Fenix Outdoor (Sweden) Probability of Future Stock Price Finishing Under 547.67
| FOI-B Stock | SEK 642.00 41.00 6.82% |
Fenix |
Fenix Outdoor Target Price Odds to finish below 547.67
The tendency of Fenix 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 547.67 or more in 90 days |
| 642.00 | 90 days | 547.67 | near 1 |
Based on a normal probability distribution, the odds of Fenix Outdoor to drop to kr 547.67 or more in 90 days from now is near 1 (This Fenix Outdoor International probability density function shows the probability of Fenix Stock to fall within a particular range of prices over 90 days) . Probability of Fenix Outdoor Intern price to stay between kr 547.67 and its current price of kr642.0 at the end of the 90-day period is about 92.57 .
Assuming the 90 days trading horizon Fenix Outdoor has a beta of 0.0383. This usually indicates as returns on the market go up, Fenix Outdoor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fenix Outdoor International will be expected to be much smaller as well. Additionally Fenix Outdoor International has an alpha of 0.0029, implying that it can generate a 0.002863 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fenix Outdoor Price Density |
| Price |
Predictive Modules for Fenix Outdoor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fenix Outdoor Intern. 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.Fenix Outdoor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fenix Outdoor is not an exception. The market had few large corrections towards the Fenix Outdoor'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 Fenix Outdoor International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fenix Outdoor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 16.42 | |
Ir | Information ratio | -0.08 |
Fenix Outdoor 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 Fenix Outdoor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fenix Outdoor Intern can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 62.0% of the company shares are held by company insiders |
Fenix Outdoor 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 Fenix Stock often depends not only on the future outlook of the current and potential Fenix Outdoor'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. Fenix Outdoor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.2 M | |
| Cash And Short Term Investments | 181.9 M |
Fenix Outdoor Technical Analysis
Fenix Outdoor's future price can be derived by breaking down and analyzing its technical indicators over time. Fenix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fenix Outdoor International. In general, you should focus on analyzing Fenix Stock price patterns and their correlations with different microeconomic environments and drivers.
Fenix Outdoor Predictive Forecast Models
Fenix Outdoor's time-series forecasting models is one of many Fenix Outdoor'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 Fenix Outdoor'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 Fenix Outdoor Intern
Checking the ongoing alerts about Fenix Outdoor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fenix Outdoor Intern help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 62.0% of the company shares are held by company insiders |
Additional Tools for Fenix Stock Analysis
When running Fenix Outdoor's price analysis, check to measure Fenix Outdoor'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 Fenix Outdoor is operating at the current time. Most of Fenix Outdoor's value examination focuses on studying past and present price action to predict the probability of Fenix Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fenix Outdoor's price. Additionally, you may evaluate how the addition of Fenix Outdoor to your portfolios can decrease your overall portfolio volatility.