Aker ASA (Norway) Odds of Future Stock Price Finishing Over 674.0
| AKER Stock | NOK 607.00 1.00 0.17% |
Aker |
Aker ASA Target Price Odds to finish over 674.0
The tendency of Aker 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 674.00 or more in 90 days |
| 607.00 | 90 days | 674.00 | near 1 |
Based on a normal probability distribution, the odds of Aker ASA to move over 674.00 or more in 90 days from now is near 1 (This Aker ASA probability density function shows the probability of Aker Stock to fall within a particular range of prices over 90 days) . Probability of Aker ASA price to stay between its current price of 607.00 and 674.00 at the end of the 90-day period is about 35.19 .
Assuming the 90 days trading horizon Aker ASA has a beta of -0.36. This suggests as returns on the benchmark increase, returns on holding Aker ASA are expected to decrease at a much lower rate. During a bear market, however, Aker ASA is likely to outperform the market. Additionally Aker ASA has an alpha of 0.0169, implying that it can generate a 0.0169 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Aker ASA Price Density |
| Price |
Predictive Modules for Aker 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 Aker 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 Aker 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.
Aker ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aker ASA is not an exception. The market had few large corrections towards the Aker 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 Aker ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aker ASA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | -0.36 | |
σ | Overall volatility | 23.30 | |
Ir | Information ratio | -0.07 |
Aker 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 Aker ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aker 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.| Aker ASA generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by company insiders |
Aker 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 Aker Stock often depends not only on the future outlook of the current and potential Aker 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. Aker ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 14.8 B |
Aker ASA Technical Analysis
Aker ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Aker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aker ASA. In general, you should focus on analyzing Aker Stock price patterns and their correlations with different microeconomic environments and drivers.
Aker ASA Predictive Forecast Models
Aker ASA's time-series forecasting models is one of many Aker 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 Aker 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 Aker ASA
Checking the ongoing alerts about Aker ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aker ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aker ASA generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are held by company insiders |
Check out Aker ASA Backtesting, Aker ASA Valuation, Aker ASA Correlation, Aker ASA Hype Analysis, Aker ASA Volatility, Aker ASA History as well as Aker ASA Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Aker Stock analysis
When running Aker ASA's price analysis, check to measure Aker 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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker 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 Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.
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