Tobii AB (UK) Odds of Future Stock Price Finishing Over 1.51
| 0R6W Stock | 1.61 0.06 3.87% |
Tobii |
Tobii AB Target Price Odds to finish over 1.51
The tendency of Tobii 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 above 1.51 in 90 days |
| 1.61 | 90 days | 1.51 | about 98.0 |
Based on a normal probability distribution, the odds of Tobii AB to stay above 1.51 in 90 days from now is about 98.0 (This Tobii AB probability density function shows the probability of Tobii Stock to fall within a particular range of prices over 90 days) . Probability of Tobii AB price to stay between 1.51 and its current price of 1.61 at the end of the 90-day period is roughly 2.5 .
Assuming the 90 days trading horizon Tobii AB has a beta of 0.16. This suggests as returns on the market go up, Tobii AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tobii AB will be expected to be much smaller as well. Additionally Tobii 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. Tobii AB Price Density |
| Price |
Predictive Modules for Tobii 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 Tobii 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.Tobii AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tobii AB is not an exception. The market had few large corrections towards the Tobii 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 Tobii AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tobii AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.16 |
Tobii 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 Tobii AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tobii 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.| Tobii AB generated a negative expected return over the last 90 days | |
| Tobii AB may become a speculative penny stock | |
| Tobii AB has high historical volatility and very poor performance | |
| Tobii AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 828 M. Net Loss for the year was (198 M) with profit before overhead, payroll, taxes, and interest of 590 M. | |
| About 28.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Former Tobii CEO proposed to the Board - Marketscreener.com |
Tobii AB Technical Analysis
Tobii AB's future price can be derived by breaking down and analyzing its technical indicators over time. Tobii Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tobii AB. In general, you should focus on analyzing Tobii Stock price patterns and their correlations with different microeconomic environments and drivers.
Tobii AB Predictive Forecast Models
Tobii AB's time-series forecasting models is one of many Tobii 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 Tobii 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 Tobii AB
Checking the ongoing alerts about Tobii AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tobii AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tobii AB generated a negative expected return over the last 90 days | |
| Tobii AB may become a speculative penny stock | |
| Tobii AB has high historical volatility and very poor performance | |
| Tobii AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 828 M. Net Loss for the year was (198 M) with profit before overhead, payroll, taxes, and interest of 590 M. | |
| About 28.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Former Tobii CEO proposed to the Board - Marketscreener.com |
Additional Tools for Tobii Stock Analysis
When running Tobii AB's price analysis, check to measure Tobii 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 Tobii AB is operating at the current time. Most of Tobii AB's value examination focuses on studying past and present price action to predict the probability of Tobii 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 Tobii AB's price. Additionally, you may evaluate how the addition of Tobii AB to your portfolios can decrease your overall portfolio volatility.