Alliance Global (Philippines) Probability of Future Stock Price Finishing Under 8.46
| AGI Stock | 8.70 0.04 0.46% |
Alliance |
Alliance Global Target Price Odds to finish below 8.46
The tendency of Alliance 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 drop to 8.46 or more in 90 days |
| 8.70 | 90 days | 8.46 | near 1 |
Based on a normal probability distribution, the odds of Alliance Global to drop to 8.46 or more in 90 days from now is near 1 (This Alliance Global Group probability density function shows the probability of Alliance Stock to fall within a particular range of prices over 90 days) . Probability of Alliance Global Group price to stay between 8.46 and its current price of 8.7 at the end of the 90-day period is nearly 4.96 .
Assuming the 90 days trading horizon Alliance Global has a beta of 0.21. This suggests as returns on the market go up, Alliance Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alliance Global Group will be expected to be much smaller as well. Additionally Alliance Global Group 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. Alliance Global Price Density |
| Price |
Predictive Modules for Alliance Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alliance Global Group. 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.Alliance Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alliance Global is not an exception. The market had few large corrections towards the Alliance Global'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 Alliance Global Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alliance Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.1 |
Alliance Global 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 Alliance Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alliance Global Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alliance Global generated a negative expected return over the last 90 days |
Alliance Global 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 Alliance Stock often depends not only on the future outlook of the current and potential Alliance Global'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. Alliance Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.3 B | |
| Dividends Paid | 2.1 B | |
| Cash And Short Term Investments | 95.8 B |
Alliance Global Technical Analysis
Alliance Global's future price can be derived by breaking down and analyzing its technical indicators over time. Alliance Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alliance Global Group. In general, you should focus on analyzing Alliance Stock price patterns and their correlations with different microeconomic environments and drivers.
Alliance Global Predictive Forecast Models
Alliance Global's time-series forecasting models is one of many Alliance Global'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 Alliance Global'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 Alliance Global Group
Checking the ongoing alerts about Alliance Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alliance Global Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alliance Global generated a negative expected return over the last 90 days |
Other Information on Investing in Alliance Stock
Alliance Global financial ratios help investors to determine whether Alliance 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 Alliance with respect to the benefits of owning Alliance Global security.