Tele2 AB (Sweden) Odds of Future Stock Price Finishing Over 103.15
| TEL2-B Stock | SEK 101.50 1.05 1.02% |
Tele2 |
Tele2 AB Target Price Odds to finish over 103.15
The tendency of Tele2 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 over kr 103.15 or more in 90 days |
| 101.50 | 90 days | 103.15 | under 4 |
Based on a normal probability distribution, the odds of Tele2 AB to move over kr 103.15 or more in 90 days from now is under 4 (This Tele2 AB probability density function shows the probability of Tele2 Stock to fall within a particular range of prices over 90 days) . Probability of Tele2 AB price to stay between its current price of kr 101.50 and kr 103.15 at the end of the 90-day period is about 1.86 .
Assuming the 90 days trading horizon Tele2 AB has a beta of 0.22. This usually implies as returns on the market go up, Tele2 AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tele2 AB will be expected to be much smaller as well. Additionally Tele2 AB has an alpha of 0.3532, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Tele2 AB Price Density |
| Price |
Predictive Modules for Tele2 AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tele2 AB. 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 Tele2 AB'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.
Tele2 AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tele2 AB is not an exception. The market had few large corrections towards the Tele2 AB'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 Tele2 AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tele2 AB within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.35 | |
β | Beta against NYSE Composite | 0.22 | |
σ | Overall volatility | 7.65 | |
Ir | Information ratio | 0.19 |
Tele2 AB 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 Tele2 AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tele2 AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tele2 AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 28.33 B in total debt with debt to equity ratio (D/E) of 82.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tele2 AB has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tele2 AB until it has trouble settling it off, either with new capital or with free cash flow. So, Tele2 AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tele2 AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tele2 to invest in growth at high rates of return. When we think about Tele2 AB's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Tele2 AB shares are owned by institutional investors |
Tele2 AB 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 Tele2 Stock often depends not only on the future outlook of the current and potential Tele2 AB'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. Tele2 AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 689.5 M | |
| Cash And Short Term Investments | 837 M |
Tele2 AB Technical Analysis
Tele2 AB's future price can be derived by breaking down and analyzing its technical indicators over time. Tele2 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tele2 AB. In general, you should focus on analyzing Tele2 Stock price patterns and their correlations with different microeconomic environments and drivers.
Tele2 AB Predictive Forecast Models
Tele2 AB's time-series forecasting models is one of many Tele2 AB'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 Tele2 AB'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 Tele2 AB
Checking the ongoing alerts about Tele2 AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tele2 AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tele2 AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 28.33 B in total debt with debt to equity ratio (D/E) of 82.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tele2 AB has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tele2 AB until it has trouble settling it off, either with new capital or with free cash flow. So, Tele2 AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tele2 AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tele2 to invest in growth at high rates of return. When we think about Tele2 AB's use of debt, we should always consider it together with cash and equity. | |
| About 64.0% of Tele2 AB shares are owned by institutional investors |
Check out Tele2 AB Backtesting, Tele2 AB Valuation, Tele2 AB Correlation, Tele2 AB Hype Analysis, Tele2 AB Volatility, Tele2 AB History as well as Tele2 AB Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Tele2 Stock analysis
When running Tele2 AB's price analysis, check to measure Tele2 AB'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 Tele2 AB is operating at the current time. Most of Tele2 AB's value examination focuses on studying past and present price action to predict the probability of Tele2 AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tele2 AB's price. Additionally, you may evaluate how the addition of Tele2 AB to your portfolios can decrease your overall portfolio volatility.
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