Swedencare Publ (Sweden) Probability of Future Stock Price Finishing Over 49.60
| SECARE Stock | SEK 49.60 0.94 1.93% |
Swedencare |
Swedencare Publ Target Price Odds to finish over 49.60
The tendency of Swedencare 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 above the current price in 90 days |
| 49.60 | 90 days | 49.60 | near 1 |
Based on a normal probability distribution, the odds of Swedencare Publ to move above the current price in 90 days from now is near 1 (This Swedencare publ AB probability density function shows the probability of Swedencare Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Swedencare publ AB has a beta of -0.64. This usually implies as returns on the benchmark increase, returns on holding Swedencare Publ are expected to decrease at a much lower rate. During a bear market, however, Swedencare publ AB is likely to outperform the market. Additionally Swedencare publ AB has an alpha of 0.3887, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Swedencare Publ Price Density |
| Price |
Predictive Modules for Swedencare Publ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Swedencare publ 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.Swedencare Publ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Swedencare Publ is not an exception. The market had few large corrections towards the Swedencare Publ'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 Swedencare publ AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Swedencare Publ within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.64 | |
σ | Overall volatility | 2.30 | |
Ir | Information ratio | 0.09 |
Swedencare Publ 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 Swedencare Publ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Swedencare publ 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.| About 64.0% of the company outstanding shares are owned by corporate insiders |
Swedencare Publ 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 Swedencare Stock often depends not only on the future outlook of the current and potential Swedencare Publ'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. Swedencare Publ's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.8 M | |
| Cash And Short Term Investments | 136.1 M |
Swedencare Publ Technical Analysis
Swedencare Publ's future price can be derived by breaking down and analyzing its technical indicators over time. Swedencare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Swedencare publ AB. In general, you should focus on analyzing Swedencare Stock price patterns and their correlations with different microeconomic environments and drivers.
Swedencare Publ Predictive Forecast Models
Swedencare Publ's time-series forecasting models is one of many Swedencare Publ'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 Swedencare Publ'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 Swedencare publ AB
Checking the ongoing alerts about Swedencare Publ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Swedencare publ AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 64.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Swedencare Stock
Swedencare Publ financial ratios help investors to determine whether Swedencare 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 Swedencare with respect to the benefits of owning Swedencare Publ security.