Vitec Software (Sweden) Probability of Future Stock Price Finishing Under 456.48
| VIT-B Stock | SEK 488.60 6.00 1.24% |
Vitec |
Vitec Software Target Price Odds to finish below 456.48
The tendency of Vitec 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 456.48 or more in 90 days |
| 488.60 | 90 days | 456.48 | about 8.32 |
Based on a normal probability distribution, the odds of Vitec Software to drop to kr 456.48 or more in 90 days from now is about 8.32 (This Vitec Software Group probability density function shows the probability of Vitec Stock to fall within a particular range of prices over 90 days) . Probability of Vitec Software Group price to stay between kr 456.48 and its current price of kr488.6 at the end of the 90-day period is about 34.17 .
Assuming the 90 days trading horizon Vitec Software Group has a beta of -0.38. This entails as returns on the benchmark increase, returns on holding Vitec Software are expected to decrease at a much lower rate. During a bear market, however, Vitec Software Group is likely to outperform the market. Additionally Vitec Software Group 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. Vitec Software Price Density |
| Price |
Predictive Modules for Vitec Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vitec Software 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.Vitec Software Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vitec Software is not an exception. The market had few large corrections towards the Vitec Software'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 Vitec Software Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vitec Software within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 26.96 | |
Ir | Information ratio | -0.12 |
Vitec Software 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 Vitec Software for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vitec Software 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.| Vitec Software Group generated a negative expected return over the last 90 days | |
| Vitec Software Group has accumulated kr754.63 Million in debt which can lead to volatile earnings | |
| Vitec Software Group has accumulated 754.63 M in total debt with debt to equity ratio (D/E) of 71.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Vitec Software Group has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Vitec Software until it has trouble settling it off, either with new capital or with free cash flow. So, Vitec Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vitec Software Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vitec to invest in growth at high rates of return. When we think about Vitec Software's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Vitec Software outstanding shares are owned by institutional investors |
Vitec Software 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 Vitec Stock often depends not only on the future outlook of the current and potential Vitec Software'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. Vitec Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.3 M | |
| Cash And Short Term Investments | 119.9 M |
Vitec Software Technical Analysis
Vitec Software's future price can be derived by breaking down and analyzing its technical indicators over time. Vitec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vitec Software Group. In general, you should focus on analyzing Vitec Stock price patterns and their correlations with different microeconomic environments and drivers.
Vitec Software Predictive Forecast Models
Vitec Software's time-series forecasting models is one of many Vitec Software'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 Vitec Software'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 Vitec Software Group
Checking the ongoing alerts about Vitec Software for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vitec Software Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vitec Software Group generated a negative expected return over the last 90 days | |
| Vitec Software Group has accumulated kr754.63 Million in debt which can lead to volatile earnings | |
| Vitec Software Group has accumulated 754.63 M in total debt with debt to equity ratio (D/E) of 71.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Vitec Software Group has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Vitec Software until it has trouble settling it off, either with new capital or with free cash flow. So, Vitec Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vitec Software Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vitec to invest in growth at high rates of return. When we think about Vitec Software's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Vitec Software outstanding shares are owned by institutional investors |
Additional Tools for Vitec Stock Analysis
When running Vitec Software's price analysis, check to measure Vitec Software'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 Vitec Software is operating at the current time. Most of Vitec Software's value examination focuses on studying past and present price action to predict the probability of Vitec Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitec Software's price. Additionally, you may evaluate how the addition of Vitec Software to your portfolios can decrease your overall portfolio volatility.