SCANDION ONC (Germany) Probability of Future Stock Price Finishing Over 5.05
| 8VY Stock | EUR 0.01 0.0004 5.71% |
SCANDION |
SCANDION ONC Target Price Odds to finish over 5.05
The tendency of SCANDION 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 move over € 5.05 or more in 90 days |
| 0.01 | 90 days | 5.05 | close to zero percent |
Based on a normal probability distribution, the odds of SCANDION ONC to move over € 5.05 or more in 90 days from now is close to zero percent (This SCANDION ONC DK 0735 probability density function shows the probability of SCANDION Stock to fall within a particular range of prices over 90 days) . Probability of SCANDION ONC DK price to stay between its current price of € 0.01 and € 5.05 at the end of the 90-day period is about 79.24 .
Assuming the 90 days horizon SCANDION ONC has a beta of 0.34. This suggests as returns on the market go up, SCANDION ONC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SCANDION ONC DK 0735 will be expected to be much smaller as well. Additionally SCANDION ONC DK 0735 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. SCANDION ONC Price Density |
| Price |
Predictive Modules for SCANDION ONC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCANDION ONC DK. 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.SCANDION ONC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCANDION ONC is not an exception. The market had few large corrections towards the SCANDION ONC'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 SCANDION ONC DK 0735, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCANDION ONC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.74 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.15 |
SCANDION ONC 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 SCANDION ONC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SCANDION ONC DK can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SCANDION ONC DK generated a negative expected return over the last 90 days | |
| SCANDION ONC DK has high historical volatility and very poor performance | |
| SCANDION ONC DK has some characteristics of a very speculative penny stock | |
| SCANDION ONC DK has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (21.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SCANDION ONC DK 0735 has accumulated about 145.22 M in cash with (19.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
SCANDION ONC 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 SCANDION Stock often depends not only on the future outlook of the current and potential SCANDION ONC'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. SCANDION ONC's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 40 M |
SCANDION ONC Technical Analysis
SCANDION ONC's future price can be derived by breaking down and analyzing its technical indicators over time. SCANDION Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCANDION ONC DK 0735. In general, you should focus on analyzing SCANDION Stock price patterns and their correlations with different microeconomic environments and drivers.
SCANDION ONC Predictive Forecast Models
SCANDION ONC's time-series forecasting models is one of many SCANDION ONC'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 SCANDION ONC'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 SCANDION ONC DK
Checking the ongoing alerts about SCANDION ONC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SCANDION ONC DK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SCANDION ONC DK generated a negative expected return over the last 90 days | |
| SCANDION ONC DK has high historical volatility and very poor performance | |
| SCANDION ONC DK has some characteristics of a very speculative penny stock | |
| SCANDION ONC DK has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (21.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SCANDION ONC DK 0735 has accumulated about 145.22 M in cash with (19.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in SCANDION Stock
SCANDION ONC financial ratios help investors to determine whether SCANDION 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 SCANDION with respect to the benefits of owning SCANDION ONC security.