Kongsberg Gruppen Asa Stock Probability of Future Pink Sheet Price Finishing Under 47.46
| NSKFF Stock | USD 83.09 0.00 0.00% |
Kongsberg |
Kongsberg Gruppen Target Price Odds to finish below 47.46
The tendency of Kongsberg Pink Sheet 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 $ 47.46 or more in 90 days |
| 83.09 | 90 days | 47.46 | near 1 |
Based on a normal probability distribution, the odds of Kongsberg Gruppen to drop to $ 47.46 or more in 90 days from now is near 1 (This Kongsberg Gruppen ASA probability density function shows the probability of Kongsberg Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Kongsberg Gruppen ASA price to stay between $ 47.46 and its current price of $83.09 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days horizon Kongsberg Gruppen has a beta of 0.56. This indicates as returns on the market go up, Kongsberg Gruppen average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kongsberg Gruppen ASA will be expected to be much smaller as well. Additionally Kongsberg Gruppen ASA has an alpha of 0.6326, implying that it can generate a 0.63 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Kongsberg Gruppen Price Density |
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Predictive Modules for Kongsberg Gruppen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kongsberg Gruppen ASA. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Kongsberg Gruppen'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.
Kongsberg Gruppen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kongsberg Gruppen is not an exception. The market had few large corrections towards the Kongsberg Gruppen'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 Kongsberg Gruppen ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kongsberg Gruppen within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.63 | |
β | Beta against NYSE Composite | 0.56 | |
σ | Overall volatility | 8.84 | |
Ir | Information ratio | 0.12 |
Kongsberg Gruppen 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 Kongsberg Gruppen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kongsberg Gruppen 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.| Kongsberg Gruppen is way too risky over 90 days horizon | |
| Kongsberg Gruppen appears to be risky and price may revert if volatility continues | |
| About 54.0% of the company outstanding shares are owned by corporate insiders |
Kongsberg Gruppen 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 Kongsberg Pink Sheet often depends not only on the future outlook of the current and potential Kongsberg Gruppen'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. Kongsberg Gruppen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 178.2 M |
Kongsberg Gruppen Technical Analysis
Kongsberg Gruppen's future price can be derived by breaking down and analyzing its technical indicators over time. Kongsberg Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kongsberg Gruppen ASA. In general, you should focus on analyzing Kongsberg Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Kongsberg Gruppen Predictive Forecast Models
Kongsberg Gruppen's time-series forecasting models is one of many Kongsberg Gruppen's pink sheet 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 Kongsberg Gruppen'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Kongsberg Gruppen ASA
Checking the ongoing alerts about Kongsberg Gruppen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kongsberg Gruppen ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kongsberg Gruppen is way too risky over 90 days horizon | |
| Kongsberg Gruppen appears to be risky and price may revert if volatility continues | |
| About 54.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kongsberg Pink Sheet
Kongsberg Gruppen financial ratios help investors to determine whether Kongsberg Pink Sheet 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 Kongsberg with respect to the benefits of owning Kongsberg Gruppen security.