Triboron International (Sweden) Probability of Future Stock Price Finishing Over 0.36
| TRIBO-B Stock | SEK 0.36 0.04 10.00% |
Triboron |
Triboron International Target Price Odds to finish over 0.36
The tendency of Triboron 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 |
| 0.36 | 90 days | 0.36 | about 98.0 |
Based on a normal probability distribution, the odds of Triboron International to move above the current price in 90 days from now is about 98.0 (This Triboron International AB probability density function shows the probability of Triboron Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Triboron International has a beta of 0.086. This usually implies as returns on the market go up, Triboron International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Triboron International AB will be expected to be much smaller as well. Additionally Triboron International AB 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. Triboron International Price Density |
| Price |
Predictive Modules for Triboron International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Triboron International. 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.Triboron International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Triboron International is not an exception. The market had few large corrections towards the Triboron International'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 Triboron International AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Triboron International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.05 |
Triboron International 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 Triboron International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Triboron International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Triboron International generated a negative expected return over the last 90 days | |
| Triboron International has some characteristics of a very speculative penny stock | |
| Triboron International has high historical volatility and very poor performance | |
| Triboron International has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 652 K. Net Loss for the year was (15.17 M) with profit before overhead, payroll, taxes, and interest of 165 K. | |
| Triboron International AB has accumulated about 321 K in cash with (11.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
Triboron International 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 Triboron Stock often depends not only on the future outlook of the current and potential Triboron International'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. Triboron International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 321 K |
Triboron International Technical Analysis
Triboron International's future price can be derived by breaking down and analyzing its technical indicators over time. Triboron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Triboron International AB. In general, you should focus on analyzing Triboron Stock price patterns and their correlations with different microeconomic environments and drivers.
Triboron International Predictive Forecast Models
Triboron International's time-series forecasting models is one of many Triboron International'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 Triboron International'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 Triboron International
Checking the ongoing alerts about Triboron International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Triboron International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Triboron International generated a negative expected return over the last 90 days | |
| Triboron International has some characteristics of a very speculative penny stock | |
| Triboron International has high historical volatility and very poor performance | |
| Triboron International has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 652 K. Net Loss for the year was (15.17 M) with profit before overhead, payroll, taxes, and interest of 165 K. | |
| Triboron International AB has accumulated about 321 K in cash with (11.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Triboron Stock
Triboron International financial ratios help investors to determine whether Triboron 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 Triboron with respect to the benefits of owning Triboron International security.