SinterCast (Sweden) Probability of Future Stock Price Finishing Under 109.95

SINT Stock  SEK 110.00  3.00  2.80%   
SinterCast's future price is the expected price of SinterCast instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SinterCast AB performance during a given time horizon utilizing its historical volatility. Check out SinterCast Backtesting, SinterCast Valuation, SinterCast Correlation, SinterCast Hype Analysis, SinterCast Volatility, SinterCast History as well as SinterCast Performance.
  
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SinterCast Target Price Odds to finish below 109.95

The tendency of SinterCast 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 PriceHorizonTarget PriceOdds to drop to kr 109.95  or more in 90 days
 110.00 90 days 109.95 
about 55.34
Based on a normal probability distribution, the odds of SinterCast to drop to kr 109.95  or more in 90 days from now is about 55.34 (This SinterCast AB probability density function shows the probability of SinterCast Stock to fall within a particular range of prices over 90 days) . Probability of SinterCast AB price to stay between kr 109.95  and its current price of kr110.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon SinterCast AB has a beta of -0.23. This usually implies as returns on the benchmark increase, returns on holding SinterCast are expected to decrease at a much lower rate. During a bear market, however, SinterCast AB is likely to outperform the market. Additionally SinterCast AB has an alpha of 0.079, implying that it can generate a 0.079 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   SinterCast Price Density   
       Price  

Predictive Modules for SinterCast

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SinterCast 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.
Hype
Prediction
LowEstimatedHigh
108.45110.00111.55
Details
Intrinsic
Valuation
LowRealHigh
90.7892.33121.00
Details
Naive
Forecast
LowNextHigh
111.90113.45115.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
106.25107.86109.47
Details

SinterCast Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SinterCast is not an exception. The market had few large corrections towards the SinterCast'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 SinterCast AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SinterCast within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.08
β
Beta against Dow Jones-0.23
σ
Overall volatility
2.83
Ir
Information ratio -0.03

SinterCast 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 SinterCast for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SinterCast 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.
About 56.0% of the company outstanding shares are owned by corporate insiders

SinterCast 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 SinterCast Stock often depends not only on the future outlook of the current and potential SinterCast'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. SinterCast's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding7.1 M
Cash And Short Term Investments27.5 M

SinterCast Technical Analysis

SinterCast's future price can be derived by breaking down and analyzing its technical indicators over time. SinterCast Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SinterCast AB. In general, you should focus on analyzing SinterCast Stock price patterns and their correlations with different microeconomic environments and drivers.

SinterCast Predictive Forecast Models

SinterCast's time-series forecasting models is one of many SinterCast'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 SinterCast'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 SinterCast AB

Checking the ongoing alerts about SinterCast for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SinterCast AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 56.0% of the company outstanding shares are owned by corporate insiders

Additional Tools for SinterCast Stock Analysis

When running SinterCast's price analysis, check to measure SinterCast'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 SinterCast is operating at the current time. Most of SinterCast's value examination focuses on studying past and present price action to predict the probability of SinterCast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SinterCast's price. Additionally, you may evaluate how the addition of SinterCast to your portfolios can decrease your overall portfolio volatility.