CDON AB (Sweden) Odds of Future Stock Price Finishing Under 66.34
| CDON Stock | 95.00 6.80 7.71% |
CDON |
CDON AB Target Price Odds to finish below 66.34
The tendency of CDON 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 66.34 or more in 90 days |
| 95.00 | 90 days | 66.34 | about 9.29 |
Based on a normal probability distribution, the odds of CDON AB to drop to 66.34 or more in 90 days from now is about 9.29 (This CDON AB probability density function shows the probability of CDON Stock to fall within a particular range of prices over 90 days) . Probability of CDON AB price to stay between 66.34 and its current price of 95.0 at the end of the 90-day period is about 73.43 .
Assuming the 90 days trading horizon CDON AB has a beta of -0.3 suggesting as returns on the benchmark increase, returns on holding CDON AB are expected to decrease at a much lower rate. During a bear market, however, CDON AB is likely to outperform the market. Additionally CDON AB has an alpha of 0.1506, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CDON AB Price Density |
| Price |
Predictive Modules for CDON AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CDON 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.CDON AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CDON AB is not an exception. The market had few large corrections towards the CDON AB'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 CDON AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CDON AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 12.65 | |
Ir | Information ratio | 0.0004 |
CDON AB 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 CDON AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CDON 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.| CDON AB appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 542.2 M. Net Loss for the year was (62.6 M) with profit before overhead, payroll, taxes, and interest of 226.9 M. | |
| CDON AB generates negative cash flow from operations | |
| Over 82.0% of the company shares are held by institutions such as insurance companies |
CDON AB 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 CDON Stock often depends not only on the future outlook of the current and potential CDON AB'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. CDON AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.4 M |
CDON AB Technical Analysis
CDON AB's future price can be derived by breaking down and analyzing its technical indicators over time. CDON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CDON AB. In general, you should focus on analyzing CDON Stock price patterns and their correlations with different microeconomic environments and drivers.
CDON AB Predictive Forecast Models
CDON AB's time-series forecasting models is one of many CDON AB'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 CDON AB'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 CDON AB
Checking the ongoing alerts about CDON AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CDON AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CDON AB appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 542.2 M. Net Loss for the year was (62.6 M) with profit before overhead, payroll, taxes, and interest of 226.9 M. | |
| CDON AB generates negative cash flow from operations | |
| Over 82.0% of the company shares are held by institutions such as insurance companies |
Additional Tools for CDON Stock Analysis
When running CDON AB's price analysis, check to measure CDON AB'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 CDON AB is operating at the current time. Most of CDON AB's value examination focuses on studying past and present price action to predict the probability of CDON AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CDON AB's price. Additionally, you may evaluate how the addition of CDON AB to your portfolios can decrease your overall portfolio volatility.