Coronation Property (South Africa) Probability of Future Fund Price Finishing Under 42.26
| 0P000161AC | 38.47 0.80 2.04% |
Coronation |
Coronation Property Target Price Odds to finish below 42.26
The tendency of Coronation Fund 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 stay under 42.26 after 90 days |
| 38.47 | 90 days | 42.26 | over 95.13 |
Based on a normal probability distribution, the odds of Coronation Property to stay under 42.26 after 90 days from now is over 95.13 (This Coronation Property Equity probability density function shows the probability of Coronation Fund to fall within a particular range of prices over 90 days) . Probability of Coronation Property price to stay between its current price of 38.47 and 42.26 at the end of the 90-day period is about 87.36 .
Assuming the 90 days trading horizon Coronation Property has a beta of 0.22. This suggests as returns on the market go up, Coronation Property average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Coronation Property Equity will be expected to be much smaller as well. Additionally Coronation Property Equity 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. Coronation Property Price Density |
| Price |
Predictive Modules for Coronation Property
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coronation Property. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.Coronation Property Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coronation Property is not an exception. The market had few large corrections towards the Coronation Property'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 Coronation Property Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coronation Property within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.23 | |
Ir | Information ratio | 0.03 |
Coronation Property 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 Coronation Property for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coronation Property can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Coronation Property generated a negative expected return over the last 90 days |
Coronation Property Technical Analysis
Coronation Property's future price can be derived by breaking down and analyzing its technical indicators over time. Coronation Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coronation Property Equity. In general, you should focus on analyzing Coronation Fund price patterns and their correlations with different microeconomic environments and drivers.
Coronation Property Predictive Forecast Models
Coronation Property's time-series forecasting models is one of many Coronation Property's fund 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 Coronation Property'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 fund market movement and maximize returns from investment trading.
Things to note about Coronation Property
Checking the ongoing alerts about Coronation Property for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coronation Property help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Coronation Property generated a negative expected return over the last 90 days |
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