Tambun Indah (Malaysia) Probability of Future Stock Price Finishing Under 1.01
| 5191 Stock | 0.91 0.01 1.09% |
Tambun |
Tambun Indah Target Price Odds to finish below 1.01
The tendency of Tambun 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 stay under 1.01 after 90 days |
| 0.91 | 90 days | 1.01 | close to 99 |
Based on a normal probability distribution, the odds of Tambun Indah to stay under 1.01 after 90 days from now is close to 99 (This Tambun Indah Land probability density function shows the probability of Tambun Stock to fall within a particular range of prices over 90 days) . Probability of Tambun Indah Land price to stay between its current price of 0.91 and 1.01 at the end of the 90-day period is about 89.36 .
Assuming the 90 days trading horizon Tambun Indah Land has a beta of -0.28. This suggests as returns on the benchmark increase, returns on holding Tambun Indah are expected to decrease at a much lower rate. During a bear market, however, Tambun Indah Land is likely to outperform the market. Additionally Tambun Indah Land 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. Tambun Indah Price Density |
| Price |
Predictive Modules for Tambun Indah
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tambun Indah Land. 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.Tambun Indah Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tambun Indah is not an exception. The market had few large corrections towards the Tambun Indah'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 Tambun Indah Land, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tambun Indah within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.21 |
Tambun Indah 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 Tambun Indah for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tambun Indah Land can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tambun Indah Land generated a negative expected return over the last 90 days | |
| Tambun Indah Land has some characteristics of a very speculative penny stock |
Tambun Indah Technical Analysis
Tambun Indah's future price can be derived by breaking down and analyzing its technical indicators over time. Tambun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tambun Indah Land. In general, you should focus on analyzing Tambun Stock price patterns and their correlations with different microeconomic environments and drivers.
Tambun Indah Predictive Forecast Models
Tambun Indah's time-series forecasting models is one of many Tambun Indah'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 Tambun Indah'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 Tambun Indah Land
Checking the ongoing alerts about Tambun Indah for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tambun Indah Land help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tambun Indah Land generated a negative expected return over the last 90 days | |
| Tambun Indah Land has some characteristics of a very speculative penny stock |