Sparebank (Norway) Probability of Future Stock Price Finishing Over 142.00
| MING Stock | NOK 142.00 0.08 0.06% |
Sparebank |
Sparebank Target Price Odds to finish over 142.00
The tendency of Sparebank 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 |
| 142.00 | 90 days | 142.00 | about 7.25 |
Based on a normal probability distribution, the odds of Sparebank to move above the current price in 90 days from now is about 7.25 (This Sparebank 1 SMN probability density function shows the probability of Sparebank Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sparebank 1 SMN has a beta of -0.27. This indicates as returns on the benchmark increase, returns on holding Sparebank are expected to decrease at a much lower rate. During a bear market, however, Sparebank 1 SMN is likely to outperform the market. Additionally Sparebank 1 SMN has an alpha of 0.1193, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Sparebank Price Density |
| Price |
Predictive Modules for Sparebank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sparebank 1 SMN. 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 Sparebank'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.
Sparebank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sparebank is not an exception. The market had few large corrections towards the Sparebank'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 Sparebank 1 SMN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sparebank within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | -0.27 | |
σ | Overall volatility | 4.55 | |
Ir | Information ratio | 0.01 |
Sparebank 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 Sparebank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sparebank 1 SMN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sparebank 1 SMN has high likelihood to experience some financial distress in the next 2 years | |
| Sparebank 1 SMN has accumulated about 45.74 B in cash with (6.84 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 353.74. |
Sparebank 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 Sparebank Stock often depends not only on the future outlook of the current and potential Sparebank'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. Sparebank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 129.8 M |
Sparebank Technical Analysis
Sparebank's future price can be derived by breaking down and analyzing its technical indicators over time. Sparebank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sparebank 1 SMN. In general, you should focus on analyzing Sparebank Stock price patterns and their correlations with different microeconomic environments and drivers.
Sparebank Predictive Forecast Models
Sparebank's time-series forecasting models is one of many Sparebank'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 Sparebank'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 Sparebank 1 SMN
Checking the ongoing alerts about Sparebank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sparebank 1 SMN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sparebank 1 SMN has high likelihood to experience some financial distress in the next 2 years | |
| Sparebank 1 SMN has accumulated about 45.74 B in cash with (6.84 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 353.74. |
Check out Sparebank Backtesting, Sparebank Valuation, Sparebank Correlation, Sparebank Hype Analysis, Sparebank Volatility, Sparebank History as well as Sparebank Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's price analysis, check to measure Sparebank'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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
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