Andfjord Salmon (Norway) Probability of Future Stock Price Finishing Over 45.65
| ANDF Stock | NOK 41.50 1.00 2.35% |
Andfjord |
Andfjord Salmon Target Price Odds to finish over 45.65
The tendency of Andfjord 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 45.65 or more in 90 days |
| 41.50 | 90 days | 45.65 | near 1 |
Based on a normal probability distribution, the odds of Andfjord Salmon to move over 45.65 or more in 90 days from now is near 1 (This Andfjord Salmon AS probability density function shows the probability of Andfjord Stock to fall within a particular range of prices over 90 days) . Probability of Andfjord Salmon AS price to stay between its current price of 41.50 and 45.65 at the end of the 90-day period is about 6.71 .
Assuming the 90 days trading horizon Andfjord Salmon AS has a beta of -0.18. This suggests as returns on the benchmark increase, returns on holding Andfjord Salmon are expected to decrease at a much lower rate. During a bear market, however, Andfjord Salmon AS is likely to outperform the market. Additionally Andfjord Salmon AS has an alpha of 0.4941, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Andfjord Salmon Price Density |
| Price |
Predictive Modules for Andfjord Salmon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Andfjord Salmon 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.Andfjord Salmon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Andfjord Salmon is not an exception. The market had few large corrections towards the Andfjord Salmon'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 Andfjord Salmon AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Andfjord Salmon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 4.45 | |
Ir | Information ratio | 0.17 |
Andfjord Salmon 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 Andfjord Salmon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Andfjord Salmon 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.| Net Loss for the year was (35.54 M) with profit before overhead, payroll, taxes, and interest of 180.86 K. | |
| Andfjord Salmon AS has accumulated about 88.8 M in cash with (20.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.48. | |
| Roughly 74.0% of the company shares are held by company insiders |
Andfjord Salmon 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 Andfjord Stock often depends not only on the future outlook of the current and potential Andfjord Salmon'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. Andfjord Salmon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 13.9 M |
Andfjord Salmon Technical Analysis
Andfjord Salmon's future price can be derived by breaking down and analyzing its technical indicators over time. Andfjord Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Andfjord Salmon AS. In general, you should focus on analyzing Andfjord Stock price patterns and their correlations with different microeconomic environments and drivers.
Andfjord Salmon Predictive Forecast Models
Andfjord Salmon's time-series forecasting models is one of many Andfjord Salmon'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 Andfjord Salmon'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 Andfjord Salmon AS
Checking the ongoing alerts about Andfjord Salmon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Andfjord Salmon AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Net Loss for the year was (35.54 M) with profit before overhead, payroll, taxes, and interest of 180.86 K. | |
| Andfjord Salmon AS has accumulated about 88.8 M in cash with (20.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.48. | |
| Roughly 74.0% of the company shares are held by company insiders |
Other Information on Investing in Andfjord Stock
Andfjord Salmon financial ratios help investors to determine whether Andfjord 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 Andfjord with respect to the benefits of owning Andfjord Salmon security.