Standard Supply (Norway) Probability of Future Stock Price Finishing Over 28.69
| STSU Stock | 22.95 2.90 14.46% |
Standard |
Standard Supply Target Price Odds to finish over 28.69
The tendency of Standard 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 28.69 or more in 90 days |
| 22.95 | 90 days | 28.69 | about 75.16 |
Based on a normal probability distribution, the odds of Standard Supply to move over 28.69 or more in 90 days from now is about 75.16 (This Standard Supply AS probability density function shows the probability of Standard Stock to fall within a particular range of prices over 90 days) . Probability of Standard Supply AS price to stay between its current price of 22.95 and 28.69 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Standard Supply has a beta of 0.61. This usually implies as returns on the market go up, Standard Supply average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Standard Supply AS will be expected to be much smaller as well. Additionally Standard Supply AS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Standard Supply Price Density |
| Price |
Predictive Modules for Standard Supply
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Standard Supply AS. 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.Standard Supply Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Standard Supply is not an exception. The market had few large corrections towards the Standard Supply'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 Standard Supply AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Standard Supply within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.4 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 45.93 | |
Ir | Information ratio | -0.13 |
Standard Supply 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 Standard Supply for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Standard Supply AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Standard Supply AS generated a negative expected return over the last 90 days | |
| Standard Supply AS has high historical volatility and very poor performance |
Standard Supply Technical Analysis
Standard Supply's future price can be derived by breaking down and analyzing its technical indicators over time. Standard Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Standard Supply AS. In general, you should focus on analyzing Standard Stock price patterns and their correlations with different microeconomic environments and drivers.
Standard Supply Predictive Forecast Models
Standard Supply's time-series forecasting models is one of many Standard Supply'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 Standard Supply'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 Standard Supply AS
Checking the ongoing alerts about Standard Supply for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Standard Supply AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Standard Supply AS generated a negative expected return over the last 90 days | |
| Standard Supply AS has high historical volatility and very poor performance |