Freyr Battery Sa Stock Probability of Future Stock Price Finishing Under 1.01
| FREY Stock | USD 1.70 0.10 5.56% |
FREYR |
FREYR Battery Target Price Odds to finish below 1.01
The tendency of FREYR 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 $ 1.01 or more in 90 days |
| 1.70 | 90 days | 1.01 | about 22.89 |
Based on a normal probability distribution, the odds of FREYR Battery to drop to $ 1.01 or more in 90 days from now is about 22.89 (This FREYR Battery SA probability density function shows the probability of FREYR Stock to fall within a particular range of prices over 90 days) . Probability of FREYR Battery SA price to stay between $ 1.01 and its current price of $1.7 at the end of the 90-day period is about 47.49 .
Given the investment horizon of 90 days the stock has the beta coefficient of 7.41 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FREYR Battery will likely underperform. Additionally FREYR Battery SA has an alpha of 0.3886, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FREYR Battery Price Density |
| Price |
Predictive Modules for FREYR Battery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FREYR Battery SA. 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 FREYR Battery'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.
FREYR Battery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FREYR Battery is not an exception. The market had few large corrections towards the FREYR Battery'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 FREYR Battery SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FREYR Battery within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 7.41 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | 0.11 |
FREYR Battery 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 FREYR Battery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FREYR Battery SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FREYR Battery SA is way too risky over 90 days horizon | |
| FREYR Battery SA may become a speculative penny stock | |
| FREYR Battery SA appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (71.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| FREYR Battery SA currently holds about 484.2 M in cash with (87.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| FREYR Battery SA has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Space Battery Technology Market SizeProjected to Reach 6.56 Bi |
FREYR Battery 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 FREYR Stock often depends not only on the future outlook of the current and potential FREYR Battery'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. FREYR Battery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 139.7 M | |
| Cash And Short Term Investments | 277.2 M |
FREYR Battery Technical Analysis
FREYR Battery's future price can be derived by breaking down and analyzing its technical indicators over time. FREYR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FREYR Battery SA. In general, you should focus on analyzing FREYR Stock price patterns and their correlations with different microeconomic environments and drivers.
FREYR Battery Predictive Forecast Models
FREYR Battery's time-series forecasting models is one of many FREYR Battery'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 FREYR Battery'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 FREYR Battery SA
Checking the ongoing alerts about FREYR Battery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FREYR Battery SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FREYR Battery SA is way too risky over 90 days horizon | |
| FREYR Battery SA may become a speculative penny stock | |
| FREYR Battery SA appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (71.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| FREYR Battery SA currently holds about 484.2 M in cash with (87.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| FREYR Battery SA has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Space Battery Technology Market SizeProjected to Reach 6.56 Bi |
Additional Tools for FREYR Stock Analysis
When running FREYR Battery's price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.