Bjorn Borg (Sweden) Probability of Future Stock Price Finishing Under 53.96
| BORG Stock | SEK 51.88 0.72 1.37% |
Bjorn |
Bjorn Borg Target Price Odds to finish below 53.96
The tendency of Bjorn 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 kr 53.96 after 90 days |
| 51.88 | 90 days | 53.96 | roughly 2.72 |
Based on a normal probability distribution, the odds of Bjorn Borg to stay under kr 53.96 after 90 days from now is roughly 2.72 (This Bjorn Borg AB probability density function shows the probability of Bjorn Stock to fall within a particular range of prices over 90 days) . Probability of Bjorn Borg AB price to stay between its current price of kr 51.88 and kr 53.96 at the end of the 90-day period is roughly 2.49 .
Assuming the 90 days trading horizon Bjorn Borg AB has a beta of -0.0887 suggesting as returns on the benchmark increase, returns on holding Bjorn Borg are expected to decrease at a much lower rate. During a bear market, however, Bjorn Borg AB is likely to outperform the market. Additionally Bjorn Borg AB 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. Bjorn Borg Price Density |
| Price |
Predictive Modules for Bjorn Borg
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bjorn Borg AB. 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.Bjorn Borg Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bjorn Borg is not an exception. The market had few large corrections towards the Bjorn Borg'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 Bjorn Borg AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bjorn Borg within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 2.41 | |
Ir | Information ratio | -0.23 |
Bjorn Borg 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 Bjorn Borg for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bjorn Borg AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bjorn Borg AB generated a negative expected return over the last 90 days | |
| Bjorn Borg AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 54.0% of the company shares are held by company insiders |
Bjorn Borg 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 Bjorn Stock often depends not only on the future outlook of the current and potential Bjorn Borg'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. Bjorn Borg's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 96.7 M |
Bjorn Borg Technical Analysis
Bjorn Borg's future price can be derived by breaking down and analyzing its technical indicators over time. Bjorn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bjorn Borg AB. In general, you should focus on analyzing Bjorn Stock price patterns and their correlations with different microeconomic environments and drivers.
Bjorn Borg Predictive Forecast Models
Bjorn Borg's time-series forecasting models is one of many Bjorn Borg'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 Bjorn Borg'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 Bjorn Borg AB
Checking the ongoing alerts about Bjorn Borg for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bjorn Borg AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bjorn Borg AB generated a negative expected return over the last 90 days | |
| Bjorn Borg AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 54.0% of the company shares are held by company insiders |
Additional Tools for Bjorn Stock Analysis
When running Bjorn Borg's price analysis, check to measure Bjorn Borg's 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 Bjorn Borg is operating at the current time. Most of Bjorn Borg's value examination focuses on studying past and present price action to predict the probability of Bjorn Borg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bjorn Borg's price. Additionally, you may evaluate how the addition of Bjorn Borg to your portfolios can decrease your overall portfolio volatility.