AGR Group ASA Probability of Future Stock Price Finishing Over 35.98
| AGRDelisted Stock | USD 36.02 0.37 1.04% |
AGR |
AGR Group Target Price Odds to finish over 35.98
The tendency of AGR 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 above $ 35.98 in 90 days |
| 36.02 | 90 days | 35.98 | nearly 4.65 |
Based on a normal probability distribution, the odds of AGR Group to stay above $ 35.98 in 90 days from now is nearly 4.65 (This AGR Group ASA probability density function shows the probability of AGR Stock to fall within a particular range of prices over 90 days) . Probability of AGR Group ASA price to stay between $ 35.98 and its current price of $36.02 at the end of the 90-day period is about 1.36 .
Considering the 90-day investment horizon AGR Group has a beta of 0.0261. This suggests as returns on the market go up, AGR Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AGR Group ASA will be expected to be much smaller as well. Additionally AGR Group ASA has an alpha of 0.0312, implying that it can generate a 0.0312 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AGR Group Price Density |
| Price |
Predictive Modules for AGR Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGR Group ASA. 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.AGR Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AGR Group is not an exception. The market had few large corrections towards the AGR Group'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 AGR Group ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AGR Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.02 |
AGR Group 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 AGR Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AGR Group ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AGR Group ASA is not yet fully synchronised with the market data | |
| AGR Group ASA has a very high chance of going through financial distress in the upcoming years | |
| AGR Group ASA has 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. AGR Group ASA has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist AGR Group until it has trouble settling it off, either with new capital or with free cash flow. So, AGR Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AGR Group ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AGR to invest in growth at high rates of return. When we think about AGR Group's use of debt, we should always consider it together with cash and equity. | |
| About 82.0% of AGR Group shares are held by company insiders |
AGR Group 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 AGR Stock often depends not only on the future outlook of the current and potential AGR Group'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. AGR Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 387.2 M | |
| Cash And Short Term Investments | 91 M |
AGR Group Technical Analysis
AGR Group's future price can be derived by breaking down and analyzing its technical indicators over time. AGR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AGR Group ASA. In general, you should focus on analyzing AGR Stock price patterns and their correlations with different microeconomic environments and drivers.
AGR Group Predictive Forecast Models
AGR Group's time-series forecasting models is one of many AGR Group'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 AGR Group'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 AGR Group ASA
Checking the ongoing alerts about AGR Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AGR Group ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AGR Group ASA is not yet fully synchronised with the market data | |
| AGR Group ASA has a very high chance of going through financial distress in the upcoming years | |
| AGR Group ASA has 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. AGR Group ASA has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist AGR Group until it has trouble settling it off, either with new capital or with free cash flow. So, AGR Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AGR Group ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AGR to invest in growth at high rates of return. When we think about AGR Group's use of debt, we should always consider it together with cash and equity. | |
| About 82.0% of AGR Group shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in AGR Stock
If you are still planning to invest in AGR Group ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AGR Group's history and understand the potential risks before investing.
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