Kopy Goldfields (Sweden) Probability of Future Stock Price Finishing Over 0.3
| KOPY Stock | SEK 0.30 0.00 0.00% |
Kopy |
Kopy Goldfields Target Price Odds to finish over 0.3
The tendency of Kopy 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 |
| 0.30 | 90 days | 0.30 | about 90.76 |
Based on a normal probability distribution, the odds of Kopy Goldfields to move above the current price in 90 days from now is about 90.76 (This Kopy Goldfields publ probability density function shows the probability of Kopy Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kopy Goldfields publ has a beta of -0.44. This indicates as returns on the benchmark increase, returns on holding Kopy Goldfields are expected to decrease at a much lower rate. During a bear market, however, Kopy Goldfields publ is likely to outperform the market. Additionally Kopy Goldfields publ has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Kopy Goldfields Price Density |
| Price |
Predictive Modules for Kopy Goldfields
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kopy Goldfields publ. 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 Kopy Goldfields' 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.
Kopy Goldfields Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kopy Goldfields is not an exception. The market had few large corrections towards the Kopy Goldfields' 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 Kopy Goldfields publ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kopy Goldfields within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.32 | |
β | Beta against NYSE Composite | -0.44 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.11 |
Kopy Goldfields 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 Kopy Goldfields for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kopy Goldfields publ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kopy Goldfields publ generated a negative expected return over the last 90 days | |
| Kopy Goldfields publ has some characteristics of a very speculative penny stock | |
| Kopy Goldfields publ has high historical volatility and very poor performance | |
| About 88.0% of the company outstanding shares are owned by corporate insiders |
Kopy Goldfields 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 Kopy Stock often depends not only on the future outlook of the current and potential Kopy Goldfields' 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. Kopy Goldfields' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 816.5 M | |
| Cash And Short Term Investments | 6.1 M |
Kopy Goldfields Technical Analysis
Kopy Goldfields' future price can be derived by breaking down and analyzing its technical indicators over time. Kopy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kopy Goldfields publ. In general, you should focus on analyzing Kopy Stock price patterns and their correlations with different microeconomic environments and drivers.
Kopy Goldfields Predictive Forecast Models
Kopy Goldfields' time-series forecasting models is one of many Kopy Goldfields' 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 Kopy Goldfields' 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 Kopy Goldfields publ
Checking the ongoing alerts about Kopy Goldfields for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kopy Goldfields publ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kopy Goldfields publ generated a negative expected return over the last 90 days | |
| Kopy Goldfields publ has some characteristics of a very speculative penny stock | |
| Kopy Goldfields publ has high historical volatility and very poor performance | |
| About 88.0% of the company outstanding shares are owned by corporate insiders |
Check out Kopy Goldfields Backtesting, Kopy Goldfields Valuation, Kopy Goldfields Correlation, Kopy Goldfields Hype Analysis, Kopy Goldfields Volatility, Kopy Goldfields History as well as Kopy Goldfields Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Kopy Stock analysis
When running Kopy Goldfields' price analysis, check to measure Kopy Goldfields' 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 Kopy Goldfields is operating at the current time. Most of Kopy Goldfields' value examination focuses on studying past and present price action to predict the probability of Kopy Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kopy Goldfields' price. Additionally, you may evaluate how the addition of Kopy Goldfields to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |