NEOBO FASTIGHETER (Sweden) Probability of Future Stock Price Finishing Over 20.40
| NEOBO Stock | 18.46 0.05 0.27% |
NEOBO |
NEOBO FASTIGHETER Target Price Odds to finish over 20.40
The tendency of NEOBO 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 20.40 or more in 90 days |
| 18.46 | 90 days | 20.40 | near 1 |
Based on a normal probability distribution, the odds of NEOBO FASTIGHETER to move over 20.40 or more in 90 days from now is near 1 (This NEOBO FASTIGHETER probability density function shows the probability of NEOBO Stock to fall within a particular range of prices over 90 days) . Probability of NEOBO FASTIGHETER price to stay between its current price of 18.46 and 20.40 at the end of the 90-day period is about 16.86 .
Assuming the 90 days trading horizon NEOBO FASTIGHETER has a beta of 0.49. This indicates as returns on the market go up, NEOBO FASTIGHETER average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NEOBO FASTIGHETER will be expected to be much smaller as well. Additionally NEOBO FASTIGHETER has an alpha of 0.178, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NEOBO FASTIGHETER Price Density |
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Predictive Modules for NEOBO FASTIGHETER
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEOBO FASTIGHETER. 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.NEOBO FASTIGHETER Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NEOBO FASTIGHETER is not an exception. The market had few large corrections towards the NEOBO FASTIGHETER'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 NEOBO FASTIGHETER, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NEOBO FASTIGHETER within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 1.02 | |
Ir | Information ratio | 0.07 |
NEOBO FASTIGHETER Technical Analysis
NEOBO FASTIGHETER's future price can be derived by breaking down and analyzing its technical indicators over time. NEOBO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NEOBO FASTIGHETER. In general, you should focus on analyzing NEOBO Stock price patterns and their correlations with different microeconomic environments and drivers.
NEOBO FASTIGHETER Predictive Forecast Models
NEOBO FASTIGHETER's time-series forecasting models is one of many NEOBO FASTIGHETER'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 NEOBO FASTIGHETER'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NEOBO FASTIGHETER in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NEOBO FASTIGHETER's short interest history, or implied volatility extrapolated from NEOBO FASTIGHETER options trading.
Additional Tools for NEOBO Stock Analysis
When running NEOBO FASTIGHETER's price analysis, check to measure NEOBO FASTIGHETER'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 NEOBO FASTIGHETER is operating at the current time. Most of NEOBO FASTIGHETER's value examination focuses on studying past and present price action to predict the probability of NEOBO FASTIGHETER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEOBO FASTIGHETER's price. Additionally, you may evaluate how the addition of NEOBO FASTIGHETER to your portfolios can decrease your overall portfolio volatility.