Resurs Holding (Sweden) Probability of Future Stock Price Finishing Under 22.77
| RESURS Stock | SEK 23.50 0.00 0.00% |
Resurs |
Resurs Holding Target Price Odds to finish below 22.77
The tendency of Resurs 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 22.77 or more in 90 days |
| 23.50 | 90 days | 22.77 | near 1 |
Based on a normal probability distribution, the odds of Resurs Holding to drop to kr 22.77 or more in 90 days from now is near 1 (This Resurs Holding AB probability density function shows the probability of Resurs Stock to fall within a particular range of prices over 90 days) . Probability of Resurs Holding AB price to stay between kr 22.77 and its current price of kr23.5 at the end of the 90-day period is about 46.65 .
Assuming the 90 days trading horizon Resurs Holding AB has a beta of -0.1 indicating as returns on the benchmark increase, returns on holding Resurs Holding are expected to decrease at a much lower rate. During a bear market, however, Resurs Holding AB is likely to outperform the market. Additionally Resurs Holding AB has an alpha of 0.0448, implying that it can generate a 0.0448 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Resurs Holding Price Density |
| Price |
Predictive Modules for Resurs Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Resurs Holding 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.Resurs Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Resurs Holding is not an exception. The market had few large corrections towards the Resurs Holding'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 Resurs Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Resurs Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.16 |
Resurs Holding 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 Resurs Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Resurs Holding 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.| Resurs Holding AB has accumulated about 6.51 B in cash with (540.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.54, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders |
Resurs Holding 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 Resurs Stock often depends not only on the future outlook of the current and potential Resurs Holding'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. Resurs Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200 M | |
| Cash And Short Term Investments | 215.6 M |
Resurs Holding Technical Analysis
Resurs Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Resurs Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Resurs Holding AB. In general, you should focus on analyzing Resurs Stock price patterns and their correlations with different microeconomic environments and drivers.
Resurs Holding Predictive Forecast Models
Resurs Holding's time-series forecasting models is one of many Resurs Holding'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 Resurs Holding'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 Resurs Holding AB
Checking the ongoing alerts about Resurs Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Resurs Holding AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Resurs Holding AB has accumulated about 6.51 B in cash with (540.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 32.54, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Resurs Stock
Resurs Holding financial ratios help investors to determine whether Resurs Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Resurs with respect to the benefits of owning Resurs Holding security.