Frontken Bhd (Malaysia) Probability of Future Stock Price Finishing Over 4.71
| 0128 Stock | 3.74 0.13 3.36% |
Frontken |
Frontken Bhd Target Price Odds to finish over 4.71
The tendency of Frontken 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 4.71 or more in 90 days |
| 3.74 | 90 days | 4.71 | near 1 |
Based on a normal probability distribution, the odds of Frontken Bhd to move over 4.71 or more in 90 days from now is near 1 (This Frontken Bhd probability density function shows the probability of Frontken Stock to fall within a particular range of prices over 90 days) . Probability of Frontken Bhd price to stay between its current price of 3.74 and 4.71 at the end of the 90-day period is about 90.74 .
Assuming the 90 days trading horizon Frontken Bhd has a beta of 0.0448. This suggests as returns on the market go up, Frontken Bhd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Frontken Bhd will be expected to be much smaller as well. Additionally Frontken Bhd has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Frontken Bhd Price Density |
| Price |
Predictive Modules for Frontken Bhd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Frontken Bhd. 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.Frontken Bhd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Frontken Bhd is not an exception. The market had few large corrections towards the Frontken Bhd'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 Frontken Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Frontken Bhd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.06 |
Frontken Bhd 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 Frontken Bhd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Frontken Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Frontken Bhd generated a negative expected return over the last 90 days |
Frontken Bhd Technical Analysis
Frontken Bhd's future price can be derived by breaking down and analyzing its technical indicators over time. Frontken Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Frontken Bhd. In general, you should focus on analyzing Frontken Stock price patterns and their correlations with different microeconomic environments and drivers.
Frontken Bhd Predictive Forecast Models
Frontken Bhd's time-series forecasting models is one of many Frontken Bhd'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 Frontken Bhd'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 Frontken Bhd
Checking the ongoing alerts about Frontken Bhd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Frontken Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Frontken Bhd generated a negative expected return over the last 90 days |