Telenor ASA (Norway) Probability of Future Stock Price Finishing Under 121.7
| TEL Stock | NOK 127.90 1.50 1.19% |
Telenor |
Telenor ASA Target Price Odds to finish below 121.7
The tendency of Telenor 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 121.70 or more in 90 days |
| 127.90 | 90 days | 121.70 | about 76.18 |
Based on a normal probability distribution, the odds of Telenor ASA to drop to 121.70 or more in 90 days from now is about 76.18 (This Telenor ASA probability density function shows the probability of Telenor Stock to fall within a particular range of prices over 90 days) . Probability of Telenor ASA price to stay between 121.70 and its current price of 127.9 at the end of the 90-day period is about 22.05 .
Assuming the 90 days trading horizon Telenor ASA has a beta of 0.0745. This usually implies as returns on the market go up, Telenor ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Telenor ASA will be expected to be much smaller as well. Additionally Telenor ASA has an alpha of 0.0711, implying that it can generate a 0.0711 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Telenor ASA Price Density |
| Price |
Predictive Modules for Telenor ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Telenor ASA. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Telenor ASA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Telenor ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Telenor ASA is not an exception. The market had few large corrections towards the Telenor ASA'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 Telenor ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Telenor ASA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 4.29 | |
Ir | Information ratio | 0.02 |
Telenor ASA 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 Telenor ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Telenor ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 107.71 B in total debt with debt to equity ratio (D/E) of 4.94, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Telenor ASA has a current ratio of 0.69, 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 Telenor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Telenor ASA'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 Telenor ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telenor to invest in growth at high rates of return. When we think about Telenor ASA's use of debt, we should always consider it together with cash and equity. | |
| About 54.0% of Telenor ASA outstanding shares are owned by corporate insiders |
Telenor ASA 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 Telenor Stock often depends not only on the future outlook of the current and potential Telenor ASA'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. Telenor ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B | |
| Dividends Paid | 13 B | |
| Cash And Short Term Investments | 10.3 B | |
| Forward Annual Dividend Rate | 8.8 | |
| Shares Float | 643 M |
Telenor ASA Technical Analysis
Telenor ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Telenor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Telenor ASA. In general, you should focus on analyzing Telenor Stock price patterns and their correlations with different microeconomic environments and drivers.
Telenor ASA Predictive Forecast Models
Telenor ASA's time-series forecasting models is one of many Telenor ASA'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 Telenor ASA'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 Telenor ASA
Checking the ongoing alerts about Telenor ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Telenor ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 107.71 B in total debt with debt to equity ratio (D/E) of 4.94, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Telenor ASA has a current ratio of 0.69, 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 Telenor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Telenor ASA'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 Telenor ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Telenor to invest in growth at high rates of return. When we think about Telenor ASA's use of debt, we should always consider it together with cash and equity. | |
| About 54.0% of Telenor ASA outstanding shares are owned by corporate insiders |
Check out Telenor ASA Backtesting, Telenor ASA Valuation, Telenor ASA Correlation, Telenor ASA Hype Analysis, Telenor ASA Volatility, Telenor ASA History as well as Telenor ASA Performance. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Telenor Stock analysis
When running Telenor ASA's price analysis, check to measure Telenor ASA'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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.
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