Pentamaster Bhd (Malaysia) Probability of Future Stock Price Finishing Under 4.38
| 7160 Stock | 4.16 0.11 2.72% |
Pentamaster |
Pentamaster Bhd Target Price Odds to finish below 4.38
The tendency of Pentamaster 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 4.38 after 90 days |
| 4.16 | 90 days | 4.38 | close to 99 |
Based on a normal probability distribution, the odds of Pentamaster Bhd to stay under 4.38 after 90 days from now is close to 99 (This Pentamaster Bhd probability density function shows the probability of Pentamaster Stock to fall within a particular range of prices over 90 days) . Probability of Pentamaster Bhd price to stay between its current price of 4.16 and 4.38 at the end of the 90-day period is nearly 4.43 .
Assuming the 90 days trading horizon Pentamaster Bhd has a beta of 0.26. This suggests as returns on the market go up, Pentamaster Bhd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pentamaster Bhd will be expected to be much smaller as well. Additionally Pentamaster Bhd has an alpha of 0.2491, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pentamaster Bhd Price Density |
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Predictive Modules for Pentamaster 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 Pentamaster 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.Pentamaster Bhd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pentamaster Bhd is not an exception. The market had few large corrections towards the Pentamaster 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 Pentamaster Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pentamaster Bhd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.07 |
Pentamaster Bhd Technical Analysis
Pentamaster Bhd's future price can be derived by breaking down and analyzing its technical indicators over time. Pentamaster Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pentamaster Bhd. In general, you should focus on analyzing Pentamaster Stock price patterns and their correlations with different microeconomic environments and drivers.
Pentamaster Bhd Predictive Forecast Models
Pentamaster Bhd's time-series forecasting models is one of many Pentamaster 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 Pentamaster 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pentamaster Bhd in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pentamaster Bhd's short interest history, or implied volatility extrapolated from Pentamaster Bhd options trading.