Ekobot AB (Sweden) Probability of Future Stock Price Finishing Over 0.0
| EKOBOT Stock | SEK 0.09 0.00 0.00% |
Ekobot |
Ekobot AB Target Price Odds to finish over 0.0
The tendency of Ekobot 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 above kr 0.00 in 90 days |
| 0.09 | 90 days | 0.00 | close to 99 |
Based on a normal probability distribution, the odds of Ekobot AB to stay above kr 0.00 in 90 days from now is close to 99 (This Ekobot AB probability density function shows the probability of Ekobot Stock to fall within a particular range of prices over 90 days) . Probability of Ekobot AB price to stay between kr 0.00 and its current price of kr0.092 at the end of the 90-day period is nearly 4.32 .
Assuming the 90 days trading horizon Ekobot AB has a beta of -0.58 suggesting as returns on the benchmark increase, returns on holding Ekobot AB are expected to decrease at a much lower rate. During a bear market, however, Ekobot AB is likely to outperform the market. Additionally Ekobot 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. Ekobot AB Price Density |
| Price |
Predictive Modules for Ekobot 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 Ekobot 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.Ekobot AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ekobot AB is not an exception. The market had few large corrections towards the Ekobot 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 Ekobot AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ekobot AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.82 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.2 |
Ekobot 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 Ekobot AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ekobot 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.| Ekobot AB generated a negative expected return over the last 90 days | |
| Ekobot AB has high historical volatility and very poor performance | |
| Ekobot AB has some characteristics of a very speculative penny stock | |
| Ekobot AB has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.07 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ekobot AB has accumulated about 19.78 M in cash with (5.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 36.0% of the company shares are held by company insiders |
Ekobot 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 Ekobot Stock often depends not only on the future outlook of the current and potential Ekobot 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. Ekobot AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 M | |
| Cash And Short Term Investments | 9 M |
Ekobot AB Technical Analysis
Ekobot AB's future price can be derived by breaking down and analyzing its technical indicators over time. Ekobot Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ekobot AB. In general, you should focus on analyzing Ekobot Stock price patterns and their correlations with different microeconomic environments and drivers.
Ekobot AB Predictive Forecast Models
Ekobot AB's time-series forecasting models is one of many Ekobot 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 Ekobot 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 Ekobot AB
Checking the ongoing alerts about Ekobot AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ekobot AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ekobot AB generated a negative expected return over the last 90 days | |
| Ekobot AB has high historical volatility and very poor performance | |
| Ekobot AB has some characteristics of a very speculative penny stock | |
| Ekobot AB has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.07 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ekobot AB has accumulated about 19.78 M in cash with (5.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 36.0% of the company shares are held by company insiders |
Other Information on Investing in Ekobot Stock
Ekobot AB financial ratios help investors to determine whether Ekobot 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 Ekobot with respect to the benefits of owning Ekobot AB security.