Qiiwi Games (Sweden) Probability of Future Stock Price Finishing Over 5.15
| QIIWI Stock | SEK 2.32 0.05 2.11% |
Qiiwi |
Qiiwi Games Target Price Odds to finish over 5.15
The tendency of Qiiwi 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 kr 5.15 or more in 90 days |
| 2.32 | 90 days | 5.15 | near 1 |
Based on a normal probability distribution, the odds of Qiiwi Games to move over kr 5.15 or more in 90 days from now is near 1 (This Qiiwi Games AB probability density function shows the probability of Qiiwi Stock to fall within a particular range of prices over 90 days) . Probability of Qiiwi Games AB price to stay between its current price of kr 2.32 and kr 5.15 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Qiiwi Games AB has a beta of -0.54 indicating as returns on the benchmark increase, returns on holding Qiiwi Games are expected to decrease at a much lower rate. During a bear market, however, Qiiwi Games AB is likely to outperform the market. Additionally Qiiwi Games 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. Qiiwi Games Price Density |
| Price |
Predictive Modules for Qiiwi Games
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qiiwi Games 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.Qiiwi Games Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Qiiwi Games is not an exception. The market had few large corrections towards the Qiiwi Games' 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 Qiiwi Games AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Qiiwi Games within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.06 |
Qiiwi Games 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 Qiiwi Games for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Qiiwi Games 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.| Qiiwi Games AB generated a negative expected return over the last 90 days | |
| Qiiwi Games AB has high historical volatility and very poor performance | |
| Qiiwi Games AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 38.5 M. Net Loss for the year was (10.52 M) with profit before overhead, payroll, taxes, and interest of 55.81 M. | |
| Qiiwi Games AB has accumulated about 70.5 M in cash with (12.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.64, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
Qiiwi Games 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 Qiiwi Stock often depends not only on the future outlook of the current and potential Qiiwi Games' 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. Qiiwi Games' indicators that are reflective of the short sentiment are summarized in the table below.
Qiiwi Games Technical Analysis
Qiiwi Games' future price can be derived by breaking down and analyzing its technical indicators over time. Qiiwi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Qiiwi Games AB. In general, you should focus on analyzing Qiiwi Stock price patterns and their correlations with different microeconomic environments and drivers.
Qiiwi Games Predictive Forecast Models
Qiiwi Games' time-series forecasting models is one of many Qiiwi Games' 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 Qiiwi Games' 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 Qiiwi Games AB
Checking the ongoing alerts about Qiiwi Games for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Qiiwi Games AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Qiiwi Games AB generated a negative expected return over the last 90 days | |
| Qiiwi Games AB has high historical volatility and very poor performance | |
| Qiiwi Games AB has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 38.5 M. Net Loss for the year was (10.52 M) with profit before overhead, payroll, taxes, and interest of 55.81 M. | |
| Qiiwi Games AB has accumulated about 70.5 M in cash with (12.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.64, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Qiiwi Stock Analysis
When running Qiiwi Games' price analysis, check to measure Qiiwi Games' 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 Qiiwi Games is operating at the current time. Most of Qiiwi Games' value examination focuses on studying past and present price action to predict the probability of Qiiwi Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qiiwi Games' price. Additionally, you may evaluate how the addition of Qiiwi Games to your portfolios can decrease your overall portfolio volatility.