MIPS AB (Sweden) Odds of Future Stock Price Finishing Under 488.8
| MIPS Stock | SEK 492.20 19.40 4.10% |
MIPS |
MIPS AB Target Price Odds to finish below 488.8
The tendency of MIPS 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 488.80 or more in 90 days |
| 492.20 | 90 days | 488.80 | about 11.73 |
Based on a normal probability distribution, the odds of MIPS AB to drop to kr 488.80 or more in 90 days from now is about 11.73 (This MIPS AB probability density function shows the probability of MIPS Stock to fall within a particular range of prices over 90 days) . Probability of MIPS AB price to stay between kr 488.80 and its current price of kr492.2 at the end of the 90-day period is roughly 2.12 .
Assuming the 90 days trading horizon MIPS AB has a beta of -0.1. This indicates as returns on the benchmark increase, returns on holding MIPS AB are expected to decrease at a much lower rate. During a bear market, however, MIPS AB is likely to outperform the market. Additionally MIPS 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. MIPS AB Price Density |
| Price |
Predictive Modules for MIPS 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 MIPS 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.MIPS AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MIPS AB is not an exception. The market had few large corrections towards the MIPS 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 MIPS AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MIPS AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 33.65 | |
Ir | Information ratio | -0.12 |
MIPS 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 MIPS AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MIPS 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.| MIPS AB generated a negative expected return over the last 90 days | |
| Over 75.0% of the company shares are owned by institutional investors |
MIPS 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 MIPS Stock often depends not only on the future outlook of the current and potential MIPS 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. MIPS AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 450 M |
MIPS AB Technical Analysis
MIPS AB's future price can be derived by breaking down and analyzing its technical indicators over time. MIPS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MIPS AB. In general, you should focus on analyzing MIPS Stock price patterns and their correlations with different microeconomic environments and drivers.
MIPS AB Predictive Forecast Models
MIPS AB's time-series forecasting models is one of many MIPS 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 MIPS 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 MIPS AB
Checking the ongoing alerts about MIPS AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MIPS AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MIPS AB generated a negative expected return over the last 90 days | |
| Over 75.0% of the company shares are owned by institutional investors |
Additional Tools for MIPS Stock Analysis
When running MIPS AB's price analysis, check to measure MIPS AB'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 MIPS AB is operating at the current time. Most of MIPS AB's value examination focuses on studying past and present price action to predict the probability of MIPS AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIPS AB's price. Additionally, you may evaluate how the addition of MIPS AB to your portfolios can decrease your overall portfolio volatility.