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Atlantic Probability of Target Price Finishing Over Current Price

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ATLA-DKK -- Denmark Stock  

DKK 4.85  0.09  1.89%

Atlantic Petroleum probability of target price tool provides mechanism to make assumptions about upside and downside potential of Atlantic Petroleum PF performance during a given time horizon utilizing its historical volatility.
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Please specify Atlantic Petroleum time horizon, a valid symbol (red box) and a target price (blue box) you would like Atlantic Petroleum odds to be computed. Please continue to Atlantic Petroleum Backtesting, Atlantic Petroleum Valuation, Atlantic Petroleum Correlation, Atlantic Petroleum Hype Analysis, Atlantic Petroleum Volatility, Atlantic Petroleum History as well as Atlantic Petroleum Performance.
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Atlantic Petroleum Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 4.85 30 days 4.85 
about 86.98
Based on normal probability distribution, the odds of Atlantic Petroleum to move above current price in 30 days from now is about 86.98 (This Atlantic Petroleum PF probability density function shows the probability of Atlantic Petroleum Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Atlantic Petroleum PF has beta of -0.6217 . This suggests as returns on benchmark increase, returns on holding Atlantic Petroleum are expected to decrease at a much smaller rate. During bear market, however, Atlantic Petroleum PF is likely to outperform the market. Additionally The company has an alpha of 0.2596 implying that it can potentially generate 0.2596% excess return over DOW after adjusting for the inherited market risk (beta).
 Atlantic Petroleum Price Density 
    
  Price 
α
Alpha over DOW
=0.26
β
Beta against DOW=0.62
σ
Overall volatility
=0.72
Ir
Information ratio =0.05

Atlantic Petroleum Alerts and Suggestions

Atlantic Petroleum appears to be very risky and stock price may revert if volatility continues
Atlantic Petroleum has high likelihood to experience some financial distress in the next 2 years
Atlantic Petroleum has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 88.95 M in total debt with debt to equity ratio (D/E) of 113.8 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atlantic Petroleum has Current Ratio of 0.37 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Atlantic PetroleumPrice Density Drivers

Average Daily Volume Last 10 Day10.49k
Average Daily Volume In Three Month10.59k
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