Zinzino AB (Sweden) Probability of Future Stock Price Finishing Under 70.16
| ZZ-B Stock | SEK 84.30 1.40 1.63% |
Zinzino |
Zinzino AB Target Price Odds to finish below 70.16
The tendency of Zinzino 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 70.16 or more in 90 days |
| 84.30 | 90 days | 70.16 | near 1 |
Based on a normal probability distribution, the odds of Zinzino AB to drop to kr 70.16 or more in 90 days from now is near 1 (This Zinzino AB Series probability density function shows the probability of Zinzino Stock to fall within a particular range of prices over 90 days) . Probability of Zinzino AB Series price to stay between kr 70.16 and its current price of kr84.3 at the end of the 90-day period is about 27.6 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.02 . This usually means Zinzino AB Series market returns are related to returns on the market. As the market goes up or down, Zinzino AB is expected to follow. Additionally Zinzino AB Series has an alpha of 0.0725, implying that it can generate a 0.0725 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Zinzino AB Price Density |
| Price |
Predictive Modules for Zinzino AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zinzino AB Series. 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.Zinzino AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Zinzino AB is not an exception. The market had few large corrections towards the Zinzino AB'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 Zinzino AB Series, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Zinzino AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.02 | |
σ | Overall volatility | 6.58 | |
Ir | Information ratio | 0.03 |
Zinzino AB 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 Zinzino AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Zinzino AB Series can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Zinzino AB Series has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Zinzino AB Series has accumulated 25.02 M in total debt with debt to equity ratio (D/E) of 85.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zinzino AB Series has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Zinzino AB until it has trouble settling it off, either with new capital or with free cash flow. So, Zinzino AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zinzino AB Series sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zinzino to invest in growth at high rates of return. When we think about Zinzino AB's use of debt, we should always consider it together with cash and equity. | |
| About 30.0% of Zinzino AB outstanding shares are owned by insiders |
Zinzino AB 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 Zinzino Stock often depends not only on the future outlook of the current and potential Zinzino AB'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. Zinzino AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.1 M | |
| Cash And Short Term Investments | 235.7 M |
Zinzino AB Technical Analysis
Zinzino AB's future price can be derived by breaking down and analyzing its technical indicators over time. Zinzino Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zinzino AB Series. In general, you should focus on analyzing Zinzino Stock price patterns and their correlations with different microeconomic environments and drivers.
Zinzino AB Predictive Forecast Models
Zinzino AB's time-series forecasting models is one of many Zinzino AB'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 Zinzino AB'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 Zinzino AB Series
Checking the ongoing alerts about Zinzino AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Zinzino AB Series help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Zinzino AB Series has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Zinzino AB Series has accumulated 25.02 M in total debt with debt to equity ratio (D/E) of 85.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Zinzino AB Series has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Zinzino AB until it has trouble settling it off, either with new capital or with free cash flow. So, Zinzino AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zinzino AB Series sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zinzino to invest in growth at high rates of return. When we think about Zinzino AB's use of debt, we should always consider it together with cash and equity. | |
| About 30.0% of Zinzino AB outstanding shares are owned by insiders |
Additional Tools for Zinzino Stock Analysis
When running Zinzino AB's price analysis, check to measure Zinzino AB'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 Zinzino AB is operating at the current time. Most of Zinzino AB's value examination focuses on studying past and present price action to predict the probability of Zinzino AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zinzino AB's price. Additionally, you may evaluate how the addition of Zinzino AB to your portfolios can decrease your overall portfolio volatility.