Akva (Norway) Chance of Future Stock Price Finishing Over 67.67
AKVA Stock | NOK 65.60 0.20 0.30% |
Akva |
Akva Target Price Odds to finish over 67.67
The tendency of Akva 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 67.67 or more in 90 days |
65.60 | 90 days | 67.67 | about 17.42 |
Based on a normal probability distribution, the odds of Akva to move over 67.67 or more in 90 days from now is about 17.42 (This Akva Group probability density function shows the probability of Akva Stock to fall within a particular range of prices over 90 days) . Probability of Akva Group price to stay between its current price of 65.60 and 67.67 at the end of the 90-day period is about 9.01 .
Assuming the 90 days trading horizon Akva has a beta of 0.12. This suggests as returns on the market go up, Akva average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Akva Group will be expected to be much smaller as well. Additionally Akva Group has an alpha of 0.2727, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Akva Price Density |
Price |
Predictive Modules for Akva
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akva Group. 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 Akva'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.
Akva Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Akva is not an exception. The market had few large corrections towards the Akva'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 Akva Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Akva within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | 0.12 | |
σ | Overall volatility | 6.73 | |
Ir | Information ratio | 0.07 |
Akva 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 Akva for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Akva Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Akva Group had very high historical volatility over the last 90 days | |
Akva Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
About 71.0% of the company shares are held by company insiders |
Akva 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 Akva Stock often depends not only on the future outlook of the current and potential Akva'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. Akva's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 33.1 M | |
Cash And Short Term Investments | 303.4 M |
Akva Technical Analysis
Akva's future price can be derived by breaking down and analyzing its technical indicators over time. Akva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Akva Group. In general, you should focus on analyzing Akva Stock price patterns and their correlations with different microeconomic environments and drivers.
Akva Predictive Forecast Models
Akva's time-series forecasting models is one of many Akva'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 Akva'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 Akva Group
Checking the ongoing alerts about Akva for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Akva Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Akva Group had very high historical volatility over the last 90 days | |
Akva Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
About 71.0% of the company shares are held by company insiders |
Check out Akva Backtesting, Akva Valuation, Akva Correlation, Akva Hype Analysis, Akva Volatility, Akva History as well as Akva Performance. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Akva Stock analysis
When running Akva's price analysis, check to measure Akva'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 Akva is operating at the current time. Most of Akva's value examination focuses on studying past and present price action to predict the probability of Akva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akva's price. Additionally, you may evaluate how the addition of Akva to your portfolios can decrease your overall portfolio volatility.
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