RaySearch Laboratories (Sweden) Probability of Future Stock Price Finishing Under 153.0
| RAY-B Stock | SEK 203.00 0.50 0.25% |
RaySearch |
RaySearch Laboratories Target Price Odds to finish below 153.0
The tendency of RaySearch 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 kr 153.00 or more in 90 days |
| 203.00 | 90 days | 153.00 | about 17.04 |
Based on a normal probability distribution, the odds of RaySearch Laboratories to drop to kr 153.00 or more in 90 days from now is about 17.04 (This RaySearch Laboratories AB probability density function shows the probability of RaySearch Stock to fall within a particular range of prices over 90 days) . Probability of RaySearch Laboratories price to stay between kr 153.00 and its current price of kr203.0 at the end of the 90-day period is about 73.96 .
Assuming the 90 days trading horizon RaySearch Laboratories has a beta of 0.25 indicating as returns on the market go up, RaySearch Laboratories average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RaySearch Laboratories AB will be expected to be much smaller as well. Additionally RaySearch Laboratories AB has an alpha of 0.3831, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RaySearch Laboratories Price Density |
| Price |
Predictive Modules for RaySearch Laboratories
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RaySearch Laboratories. 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.RaySearch Laboratories Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RaySearch Laboratories is not an exception. The market had few large corrections towards the RaySearch Laboratories' 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 RaySearch Laboratories AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RaySearch Laboratories within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 21.78 | |
Ir | Information ratio | 0.10 |
RaySearch Laboratories 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 RaySearch Laboratories for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RaySearch Laboratories can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 641.67 M. Net Loss for the year was (47.31 M) with profit before overhead, payroll, taxes, and interest of 591.28 M. | |
| About 56.0% of the company shares are owned by institutional investors |
RaySearch Laboratories 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 RaySearch Stock often depends not only on the future outlook of the current and potential RaySearch Laboratories' 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. RaySearch Laboratories' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 102.5 M |
RaySearch Laboratories Technical Analysis
RaySearch Laboratories' future price can be derived by breaking down and analyzing its technical indicators over time. RaySearch Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RaySearch Laboratories AB. In general, you should focus on analyzing RaySearch Stock price patterns and their correlations with different microeconomic environments and drivers.
RaySearch Laboratories Predictive Forecast Models
RaySearch Laboratories' time-series forecasting models is one of many RaySearch Laboratories' 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 RaySearch Laboratories' 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 RaySearch Laboratories
Checking the ongoing alerts about RaySearch Laboratories for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RaySearch Laboratories help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 641.67 M. Net Loss for the year was (47.31 M) with profit before overhead, payroll, taxes, and interest of 591.28 M. | |
| About 56.0% of the company shares are owned by institutional investors |
Additional Tools for RaySearch Stock Analysis
When running RaySearch Laboratories' price analysis, check to measure RaySearch Laboratories' 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 RaySearch Laboratories is operating at the current time. Most of RaySearch Laboratories' value examination focuses on studying past and present price action to predict the probability of RaySearch Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RaySearch Laboratories' price. Additionally, you may evaluate how the addition of RaySearch Laboratories to your portfolios can decrease your overall portfolio volatility.