DORO AB (Sweden) Odds of Future Stock Price Finishing Over 41.15
| DORO Stock | SEK 21.50 0.20 0.92% |
DORO |
DORO AB Target Price Odds to finish over 41.15
The tendency of DORO 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 41.15 or more in 90 days |
| 21.50 | 90 days | 41.15 | near 1 |
Based on a normal probability distribution, the odds of DORO AB to move over kr 41.15 or more in 90 days from now is near 1 (This DORO AB probability density function shows the probability of DORO Stock to fall within a particular range of prices over 90 days) . Probability of DORO AB price to stay between its current price of kr 21.50 and kr 41.15 at the end of the 90-day period is about 76.64 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.28 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DORO AB will likely underperform. Additionally DORO AB has an alpha of 0.0085, implying that it can generate a 0.008544 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). DORO AB Price Density |
| Price |
Predictive Modules for DORO AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DORO 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DORO AB'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.
DORO AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DORO AB is not an exception. The market had few large corrections towards the DORO AB'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 DORO AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DORO AB within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 1.28 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | 0.01 |
DORO AB 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 DORO AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DORO 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.| DORO AB had very high historical volatility over the last 90 days | |
| About 33.0% of the company shares are held by company insiders |
DORO AB 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 DORO Stock often depends not only on the future outlook of the current and potential DORO AB'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. DORO AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 179.1 M |
DORO AB Technical Analysis
DORO AB's future price can be derived by breaking down and analyzing its technical indicators over time. DORO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DORO AB. In general, you should focus on analyzing DORO Stock price patterns and their correlations with different microeconomic environments and drivers.
DORO AB Predictive Forecast Models
DORO AB's time-series forecasting models is one of many DORO AB'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 DORO AB'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 DORO AB
Checking the ongoing alerts about DORO AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DORO AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DORO AB had very high historical volatility over the last 90 days | |
| About 33.0% of the company shares are held by company insiders |
Check out DORO AB Backtesting, DORO AB Valuation, DORO AB Correlation, DORO AB Hype Analysis, DORO AB Volatility, DORO AB History as well as DORO AB Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for DORO Stock analysis
When running DORO AB's price analysis, check to measure DORO AB'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 DORO AB is operating at the current time. Most of DORO AB's value examination focuses on studying past and present price action to predict the probability of DORO AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DORO AB's price. Additionally, you may evaluate how the addition of DORO AB to your portfolios can decrease your overall portfolio volatility.
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