Stenocare (Denmark) Probability of Future Stock Price Finishing Under 0.5

STENO Stock  DKK 0.47  0.04  5.71%   
Stenocare's future price is the expected price of Stenocare instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Stenocare AS performance during a given time horizon utilizing its historical volatility. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
  
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Stenocare 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 Stenocare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Stenocare 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.
Stenocare AS is way too risky over 90 days horizon
Stenocare AS has some characteristics of a very speculative penny stock
Stenocare AS appears to be risky and price may revert if volatility continues
Stenocare AS has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (12.73 M) with loss before overhead, payroll, taxes, and interest of (6.01 M).
Stenocare AS has accumulated about 20.42 M in cash with (13.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.79, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 39.0% of the company outstanding shares are owned by corporate insiders

Stenocare 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 Stenocare Stock often depends not only on the future outlook of the current and potential Stenocare'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. Stenocare's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding11.4 M

Stenocare Technical Analysis

Stenocare's future price can be derived by breaking down and analyzing its technical indicators over time. Stenocare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Stenocare AS. In general, you should focus on analyzing Stenocare Stock price patterns and their correlations with different microeconomic environments and drivers.

Stenocare Predictive Forecast Models

Stenocare's time-series forecasting models is one of many Stenocare'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 Stenocare'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 Stenocare AS

Checking the ongoing alerts about Stenocare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Stenocare AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Stenocare AS is way too risky over 90 days horizon
Stenocare AS has some characteristics of a very speculative penny stock
Stenocare AS appears to be risky and price may revert if volatility continues
Stenocare AS has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (12.73 M) with loss before overhead, payroll, taxes, and interest of (6.01 M).
Stenocare AS has accumulated about 20.42 M in cash with (13.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.79, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 39.0% of the company outstanding shares are owned by corporate insiders

Other Information on Investing in Stenocare Stock

Stenocare financial ratios help investors to determine whether Stenocare 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 Stenocare with respect to the benefits of owning Stenocare security.