Induct AS (Norway) Probability of Future Stock Price Finishing Under 1.94
| INDCT Stock | 1.95 0.15 7.14% |
Induct |
Induct AS Target Price Odds to finish below 1.94
The tendency of Induct 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 1.94 or more in 90 days |
| 1.95 | 90 days | 1.94 | about 45.42 |
Based on a normal probability distribution, the odds of Induct AS to drop to 1.94 or more in 90 days from now is about 45.42 (This Induct AS probability density function shows the probability of Induct Stock to fall within a particular range of prices over 90 days) . Probability of Induct AS price to stay between 1.94 and its current price of 1.95 at the end of the 90-day period is roughly 2.21 .
Assuming the 90 days trading horizon Induct AS has a beta of -2.47. This usually indicates as returns on its benchmark rise, returns on holding Induct AS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Induct AS is expected to outperform its benchmark. Additionally Induct AS has an alpha of 0.4097, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Induct AS Price Density |
| Price |
Predictive Modules for Induct 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 Induct 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 Induct 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.
Induct AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Induct AS is not an exception. The market had few large corrections towards the Induct 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 Induct AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Induct AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -2.47 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0.01 |
Induct 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 Induct AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Induct 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.| Induct AS had very high historical volatility over the last 90 days | |
| Induct AS may become a speculative penny stock | |
| The company reported the revenue of 15.21 M. Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 10.74 M. | |
| Induct AS generates negative cash flow from operations | |
| About 48.0% of the company shares are held by company insiders |
Induct AS 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 Induct Stock often depends not only on the future outlook of the current and potential Induct AS'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. Induct AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.3 M | |
| Cash And Short Term Investments | 3.7 M |
Induct AS Technical Analysis
Induct AS's future price can be derived by breaking down and analyzing its technical indicators over time. Induct Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Induct AS. In general, you should focus on analyzing Induct Stock price patterns and their correlations with different microeconomic environments and drivers.
Induct AS Predictive Forecast Models
Induct AS's time-series forecasting models is one of many Induct 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 Induct 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 Induct AS
Checking the ongoing alerts about Induct AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Induct AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Induct AS had very high historical volatility over the last 90 days | |
| Induct AS may become a speculative penny stock | |
| The company reported the revenue of 15.21 M. Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 10.74 M. | |
| Induct AS generates negative cash flow from operations | |
| About 48.0% of the company shares are held by company insiders |
Other Information on Investing in Induct Stock
Induct AS financial ratios help investors to determine whether Induct 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 Induct with respect to the benefits of owning Induct AS security.