Aristocrat Leisure (Australia) Probability of Future Stock Price Finishing Under 64.40
| ALL Stock | 65.71 0.63 0.97% |
Aristocrat |
Aristocrat Leisure Target Price Odds to finish below 64.40
The tendency of Aristocrat 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 64.40 or more in 90 days |
| 65.71 | 90 days | 64.40 | roughly 2.27 |
Based on a normal probability distribution, the odds of Aristocrat Leisure to drop to 64.40 or more in 90 days from now is roughly 2.27 (This Aristocrat Leisure probability density function shows the probability of Aristocrat Stock to fall within a particular range of prices over 90 days) . Probability of Aristocrat Leisure price to stay between 64.40 and its current price of 65.71 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Aristocrat Leisure has a beta of 0.17. This suggests as returns on the market go up, Aristocrat Leisure average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aristocrat Leisure will be expected to be much smaller as well. Additionally Aristocrat Leisure 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. Aristocrat Leisure Price Density |
| Price |
Predictive Modules for Aristocrat Leisure
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aristocrat Leisure. 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.Aristocrat Leisure Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aristocrat Leisure is not an exception. The market had few large corrections towards the Aristocrat Leisure'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 Aristocrat Leisure, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aristocrat Leisure within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 3.43 | |
Ir | Information ratio | 0.01 |
Aristocrat Leisure 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 Aristocrat Leisure for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aristocrat Leisure can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aristocrat Leisure generated a negative expected return over the last 90 days | |
| Aristocrat Leisure is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Aristocrat shares are down 15 percent this month. Time to jump in - The Motley Fool Australia |
Aristocrat Leisure 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 Aristocrat Stock often depends not only on the future outlook of the current and potential Aristocrat Leisure'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. Aristocrat Leisure's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 629.4 M | |
| Cash And Short Term Investments | 959.1 M |
Aristocrat Leisure Technical Analysis
Aristocrat Leisure's future price can be derived by breaking down and analyzing its technical indicators over time. Aristocrat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aristocrat Leisure. In general, you should focus on analyzing Aristocrat Stock price patterns and their correlations with different microeconomic environments and drivers.
Aristocrat Leisure Predictive Forecast Models
Aristocrat Leisure's time-series forecasting models is one of many Aristocrat Leisure'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 Aristocrat Leisure'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 Aristocrat Leisure
Checking the ongoing alerts about Aristocrat Leisure for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aristocrat Leisure help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aristocrat Leisure generated a negative expected return over the last 90 days | |
| Aristocrat Leisure is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Aristocrat shares are down 15 percent this month. Time to jump in - The Motley Fool Australia |
Additional Tools for Aristocrat Stock Analysis
When running Aristocrat Leisure's price analysis, check to measure Aristocrat Leisure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aristocrat Leisure is operating at the current time. Most of Aristocrat Leisure's value examination focuses on studying past and present price action to predict the probability of Aristocrat Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aristocrat Leisure's price. Additionally, you may evaluate how the addition of Aristocrat Leisure to your portfolios can decrease your overall portfolio volatility.