Coloplast (Denmark) Probability of Future Stock Price Finishing Under 897.12
| COLO-B Stock | DKK 860.00 18.80 2.23% |
Coloplast |
Coloplast Target Price Odds to finish below 897.12
The tendency of Coloplast 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 stay under kr 897.12 after 90 days |
| 860.00 | 90 days | 897.12 | about 51.17 |
Based on a normal probability distribution, the odds of Coloplast to stay under kr 897.12 after 90 days from now is about 51.17 (This Coloplast AS probability density function shows the probability of Coloplast Stock to fall within a particular range of prices over 90 days) . Probability of Coloplast AS price to stay between its current price of kr 860.00 and kr 897.12 at the end of the 90-day period is about 27.61 .
Assuming the 90 days trading horizon Coloplast has a beta of 0.6 suggesting as returns on the market go up, Coloplast average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Coloplast AS will be expected to be much smaller as well. Additionally Coloplast AS has an alpha of 0.1024, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Coloplast Price Density |
| Price |
Predictive Modules for Coloplast
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coloplast AS. 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 Coloplast'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.
Coloplast Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coloplast is not an exception. The market had few large corrections towards the Coloplast'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 Coloplast AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coloplast within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.10 | |
β | Beta against NYSE Composite | 0.60 | |
σ | Overall volatility | 49.60 | |
Ir | Information ratio | 0.05 |
Coloplast 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 Coloplast for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coloplast AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 35.0% of the company shares are held by company insiders |
Coloplast 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 Coloplast Stock often depends not only on the future outlook of the current and potential Coloplast'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. Coloplast's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 209.1 M |
Coloplast Technical Analysis
Coloplast's future price can be derived by breaking down and analyzing its technical indicators over time. Coloplast Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coloplast AS. In general, you should focus on analyzing Coloplast Stock price patterns and their correlations with different microeconomic environments and drivers.
Coloplast Predictive Forecast Models
Coloplast's time-series forecasting models is one of many Coloplast'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 Coloplast'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 Coloplast AS
Checking the ongoing alerts about Coloplast for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coloplast AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 35.0% of the company shares are held by company insiders |
Check out Coloplast Backtesting, Coloplast Valuation, Coloplast Correlation, Coloplast Hype Analysis, Coloplast Volatility, Coloplast History as well as Coloplast Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Coloplast Stock analysis
When running Coloplast's price analysis, check to measure Coloplast'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 Coloplast is operating at the current time. Most of Coloplast's value examination focuses on studying past and present price action to predict the probability of Coloplast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coloplast's price. Additionally, you may evaluate how the addition of Coloplast to your portfolios can decrease your overall portfolio volatility.
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