Pf Bakkafrost (Norway) Probability of Future Stock Price Finishing Over 672.50
| BAKKA Stock | NOK 672.50 10.50 1.59% |
BAKKA |
Pf Bakkafrost Target Price Odds to finish over 672.50
The tendency of BAKKA 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 above the current price in 90 days |
| 672.50 | 90 days | 672.50 | about 20.46 |
Based on a normal probability distribution, the odds of Pf Bakkafrost to move above the current price in 90 days from now is about 20.46 (This Pf Bakkafrost probability density function shows the probability of BAKKA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Pf Bakkafrost has a beta of -0.0348 suggesting as returns on the benchmark increase, returns on holding Pf Bakkafrost are expected to decrease at a much lower rate. During a bear market, however, Pf Bakkafrost is likely to outperform the market. Additionally Pf Bakkafrost has an alpha of 0.2536, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Pf Bakkafrost Price Density |
| Price |
Predictive Modules for Pf Bakkafrost
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pf Bakkafrost. 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 Pf Bakkafrost'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.
Pf Bakkafrost Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pf Bakkafrost is not an exception. The market had few large corrections towards the Pf Bakkafrost'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 Pf Bakkafrost, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pf Bakkafrost within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | -0.03 | |
σ | Overall volatility | 37.35 | |
Ir | Information ratio | 0.11 |
Pf Bakkafrost 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 Pf Bakkafrost for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pf Bakkafrost 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 70.0% of the company shares are held by institutions such as insurance companies |
Pf Bakkafrost 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 BAKKA Stock often depends not only on the future outlook of the current and potential Pf Bakkafrost'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. Pf Bakkafrost's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 59.1 M | |
| Cash And Short Term Investments | 509.2 M |
Pf Bakkafrost Technical Analysis
Pf Bakkafrost's future price can be derived by breaking down and analyzing its technical indicators over time. BAKKA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pf Bakkafrost. In general, you should focus on analyzing BAKKA Stock price patterns and their correlations with different microeconomic environments and drivers.
Pf Bakkafrost Predictive Forecast Models
Pf Bakkafrost's time-series forecasting models is one of many Pf Bakkafrost'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 Pf Bakkafrost'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 Pf Bakkafrost
Checking the ongoing alerts about Pf Bakkafrost for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pf Bakkafrost help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 70.0% of the company shares are held by institutions such as insurance companies |
Check out Pf Bakkafrost Backtesting, Pf Bakkafrost Valuation, Pf Bakkafrost Correlation, Pf Bakkafrost Hype Analysis, Pf Bakkafrost Volatility, Pf Bakkafrost History as well as Pf Bakkafrost Performance. Note that the Pf Bakkafrost information on this page should be used as a complementary analysis to other Pf Bakkafrost'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for BAKKA Stock analysis
When running Pf Bakkafrost's price analysis, check to measure Pf Bakkafrost'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 Pf Bakkafrost is operating at the current time. Most of Pf Bakkafrost's value examination focuses on studying past and present price action to predict the probability of Pf Bakkafrost's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pf Bakkafrost's price. Additionally, you may evaluate how the addition of Pf Bakkafrost to your portfolios can decrease your overall portfolio volatility.
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