Absolent Group (Sweden) Price Prediction

ABSO Stock  SEK 232.00  2.00  0.85%   
The value of RSI of Absolent Group's share price is below 30 at this time. This suggests that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Absolent Group AB, making its price go up or down.

Oversold Vs Overbought

22

 
Oversold
 
Overbought
The successful prediction of Absolent Group's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Absolent Group AB, which may create opportunities for some arbitrage if properly timed.
Using Absolent Group hype-based prediction, you can estimate the value of Absolent Group AB from the perspective of Absolent Group response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Absolent Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Absolent because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Absolent Group after-hype prediction price

    
  SEK 232.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Absolent Group Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
208.80283.25284.99
Details

Absolent Group After-Hype Price Prediction Density Analysis

As far as predicting the price of Absolent Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Absolent Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Absolent Group, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Absolent Group Estimiated After-Hype Price Volatility

In the context of predicting Absolent Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Absolent Group's historical news coverage. Absolent Group's after-hype downside and upside margins for the prediction period are 230.26 and 233.74, respectively. We have considered Absolent Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
232.00
230.26
Downside
232.00
After-hype Price
233.74
Upside
Absolent Group is very steady at this time. Analysis and calculation of next after-hype price of Absolent Group AB is based on 3 months time horizon.

Absolent Group Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Absolent Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Absolent Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Absolent Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.50 
1.74
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
232.00
232.00
0.00 
0.00  
Notes

Absolent Group Hype Timeline

Absolent Group AB is presently traded for 232.00on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Absolent is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is presently at -0.5%. %. The volatility of related hype on Absolent Group is about 0.0%, with the expected price after the next announcement by competition of 232.00. About 72.0% of the company shares are held by company insiders. The company recorded earning per share (EPS) of 12.84. Absolent Group AB last dividend was issued on the 20th of May 2022. Assuming the 90 days trading horizon the next anticipated press release will be in 5 to 10 days.
Check out Absolent Group Basic Forecasting Models to cross-verify your projections.

Absolent Group Related Hype Analysis

Having access to credible news sources related to Absolent Group's direct competition is more important than ever and may enhance your ability to predict Absolent Group's future price movements. Getting to know how Absolent Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Absolent Group may potentially react to the hype associated with one of its peers.

Absolent Group Additional Predictive Modules

Most predictive techniques to examine Absolent price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Absolent using various technical indicators. When you analyze Absolent charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Absolent Group Predictive Indicators

The successful prediction of Absolent Group stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Absolent Group AB, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Absolent Group based on analysis of Absolent Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Absolent Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Absolent Group's related companies.

Story Coverage note for Absolent Group

The number of cover stories for Absolent Group depends on current market conditions and Absolent Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Absolent Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Absolent Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Absolent Group Short Properties

Absolent Group's future price predictability will typically decrease when Absolent Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Absolent Group AB often depends not only on the future outlook of the potential Absolent Group'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. Absolent Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding107.5 M
Cash And Short Term Investments233.2 M

Additional Tools for Absolent Stock Analysis

When running Absolent Group's price analysis, check to measure Absolent Group'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 Absolent Group is operating at the current time. Most of Absolent Group's value examination focuses on studying past and present price action to predict the probability of Absolent Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absolent Group's price. Additionally, you may evaluate how the addition of Absolent Group to your portfolios can decrease your overall portfolio volatility.