Aveng (South Africa) Chance of Future Stock Price Finishing Over 1040.0
| AEG Stock | 1,158 2.00 0.17% |
Aveng |
Aveng Target Price Odds to finish over 1040.0
The tendency of Aveng 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 above 1,040 in 90 days |
| 1,158 | 90 days | 1,040 | about 48.93 |
Based on a normal probability distribution, the odds of Aveng to stay above 1,040 in 90 days from now is about 48.93 (This Aveng probability density function shows the probability of Aveng Stock to fall within a particular range of prices over 90 days) . Probability of Aveng price to stay between 1,040 and its current price of 1158.0 at the end of the 90-day period is about 38.87 .
Assuming the 90 days trading horizon Aveng has a beta of -0.0412. This suggests as returns on the benchmark increase, returns on holding Aveng are expected to decrease at a much lower rate. During a bear market, however, Aveng is likely to outperform the market. Additionally Aveng has an alpha of 0.3697, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aveng Price Density |
| Price |
Predictive Modules for Aveng
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aveng. 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.Aveng Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aveng is not an exception. The market had few large corrections towards the Aveng'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 Aveng, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aveng within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 94.27 | |
Ir | Information ratio | 0.18 |
Aveng 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 Aveng for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aveng can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 26.0% of the company shares are held by company insiders |
Aveng 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 Aveng Stock often depends not only on the future outlook of the current and potential Aveng'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. Aveng's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.9 M | |
| Cash And Short Term Investments | 2 B |
Aveng Technical Analysis
Aveng's future price can be derived by breaking down and analyzing its technical indicators over time. Aveng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aveng. In general, you should focus on analyzing Aveng Stock price patterns and their correlations with different microeconomic environments and drivers.
Aveng Predictive Forecast Models
Aveng's time-series forecasting models is one of many Aveng'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 Aveng'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 Aveng
Checking the ongoing alerts about Aveng for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aveng help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 26.0% of the company shares are held by company insiders |
Other Information on Investing in Aveng Stock
Aveng financial ratios help investors to determine whether Aveng 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 Aveng with respect to the benefits of owning Aveng security.