ALK Abell (Denmark) Probability of Future Stock Price Finishing Under 159.13
| ALK-B Stock | DKK 162.00 3.30 2.08% |
ALK |
ALK Abell Target Price Odds to finish below 159.13
The tendency of ALK 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 drop to kr 159.13 or more in 90 days |
| 162.00 | 90 days | 159.13 | about 13.42 |
Based on a normal probability distribution, the odds of ALK Abell to drop to kr 159.13 or more in 90 days from now is about 13.42 (This ALK Abell AS probability density function shows the probability of ALK Stock to fall within a particular range of prices over 90 days) . Probability of ALK Abell AS price to stay between kr 159.13 and its current price of kr162.0 at the end of the 90-day period is about 9.15 .
Assuming the 90 days trading horizon ALK Abell has a beta of 0.53. This suggests as returns on the market go up, ALK Abell average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALK Abell AS will be expected to be much smaller as well. Additionally ALK Abell 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. ALK Abell Price Density |
| Price |
Predictive Modules for ALK Abell
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALK Abell AS. 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.ALK Abell Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ALK Abell is not an exception. The market had few large corrections towards the ALK Abell'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 ALK Abell AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ALK Abell within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 8.15 | |
Ir | Information ratio | -0.14 |
ALK Abell 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 ALK Abell for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ALK Abell AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ALK Abell AS generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by institutions such as insurance companies |
ALK Abell 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 ALK Stock often depends not only on the future outlook of the current and potential ALK Abell'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. ALK Abell's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 221 M |
ALK Abell Technical Analysis
ALK Abell's future price can be derived by breaking down and analyzing its technical indicators over time. ALK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ALK Abell AS. In general, you should focus on analyzing ALK Stock price patterns and their correlations with different microeconomic environments and drivers.
ALK Abell Predictive Forecast Models
ALK Abell's time-series forecasting models is one of many ALK Abell'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 ALK Abell'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 ALK Abell AS
Checking the ongoing alerts about ALK Abell for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ALK Abell AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ALK Abell AS generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in ALK Stock
ALK Abell financial ratios help investors to determine whether ALK 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 ALK with respect to the benefits of owning ALK Abell security.