OXE Marine (Sweden) Probability of Future Stock Price Finishing Over 6.16
| OXE Stock | SEK 0.39 0.01 2.63% |
OXE |
OXE Marine Target Price Odds to finish over 6.16
The tendency of OXE 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 6.16 or more in 90 days |
| 0.39 | 90 days | 6.16 | close to zero percent |
Based on a normal probability distribution, the odds of OXE Marine to move over kr 6.16 or more in 90 days from now is close to zero percent (This OXE Marine AB probability density function shows the probability of OXE Stock to fall within a particular range of prices over 90 days) . Probability of OXE Marine AB price to stay between its current price of kr 0.39 and kr 6.16 at the end of the 90-day period is about 61.37 .
Assuming the 90 days trading horizon OXE Marine AB has a beta of -1.05. This indicates Additionally OXE Marine AB has an alpha of 0.0229, implying that it can generate a 0.0229 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OXE Marine Price Density |
| Price |
Predictive Modules for OXE Marine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OXE Marine 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.OXE Marine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OXE Marine is not an exception. The market had few large corrections towards the OXE Marine'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 OXE Marine AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OXE Marine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -1.05 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.04 |
OXE Marine 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 OXE Marine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OXE Marine 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.| OXE Marine AB generated a negative expected return over the last 90 days | |
| OXE Marine AB has high historical volatility and very poor performance | |
| OXE Marine AB has some characteristics of a very speculative penny stock | |
| OXE Marine AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 99.8 M. Net Loss for the year was (71.83 M) with profit before overhead, payroll, taxes, and interest of 37.53 M. | |
| OXE Marine AB has accumulated about 27.63 M in cash with (25.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 57.0% of the company outstanding shares are owned by corporate insiders |
OXE Marine 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 OXE Stock often depends not only on the future outlook of the current and potential OXE Marine'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. OXE Marine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 174.6 M | |
| Cash And Short Term Investments | 23.5 M |
OXE Marine Technical Analysis
OXE Marine's future price can be derived by breaking down and analyzing its technical indicators over time. OXE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OXE Marine AB. In general, you should focus on analyzing OXE Stock price patterns and their correlations with different microeconomic environments and drivers.
OXE Marine Predictive Forecast Models
OXE Marine's time-series forecasting models is one of many OXE Marine'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 OXE Marine'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 OXE Marine AB
Checking the ongoing alerts about OXE Marine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OXE Marine AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OXE Marine AB generated a negative expected return over the last 90 days | |
| OXE Marine AB has high historical volatility and very poor performance | |
| OXE Marine AB has some characteristics of a very speculative penny stock | |
| OXE Marine AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 99.8 M. Net Loss for the year was (71.83 M) with profit before overhead, payroll, taxes, and interest of 37.53 M. | |
| OXE Marine AB has accumulated about 27.63 M in cash with (25.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 57.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for OXE Stock Analysis
When running OXE Marine's price analysis, check to measure OXE Marine'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 OXE Marine is operating at the current time. Most of OXE Marine's value examination focuses on studying past and present price action to predict the probability of OXE Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OXE Marine's price. Additionally, you may evaluate how the addition of OXE Marine to your portfolios can decrease your overall portfolio volatility.