SKAGEN M (Denmark) Odds of Future Stock Price Finishing Over 139.35
| SKIM2 Stock | DKK 162.60 1.20 0.73% |
SKAGEN |
SKAGEN M Target Price Odds to finish over 139.35
The tendency of SKAGEN 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 above kr 139.35 in 90 days |
| 162.60 | 90 days | 139.35 | close to 99 |
Based on a normal probability distribution, the odds of SKAGEN M to stay above kr 139.35 in 90 days from now is close to 99 (This SKAGEN m probability density function shows the probability of SKAGEN Stock to fall within a particular range of prices over 90 days) . Probability of SKAGEN m price to stay between kr 139.35 and its current price of kr162.6 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon SKAGEN m has a beta of -0.21. This usually implies as returns on the benchmark increase, returns on holding SKAGEN M are expected to decrease at a much lower rate. During a bear market, however, SKAGEN m is likely to outperform the market. Additionally SKAGEN m has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. SKAGEN M Price Density |
| Price |
Predictive Modules for SKAGEN M
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SKAGEN m. 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 SKAGEN M'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.
SKAGEN M Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SKAGEN M is not an exception. The market had few large corrections towards the SKAGEN M'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 SKAGEN m, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SKAGEN M within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | -0.21 | |
σ | Overall volatility | 1.74 | |
Ir | Information ratio | -0.16 |
SKAGEN M 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 SKAGEN M for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SKAGEN m can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SKAGEN m generated a negative expected return over the last 90 days |
SKAGEN M Technical Analysis
SKAGEN M's future price can be derived by breaking down and analyzing its technical indicators over time. SKAGEN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SKAGEN m. In general, you should focus on analyzing SKAGEN Stock price patterns and their correlations with different microeconomic environments and drivers.
SKAGEN M Predictive Forecast Models
SKAGEN M's time-series forecasting models is one of many SKAGEN M'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 SKAGEN M'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 SKAGEN m
Checking the ongoing alerts about SKAGEN M for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SKAGEN m help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SKAGEN m generated a negative expected return over the last 90 days |
Check out SKAGEN M Backtesting, SKAGEN M Valuation, SKAGEN M Correlation, SKAGEN M Hype Analysis, SKAGEN M Volatility, SKAGEN M History as well as SKAGEN M Performance. Note that the SKAGEN m information on this page should be used as a complementary analysis to other SKAGEN M's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for SKAGEN Stock analysis
When running SKAGEN M's price analysis, check to measure SKAGEN M'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 SKAGEN M is operating at the current time. Most of SKAGEN M's value examination focuses on studying past and present price action to predict the probability of SKAGEN M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKAGEN M's price. Additionally, you may evaluate how the addition of SKAGEN M to your portfolios can decrease your overall portfolio volatility.
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