Scout Gaming (Sweden) Probability of Future Stock Price Finishing Under 0
| SCOUT Stock | SEK 0.26 0.01 4.00% |
Scout |
Scout Gaming Target Price Odds to finish below 0
The tendency of Scout 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 0.00 or more in 90 days |
| 0.26 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Scout Gaming to drop to kr 0.00 or more in 90 days from now is near 1 (This Scout Gaming Group probability density function shows the probability of Scout Stock to fall within a particular range of prices over 90 days) . Probability of Scout Gaming Group price to stay between kr 0.00 and its current price of kr0.26 at the end of the 90-day period is about 32.35 .
Assuming the 90 days trading horizon Scout Gaming Group has a beta of -0.39. This usually implies as returns on the benchmark increase, returns on holding Scout Gaming are expected to decrease at a much lower rate. During a bear market, however, Scout Gaming Group is likely to outperform the market. Additionally Scout Gaming Group has an alpha of 0.1673, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Scout Gaming Price Density |
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Predictive Modules for Scout Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scout Gaming 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Scout Gaming'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.
Scout Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scout Gaming is not an exception. The market had few large corrections towards the Scout Gaming'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 Scout Gaming Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scout Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0 |
Scout Gaming 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 Scout Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scout Gaming 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.| Scout Gaming Group had very high historical volatility over the last 90 days | |
| Scout Gaming Group has some characteristics of a very speculative penny stock | |
| Scout Gaming Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 31.79 M. Net Loss for the year was (71.68 M) with loss before overhead, payroll, taxes, and interest of (21.31 M). | |
| Scout Gaming Group has accumulated about 49.41 M in cash with (57.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Scout Gaming 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 Scout Stock often depends not only on the future outlook of the current and potential Scout Gaming'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. Scout Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.5 M | |
| Cash And Short Term Investments | 49.5 M |
Scout Gaming Technical Analysis
Scout Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Scout Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scout Gaming Group. In general, you should focus on analyzing Scout Stock price patterns and their correlations with different microeconomic environments and drivers.
Scout Gaming Predictive Forecast Models
Scout Gaming's time-series forecasting models is one of many Scout Gaming'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 Scout Gaming'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 Scout Gaming Group
Checking the ongoing alerts about Scout Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scout Gaming Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scout Gaming Group had very high historical volatility over the last 90 days | |
| Scout Gaming Group has some characteristics of a very speculative penny stock | |
| Scout Gaming Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 31.79 M. Net Loss for the year was (71.68 M) with loss before overhead, payroll, taxes, and interest of (21.31 M). | |
| Scout Gaming Group has accumulated about 49.41 M in cash with (57.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Scout Stock Analysis
When running Scout Gaming's price analysis, check to measure Scout Gaming'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 Scout Gaming is operating at the current time. Most of Scout Gaming's value examination focuses on studying past and present price action to predict the probability of Scout Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scout Gaming's price. Additionally, you may evaluate how the addition of Scout Gaming to your portfolios can decrease your overall portfolio volatility.