Alm Brand (Denmark) Probability of Future Stock Price Finishing Under 13.17
| ALMB Stock | DKK 13.73 0.13 0.94% |
Alm |
Alm Brand Target Price Odds to finish below 13.17
The tendency of Alm 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 kr 13.17 or more in 90 days |
| 13.73 | 90 days | 13.17 | about 75.52 |
Based on a normal probability distribution, the odds of Alm Brand to drop to kr 13.17 or more in 90 days from now is about 75.52 (This Alm Brand probability density function shows the probability of Alm Stock to fall within a particular range of prices over 90 days) . Probability of Alm Brand price to stay between kr 13.17 and its current price of kr13.73 at the end of the 90-day period is about 20.29 .
Assuming the 90 days trading horizon Alm Brand has a beta of 0.65. This suggests as returns on the market go up, Alm Brand average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alm Brand will be expected to be much smaller as well. Additionally Alm Brand has an alpha of 0.0938, implying that it can generate a 0.0938 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Alm Brand Price Density |
| Price |
Predictive Modules for Alm Brand
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alm Brand. 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 Alm Brand'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.
Alm Brand Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alm Brand is not an exception. The market had few large corrections towards the Alm Brand'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 Alm Brand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alm Brand within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 0.65 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0.06 |
Alm Brand 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 Alm Brand for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alm Brand 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 47.0% of the company shares are held by company insiders |
Alm Brand 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 Alm Stock often depends not only on the future outlook of the current and potential Alm Brand'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. Alm Brand's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Dividends Paid | -462 M | |
| Forward Annual Dividend Rate | 0.3 | |
| Shares Float | 1.5 B |
Alm Brand Technical Analysis
Alm Brand's future price can be derived by breaking down and analyzing its technical indicators over time. Alm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alm Brand. In general, you should focus on analyzing Alm Stock price patterns and their correlations with different microeconomic environments and drivers.
Alm Brand Predictive Forecast Models
Alm Brand's time-series forecasting models is one of many Alm Brand'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 Alm Brand'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 Alm Brand
Checking the ongoing alerts about Alm Brand for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alm Brand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 47.0% of the company shares are held by company insiders |
Other Information on Investing in Alm Stock
Alm Brand financial ratios help investors to determine whether Alm Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alm with respect to the benefits of owning Alm Brand security.