InCoax Networks (Sweden) Probability of Future Stock Price Finishing Under 0.5
| INCOAX Stock | SEK 0.50 0.01 2.04% |
InCoax |
InCoax Networks Target Price Odds to finish below 0.5
The tendency of InCoax 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 below current price in 90 days |
| 0.50 | 90 days | 0.50 | about 13.2 |
Based on a normal probability distribution, the odds of InCoax Networks to move below current price in 90 days from now is about 13.2 (This InCoax Networks AB probability density function shows the probability of InCoax Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon InCoax Networks AB has a beta of -0.33. This usually indicates as returns on the benchmark increase, returns on holding InCoax Networks are expected to decrease at a much lower rate. During a bear market, however, InCoax Networks AB is likely to outperform the market. Additionally InCoax Networks 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. InCoax Networks Price Density |
| Price |
Predictive Modules for InCoax Networks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as InCoax Networks 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.InCoax Networks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. InCoax Networks is not an exception. The market had few large corrections towards the InCoax Networks' 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 InCoax Networks AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of InCoax Networks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.11 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.19 |
InCoax Networks 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 InCoax Networks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for InCoax Networks 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.| InCoax Networks AB generated a negative expected return over the last 90 days | |
| InCoax Networks AB has high historical volatility and very poor performance | |
| InCoax Networks AB has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 20.89 M. Net Loss for the year was (24.5 M) with profit before overhead, payroll, taxes, and interest of 25.29 M. | |
| InCoax Networks AB has accumulated about 34.28 M in cash with (28.18 M) of positive cash flow from operations. | |
| Roughly 35.0% of the company shares are held by company insiders |
InCoax Networks 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 InCoax Stock often depends not only on the future outlook of the current and potential InCoax Networks' 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. InCoax Networks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.3 M | |
| Cash And Short Term Investments | 34.3 M |
InCoax Networks Technical Analysis
InCoax Networks' future price can be derived by breaking down and analyzing its technical indicators over time. InCoax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of InCoax Networks AB. In general, you should focus on analyzing InCoax Stock price patterns and their correlations with different microeconomic environments and drivers.
InCoax Networks Predictive Forecast Models
InCoax Networks' time-series forecasting models is one of many InCoax Networks' 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 InCoax Networks' 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 InCoax Networks AB
Checking the ongoing alerts about InCoax Networks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for InCoax Networks AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| InCoax Networks AB generated a negative expected return over the last 90 days | |
| InCoax Networks AB has high historical volatility and very poor performance | |
| InCoax Networks AB has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 20.89 M. Net Loss for the year was (24.5 M) with profit before overhead, payroll, taxes, and interest of 25.29 M. | |
| InCoax Networks AB has accumulated about 34.28 M in cash with (28.18 M) of positive cash flow from operations. | |
| Roughly 35.0% of the company shares are held by company insiders |
Other Information on Investing in InCoax Stock
InCoax Networks financial ratios help investors to determine whether InCoax 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 InCoax with respect to the benefits of owning InCoax Networks security.