Ellwee AB (Sweden) Probability of Future Stock Price Finishing Over 10.85
| ELLWEE Stock | SEK 3.94 0.02 0.51% |
Ellwee |
Ellwee AB Target Price Odds to finish over 10.85
The tendency of Ellwee 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 kr 10.85 or more in 90 days |
| 3.94 | 90 days | 10.85 | close to zero percent |
Based on a normal probability distribution, the odds of Ellwee AB to move over kr 10.85 or more in 90 days from now is close to zero percent (This Ellwee AB probability density function shows the probability of Ellwee Stock to fall within a particular range of prices over 90 days) . Probability of Ellwee AB price to stay between its current price of kr 3.94 and kr 10.85 at the end of the 90-day period is about 89.22 .
Assuming the 90 days trading horizon Ellwee AB has a beta of 0.0094 suggesting as returns on the market go up, Ellwee AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ellwee AB will be expected to be much smaller as well. Additionally Ellwee 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. Ellwee AB Price Density |
| Price |
Predictive Modules for Ellwee 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 Ellwee 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ellwee AB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ellwee AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ellwee AB is not an exception. The market had few large corrections towards the Ellwee 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 Ellwee AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ellwee AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.12 |
Ellwee 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 Ellwee AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ellwee 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.| Ellwee AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 28.93 M. Net Loss for the year was (39.88 M) with profit before overhead, payroll, taxes, and interest of 5.46 M. | |
| Ellwee AB has accumulated about 21.91 M in cash with (51.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51. |
Ellwee 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 Ellwee Stock often depends not only on the future outlook of the current and potential Ellwee 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. Ellwee AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.4 M | |
| Short Long Term Debt | 18.6 M |
Ellwee AB Technical Analysis
Ellwee AB's future price can be derived by breaking down and analyzing its technical indicators over time. Ellwee Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ellwee AB. In general, you should focus on analyzing Ellwee Stock price patterns and their correlations with different microeconomic environments and drivers.
Ellwee AB Predictive Forecast Models
Ellwee AB's time-series forecasting models is one of many Ellwee 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 Ellwee 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 Ellwee AB
Checking the ongoing alerts about Ellwee AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ellwee AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ellwee AB generated a negative expected return over the last 90 days | |
| The company reported the revenue of 28.93 M. Net Loss for the year was (39.88 M) with profit before overhead, payroll, taxes, and interest of 5.46 M. | |
| Ellwee AB has accumulated about 21.91 M in cash with (51.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51. |
Other Information on Investing in Ellwee Stock
Ellwee AB financial ratios help investors to determine whether Ellwee 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 Ellwee with respect to the benefits of owning Ellwee AB security.