipe AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zwipe AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | -1.75 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.08 |
Zwipe AS 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 Zwipe AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zwipe AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zwipe AS generated a negative expected return over the last 90 days | |
| Zwipe AS has high historical volatility and very poor performance | |
| Zwipe AS has some characteristics of a very speculative penny stock |
Zwipe AS Technical Analysis
Zwipe AS's future price can be derived by breaking down and analyzing its technical indicators over time. Zwipe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zwipe AS. In general, you should focus on analyzing Zwipe Stock price patterns and their correlations with different microeconomic environments and drivers.
Zwipe AS Predictive Forecast Models
Zwipe AS's time-series forecasting models is one of many Zwipe AS'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 Zwipe AS'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 Zwipe AS
Checking the ongoing alerts about Zwipe AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zwipe AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zwipe AS generated a negative expected return over the last 90 days | |
| Zwipe AS has high historical volatility and very poor performance | |
| Zwipe AS has some characteristics of a very speculative penny stock |
Additional Tools for Zwipe Stock Analysis
When running Zwipe AS's price analysis, check to measure Zwipe AS'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 Zwipe AS is operating at the current time. Most of Zwipe AS's value examination focuses on studying past and present price action to predict the probability of Zwipe AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zwipe AS's price. Additionally, you may evaluate how the addition of Zwipe AS to your portfolios can decrease your overall portfolio volatility.