ProstaLund (Sweden) Probability of Future Stock Price Finishing Over 10.08
| PLUN Stock | SEK 8.40 0.60 6.67% |
ProstaLund |
ProstaLund Target Price Odds to finish over 10.08
The tendency of ProstaLund 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 kr 10.08 or more in 90 days |
| 8.40 | 90 days | 10.08 | about 66.9 |
Based on a normal probability distribution, the odds of ProstaLund to move over kr 10.08 or more in 90 days from now is about 66.9 (This ProstaLund AB probability density function shows the probability of ProstaLund Stock to fall within a particular range of prices over 90 days) . Probability of ProstaLund AB price to stay between its current price of kr 8.40 and kr 10.08 at the end of the 90-day period is about 21.94 .
Assuming the 90 days trading horizon ProstaLund AB has a beta of -0.85 indicating Additionally ProstaLund 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. ProstaLund Price Density |
| Price |
Predictive Modules for ProstaLund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProstaLund 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.ProstaLund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ProstaLund is not an exception. The market had few large corrections towards the ProstaLund'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 ProstaLund AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ProstaLund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | -0.85 | |
σ | Overall volatility | 2.15 | |
Ir | Information ratio | -0.17 |
ProstaLund 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 ProstaLund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ProstaLund 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.| ProstaLund AB generated a negative expected return over the last 90 days | |
| ProstaLund AB has high historical volatility and very poor performance | |
| ProstaLund AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 17.07 M. Net Loss for the year was (7.88 M) with profit before overhead, payroll, taxes, and interest of 14.68 M. | |
| ProstaLund AB has accumulated about 19.11 M in cash with (5.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.98. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
ProstaLund 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 ProstaLund Stock often depends not only on the future outlook of the current and potential ProstaLund'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. ProstaLund's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.8 M | |
| Cash And Short Term Investments | 13.2 M | |
| Shares Float | 38 M |
ProstaLund Technical Analysis
ProstaLund's future price can be derived by breaking down and analyzing its technical indicators over time. ProstaLund Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ProstaLund AB. In general, you should focus on analyzing ProstaLund Stock price patterns and their correlations with different microeconomic environments and drivers.
ProstaLund Predictive Forecast Models
ProstaLund's time-series forecasting models is one of many ProstaLund'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 ProstaLund'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 ProstaLund AB
Checking the ongoing alerts about ProstaLund for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ProstaLund AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ProstaLund AB generated a negative expected return over the last 90 days | |
| ProstaLund AB has high historical volatility and very poor performance | |
| ProstaLund AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 17.07 M. Net Loss for the year was (7.88 M) with profit before overhead, payroll, taxes, and interest of 14.68 M. | |
| ProstaLund AB has accumulated about 19.11 M in cash with (5.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.98. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for ProstaLund Stock Analysis
When running ProstaLund's price analysis, check to measure ProstaLund'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 ProstaLund is operating at the current time. Most of ProstaLund's value examination focuses on studying past and present price action to predict the probability of ProstaLund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProstaLund's price. Additionally, you may evaluate how the addition of ProstaLund to your portfolios can decrease your overall portfolio volatility.