Skane Mollan (Sweden) Probability of Future Stock Price Finishing Over 49.14
| SKMO Stock | SEK 49.00 1.50 2.97% |
Skane |
Skane Mollan Target Price Odds to finish over 49.14
The tendency of Skane 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 49.14 or more in 90 days |
| 49.00 | 90 days | 49.14 | about 92.44 |
Based on a normal probability distribution, the odds of Skane Mollan to move over kr 49.14 or more in 90 days from now is about 92.44 (This Skane mollan AB probability density function shows the probability of Skane Stock to fall within a particular range of prices over 90 days) . Probability of Skane mollan AB price to stay between its current price of kr 49.00 and kr 49.14 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Skane mollan AB has a beta of -0.19. This usually implies as returns on the benchmark increase, returns on holding Skane Mollan are expected to decrease at a much lower rate. During a bear market, however, Skane mollan AB is likely to outperform the market. Additionally Skane mollan 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. Skane Mollan Price Density |
| Price |
Predictive Modules for Skane Mollan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skane mollan 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.Skane Mollan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Skane Mollan is not an exception. The market had few large corrections towards the Skane Mollan'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 Skane mollan AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Skane Mollan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 2.02 | |
Ir | Information ratio | -0.08 |
Skane Mollan 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 Skane Mollan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Skane mollan 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.| Skane mollan AB generated a negative expected return over the last 90 days | |
| About 92.0% of the company outstanding shares are owned by corporate insiders |
Skane Mollan 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 Skane Stock often depends not only on the future outlook of the current and potential Skane Mollan'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. Skane Mollan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 798.7 M | |
| Cash And Short Term Investments | 72.4 M |
Skane Mollan Technical Analysis
Skane Mollan's future price can be derived by breaking down and analyzing its technical indicators over time. Skane Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Skane mollan AB. In general, you should focus on analyzing Skane Stock price patterns and their correlations with different microeconomic environments and drivers.
Skane Mollan Predictive Forecast Models
Skane Mollan's time-series forecasting models is one of many Skane Mollan'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 Skane Mollan'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 Skane mollan AB
Checking the ongoing alerts about Skane Mollan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Skane mollan AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Skane mollan AB generated a negative expected return over the last 90 days | |
| About 92.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Skane Stock Analysis
When running Skane Mollan's price analysis, check to measure Skane Mollan'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 Skane Mollan is operating at the current time. Most of Skane Mollan's value examination focuses on studying past and present price action to predict the probability of Skane Mollan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skane Mollan's price. Additionally, you may evaluate how the addition of Skane Mollan to your portfolios can decrease your overall portfolio volatility.