SoftOx Solutions (Norway) Probability of Future Stock Price Finishing Over 27.88
| SOFTX Stock | NOK 0.01 0.0002 1.45% |
SoftOx |
SoftOx Solutions Target Price Odds to finish over 27.88
The tendency of SoftOx 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 27.88 or more in 90 days |
| 0.01 | 90 days | 27.88 | close to zero percent |
Based on a normal probability distribution, the odds of SoftOx Solutions to move over 27.88 or more in 90 days from now is close to zero percent (This SoftOx Solutions AS probability density function shows the probability of SoftOx Stock to fall within a particular range of prices over 90 days) . Probability of SoftOx Solutions price to stay between its current price of 0.01 and 27.88 at the end of the 90-day period is about 75.33 .
Assuming the 90 days trading horizon SoftOx Solutions AS has a beta of -1.82. This usually implies as returns on its benchmark rise, returns on holding SoftOx Solutions AS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, SoftOx Solutions is expected to outperform its benchmark. Additionally SoftOx Solutions AS 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. SoftOx Solutions Price Density |
| Price |
Predictive Modules for SoftOx Solutions
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SoftOx Solutions. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SoftOx Solutions' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SoftOx Solutions Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SoftOx Solutions is not an exception. The market had few large corrections towards the SoftOx Solutions' 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 SoftOx Solutions AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SoftOx Solutions within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0057 | |
β | Beta against Dow Jones | -1.82 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
SoftOx Solutions 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 SoftOx Solutions for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SoftOx Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SoftOx Solutions generated a negative expected return over the last 90 days | |
| SoftOx Solutions has high historical volatility and very poor performance | |
| SoftOx Solutions has some characteristics of a very speculative penny stock | |
| SoftOx Solutions has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 7.9 M. Net Loss for the year was (65.4 M) with profit before overhead, payroll, taxes, and interest of 7.9 M. | |
| SoftOx Solutions AS has accumulated about 56.98 M in cash with (72.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
SoftOx Solutions 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 SoftOx Stock often depends not only on the future outlook of the current and potential SoftOx Solutions' 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. SoftOx Solutions' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.3 M | |
| Cash And Short Term Investments | 57 M |
SoftOx Solutions Technical Analysis
SoftOx Solutions' future price can be derived by breaking down and analyzing its technical indicators over time. SoftOx Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SoftOx Solutions AS. In general, you should focus on analyzing SoftOx Stock price patterns and their correlations with different microeconomic environments and drivers.
SoftOx Solutions Predictive Forecast Models
SoftOx Solutions' time-series forecasting models is one of many SoftOx Solutions' 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 SoftOx Solutions' 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 SoftOx Solutions
Checking the ongoing alerts about SoftOx Solutions for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SoftOx Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SoftOx Solutions generated a negative expected return over the last 90 days | |
| SoftOx Solutions has high historical volatility and very poor performance | |
| SoftOx Solutions has some characteristics of a very speculative penny stock | |
| SoftOx Solutions has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 7.9 M. Net Loss for the year was (65.4 M) with profit before overhead, payroll, taxes, and interest of 7.9 M. | |
| SoftOx Solutions AS has accumulated about 56.98 M in cash with (72.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SoftOx Stock
SoftOx Solutions financial ratios help investors to determine whether SoftOx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SoftOx with respect to the benefits of owning SoftOx Solutions security.