Veidekke ASA (Norway) Probability of Future Stock Price Finishing Under 113.2
| VEI Stock | NOK 115.60 1.00 0.87% |
Veidekke |
Veidekke ASA Target Price Odds to finish below 113.2
The tendency of Veidekke 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 drop to 113.20 or more in 90 days |
| 115.60 | 90 days | 113.20 | about 71.85 |
Based on a normal probability distribution, the odds of Veidekke ASA to drop to 113.20 or more in 90 days from now is about 71.85 (This Veidekke ASA probability density function shows the probability of Veidekke Stock to fall within a particular range of prices over 90 days) . Probability of Veidekke ASA price to stay between 113.20 and its current price of 115.6 at the end of the 90-day period is about 10.19 .
Assuming the 90 days trading horizon Veidekke ASA has a beta of 0.3. This entails as returns on the market go up, Veidekke ASA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Veidekke ASA will be expected to be much smaller as well. Additionally Veidekke ASA has an alpha of 0.2562, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Veidekke ASA Price Density |
| Price |
Predictive Modules for Veidekke ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Veidekke ASA. 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 Veidekke ASA'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.
Veidekke ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Veidekke ASA is not an exception. The market had few large corrections towards the Veidekke ASA'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 Veidekke ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Veidekke ASA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.26 | |
β | Beta against NYSE Composite | 0.30 | |
σ | Overall volatility | 7.06 | |
Ir | Information ratio | 0.13 |
Veidekke ASA 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 Veidekke ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Veidekke ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Veidekke ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 23.0% of the company outstanding shares are owned by insiders |
Veidekke ASA 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 Veidekke Stock often depends not only on the future outlook of the current and potential Veidekke ASA'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. Veidekke ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.5 M | |
| Cash And Short Term Investments | 4.3 B |
Veidekke ASA Technical Analysis
Veidekke ASA's future price can be derived by breaking down and analyzing its technical indicators over time. Veidekke Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Veidekke ASA. In general, you should focus on analyzing Veidekke Stock price patterns and their correlations with different microeconomic environments and drivers.
Veidekke ASA Predictive Forecast Models
Veidekke ASA's time-series forecasting models is one of many Veidekke ASA'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 Veidekke ASA'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 Veidekke ASA
Checking the ongoing alerts about Veidekke ASA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Veidekke ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Veidekke ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 23.0% of the company outstanding shares are owned by insiders |
Check out Veidekke ASA Backtesting, Veidekke ASA Valuation, Veidekke ASA Correlation, Veidekke ASA Hype Analysis, Veidekke ASA Volatility, Veidekke ASA History as well as Veidekke ASA Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Veidekke Stock analysis
When running Veidekke ASA's price analysis, check to measure Veidekke ASA'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 Veidekke ASA is operating at the current time. Most of Veidekke ASA's value examination focuses on studying past and present price action to predict the probability of Veidekke ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veidekke ASA's price. Additionally, you may evaluate how the addition of Veidekke ASA to your portfolios can decrease your overall portfolio volatility.
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