Modern Times (Sweden) Probability of Future Stock Price Finishing Under 90.03
| MTG-A Stock | SEK 94.50 0.50 0.53% |
Modern |
Modern Times Target Price Odds to finish below 90.03
The tendency of Modern 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 90.03 or more in 90 days |
| 94.50 | 90 days | 90.03 | about 79.63 |
Based on a normal probability distribution, the odds of Modern Times to drop to kr 90.03 or more in 90 days from now is about 79.63 (This Modern Times Group probability density function shows the probability of Modern Stock to fall within a particular range of prices over 90 days) . Probability of Modern Times Group price to stay between kr 90.03 and its current price of kr94.5 at the end of the 90-day period is about 12.7 .
Assuming the 90 days trading horizon Modern Times has a beta of 0.29. This indicates as returns on the market go up, Modern Times average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Modern Times Group will be expected to be much smaller as well. Additionally Modern Times Group has an alpha of 0.3303, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Modern Times Price Density |
| Price |
Predictive Modules for Modern Times
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Modern Times Group. 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.Modern Times Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Modern Times is not an exception. The market had few large corrections towards the Modern Times' 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 Modern Times Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Modern Times within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 7.41 | |
Ir | Information ratio | 0.17 |
Modern Times 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 Modern Times for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Modern Times Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 5.31 B. Net Loss for the year was (400 M) with profit before overhead, payroll, taxes, and interest of 4.01 B. | |
| About 36.0% of the company outstanding shares are owned by corporate insiders |
Modern Times 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 Modern Stock often depends not only on the future outlook of the current and potential Modern Times' 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. Modern Times' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 103.9 M | |
| Cash And Short Term Investments | 943 M |
Modern Times Technical Analysis
Modern Times' future price can be derived by breaking down and analyzing its technical indicators over time. Modern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Modern Times Group. In general, you should focus on analyzing Modern Stock price patterns and their correlations with different microeconomic environments and drivers.
Modern Times Predictive Forecast Models
Modern Times' time-series forecasting models is one of many Modern Times' 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 Modern Times' 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 Modern Times Group
Checking the ongoing alerts about Modern Times for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Modern Times Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 5.31 B. Net Loss for the year was (400 M) with profit before overhead, payroll, taxes, and interest of 4.01 B. | |
| About 36.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Modern Stock Analysis
When running Modern Times' price analysis, check to measure Modern Times' 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 Modern Times is operating at the current time. Most of Modern Times' value examination focuses on studying past and present price action to predict the probability of Modern Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modern Times' price. Additionally, you may evaluate how the addition of Modern Times to your portfolios can decrease your overall portfolio volatility.