Aker Biomarine (Norway) Probability of Future Stock Price Finishing Under 65.7
| AKBM Stock | 71.30 1.30 1.79% |
Aker |
Aker Biomarine Target Price Odds to finish below 65.7
The tendency of Aker 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 65.70 or more in 90 days |
| 71.30 | 90 days | 65.70 | about 80.19 |
Based on a normal probability distribution, the odds of Aker Biomarine to drop to 65.70 or more in 90 days from now is about 80.19 (This Aker Biomarine AS probability density function shows the probability of Aker Stock to fall within a particular range of prices over 90 days) . Probability of Aker Biomarine AS price to stay between 65.70 and its current price of 71.3 at the end of the 90-day period is about 12.21 .
Assuming the 90 days trading horizon Aker Biomarine has a beta of 0.1. This suggests as returns on the market go up, Aker Biomarine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aker Biomarine AS will be expected to be much smaller as well. Additionally Aker Biomarine AS has an alpha of 0.695, implying that it can generate a 0.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Aker Biomarine Price Density |
| Price |
Predictive Modules for Aker Biomarine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aker Biomarine AS. 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 Aker Biomarine'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.
Aker Biomarine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aker Biomarine is not an exception. The market had few large corrections towards the Aker Biomarine'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 Aker Biomarine AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aker Biomarine within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.70 | |
β | Beta against NYSE Composite | 0.10 | |
σ | Overall volatility | 9.54 | |
Ir | Information ratio | 0.24 |
Aker Biomarine 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 Aker Biomarine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aker Biomarine AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 262.06 M. Net Loss for the year was (8.01 M) with profit before overhead, payroll, taxes, and interest of 88.06 M. | |
| About 82.0% of the company shares are held by company insiders |
Aker Biomarine 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 Aker Stock often depends not only on the future outlook of the current and potential Aker Biomarine'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. Aker Biomarine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 87.6 M | |
| Cash And Short Term Investments | 9.1 M |
Aker Biomarine Technical Analysis
Aker Biomarine's future price can be derived by breaking down and analyzing its technical indicators over time. Aker Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aker Biomarine AS. In general, you should focus on analyzing Aker Stock price patterns and their correlations with different microeconomic environments and drivers.
Aker Biomarine Predictive Forecast Models
Aker Biomarine's time-series forecasting models is one of many Aker Biomarine'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 Aker Biomarine'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 Aker Biomarine AS
Checking the ongoing alerts about Aker Biomarine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aker Biomarine AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 262.06 M. Net Loss for the year was (8.01 M) with profit before overhead, payroll, taxes, and interest of 88.06 M. | |
| About 82.0% of the company shares are held by company insiders |
Check out Aker Biomarine Backtesting, Aker Biomarine Valuation, Aker Biomarine Correlation, Aker Biomarine Hype Analysis, Aker Biomarine Volatility, Aker Biomarine History as well as Aker Biomarine Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Aker Stock analysis
When running Aker Biomarine's price analysis, check to measure Aker Biomarine'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 Aker Biomarine is operating at the current time. Most of Aker Biomarine's value examination focuses on studying past and present price action to predict the probability of Aker Biomarine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker Biomarine's price. Additionally, you may evaluate how the addition of Aker Biomarine to your portfolios can decrease your overall portfolio volatility.
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