CellaVision (Sweden) Probability of Future Stock Price Finishing Under 218.5
| CEVI Stock | SEK 226.00 6.50 2.96% |
CellaVision |
CellaVision Target Price Odds to finish below 218.5
The tendency of CellaVision 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 218.50 or more in 90 days |
| 226.00 | 90 days | 218.50 | about 10.79 |
Based on a normal probability distribution, the odds of CellaVision to drop to kr 218.50 or more in 90 days from now is about 10.79 (This CellaVision AB probability density function shows the probability of CellaVision Stock to fall within a particular range of prices over 90 days) . Probability of CellaVision AB price to stay between kr 218.50 and its current price of kr226.0 at the end of the 90-day period is about 5.57 .
Assuming the 90 days trading horizon CellaVision has a beta of 0.45 suggesting as returns on the market go up, CellaVision average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CellaVision AB will be expected to be much smaller as well. Additionally CellaVision 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. CellaVision Price Density |
| Price |
Predictive Modules for CellaVision
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CellaVision 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.CellaVision Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CellaVision is not an exception. The market had few large corrections towards the CellaVision'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 CellaVision AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CellaVision within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 29.14 | |
Ir | Information ratio | -0.19 |
CellaVision 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 CellaVision for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CellaVision 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.| CellaVision AB generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are held by company insiders |
CellaVision 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 CellaVision Stock often depends not only on the future outlook of the current and potential CellaVision'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. CellaVision's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.9 M | |
| Cash And Short Term Investments | 130.3 M |
CellaVision Technical Analysis
CellaVision's future price can be derived by breaking down and analyzing its technical indicators over time. CellaVision Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CellaVision AB. In general, you should focus on analyzing CellaVision Stock price patterns and their correlations with different microeconomic environments and drivers.
CellaVision Predictive Forecast Models
CellaVision's time-series forecasting models is one of many CellaVision'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 CellaVision'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 CellaVision AB
Checking the ongoing alerts about CellaVision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CellaVision AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CellaVision AB generated a negative expected return over the last 90 days | |
| About 38.0% of the company shares are held by company insiders |
Additional Tools for CellaVision Stock Analysis
When running CellaVision's price analysis, check to measure CellaVision'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 CellaVision is operating at the current time. Most of CellaVision's value examination focuses on studying past and present price action to predict the probability of CellaVision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CellaVision's price. Additionally, you may evaluate how the addition of CellaVision to your portfolios can decrease your overall portfolio volatility.