Scandic Hotels (UK) Probability of Future Stock Price Finishing Under 67.05
| 0RD7 Stock | 66.70 0.63 0.94% |
Scandic |
Scandic Hotels Target Price Odds to finish below 67.05
The tendency of Scandic 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 stay under 67.05 after 90 days |
| 66.70 | 90 days | 67.05 | about 14.21 |
Based on a normal probability distribution, the odds of Scandic Hotels to stay under 67.05 after 90 days from now is about 14.21 (This Scandic Hotels Group probability density function shows the probability of Scandic Stock to fall within a particular range of prices over 90 days) . Probability of Scandic Hotels Group price to stay between its current price of 66.70 and 67.05 at the end of the 90-day period is roughly 2.76 .
Assuming the 90 days trading horizon Scandic Hotels has a beta of 0.69. This suggests as returns on the market go up, Scandic Hotels average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scandic Hotels Group will be expected to be much smaller as well. Additionally Scandic Hotels Group 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. Scandic Hotels Price Density |
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Predictive Modules for Scandic Hotels
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scandic Hotels Group. 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.Scandic Hotels Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scandic Hotels is not an exception. The market had few large corrections towards the Scandic Hotels' 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 Scandic Hotels Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scandic Hotels within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.69 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | -0.08 |
Scandic Hotels 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 Scandic Hotels for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scandic Hotels Group 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 35.0% of the company shares are owned by insiders or employees |
Scandic Hotels Technical Analysis
Scandic Hotels' future price can be derived by breaking down and analyzing its technical indicators over time. Scandic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scandic Hotels Group. In general, you should focus on analyzing Scandic Stock price patterns and their correlations with different microeconomic environments and drivers.
Scandic Hotels Predictive Forecast Models
Scandic Hotels' time-series forecasting models is one of many Scandic Hotels' 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 Scandic Hotels' 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 Scandic Hotels Group
Checking the ongoing alerts about Scandic Hotels for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scandic Hotels Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 35.0% of the company shares are owned by insiders or employees |
Additional Tools for Scandic Stock Analysis
When running Scandic Hotels' price analysis, check to measure Scandic Hotels' 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 Scandic Hotels is operating at the current time. Most of Scandic Hotels' value examination focuses on studying past and present price action to predict the probability of Scandic Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandic Hotels' price. Additionally, you may evaluate how the addition of Scandic Hotels to your portfolios can decrease your overall portfolio volatility.