Sea1 Offshore (Norway) Probability of Future Stock Price Finishing Under 23.58
| SEA1 Stock | 24.35 0.20 0.83% |
Sea1 |
Sea1 Offshore Target Price Odds to finish below 23.58
The tendency of Sea1 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 23.58 or more in 90 days |
| 24.35 | 90 days | 23.58 | about 1.54 |
Based on a normal probability distribution, the odds of Sea1 Offshore to drop to 23.58 or more in 90 days from now is about 1.54 (This Sea1 Offshore probability density function shows the probability of Sea1 Stock to fall within a particular range of prices over 90 days) . Probability of Sea1 Offshore price to stay between 23.58 and its current price of 24.35 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Sea1 Offshore has a beta of 0.41. This usually implies as returns on the market go up, Sea1 Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sea1 Offshore will be expected to be much smaller as well. Additionally Sea1 Offshore 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. Sea1 Offshore Price Density |
| Price |
Predictive Modules for Sea1 Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sea1 Offshore. 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.Sea1 Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sea1 Offshore is not an exception. The market had few large corrections towards the Sea1 Offshore'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 Sea1 Offshore, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sea1 Offshore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 1.61 | |
Ir | Information ratio | -0.11 |
Sea1 Offshore 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 Sea1 Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sea1 Offshore can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sea1 Offshore generated a negative expected return over the last 90 days |
Sea1 Offshore Technical Analysis
Sea1 Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. Sea1 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sea1 Offshore. In general, you should focus on analyzing Sea1 Stock price patterns and their correlations with different microeconomic environments and drivers.
Sea1 Offshore Predictive Forecast Models
Sea1 Offshore's time-series forecasting models is one of many Sea1 Offshore'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 Sea1 Offshore'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 Sea1 Offshore
Checking the ongoing alerts about Sea1 Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sea1 Offshore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sea1 Offshore generated a negative expected return over the last 90 days |