ABACUS STORAGE (Australia) Probability of Future Stock Price Finishing Under 1.33
| ASK Stock | 1.15 0.02 1.71% |
ABACUS |
ABACUS STORAGE Target Price Odds to finish below 1.33
The tendency of ABACUS 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 1.33 after 90 days |
| 1.15 | 90 days | 1.33 | more than 93.0 |
Based on a normal probability distribution, the odds of ABACUS STORAGE to stay under 1.33 after 90 days from now is more than 93.0 (This ABACUS STORAGE KING probability density function shows the probability of ABACUS Stock to fall within a particular range of prices over 90 days) . Probability of ABACUS STORAGE KING price to stay between its current price of 1.15 and 1.33 at the end of the 90-day period is about 86.31 .
Assuming the 90 days trading horizon ABACUS STORAGE KING has a beta of -0.17. This suggests as returns on the benchmark increase, returns on holding ABACUS STORAGE are expected to decrease at a much lower rate. During a bear market, however, ABACUS STORAGE KING is likely to outperform the market. Additionally ABACUS STORAGE KING 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. ABACUS STORAGE Price Density |
| Price |
Predictive Modules for ABACUS STORAGE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABACUS STORAGE KING. 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.ABACUS STORAGE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABACUS STORAGE is not an exception. The market had few large corrections towards the ABACUS STORAGE'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 ABACUS STORAGE KING, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABACUS STORAGE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.18 |
ABACUS STORAGE 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 ABACUS STORAGE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABACUS STORAGE KING can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ABACUS STORAGE KING generated a negative expected return over the last 90 days | |
| ABACUS STORAGE KING may become a speculative penny stock | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Abacus Storage King Director Boosts Securities Holdings - TipRanks |
ABACUS STORAGE 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 ABACUS Stock often depends not only on the future outlook of the current and potential ABACUS STORAGE'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. ABACUS STORAGE's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0539 | |
| Forward Annual Dividend Rate | 0.06 | |
| Shares Float | 749.5 M |
ABACUS STORAGE Technical Analysis
ABACUS STORAGE's future price can be derived by breaking down and analyzing its technical indicators over time. ABACUS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABACUS STORAGE KING. In general, you should focus on analyzing ABACUS Stock price patterns and their correlations with different microeconomic environments and drivers.
ABACUS STORAGE Predictive Forecast Models
ABACUS STORAGE's time-series forecasting models is one of many ABACUS STORAGE'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 ABACUS STORAGE'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 ABACUS STORAGE KING
Checking the ongoing alerts about ABACUS STORAGE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABACUS STORAGE KING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ABACUS STORAGE KING generated a negative expected return over the last 90 days | |
| ABACUS STORAGE KING may become a speculative penny stock | |
| About 60.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Abacus Storage King Director Boosts Securities Holdings - TipRanks |
Additional Tools for ABACUS Stock Analysis
When running ABACUS STORAGE's price analysis, check to measure ABACUS STORAGE'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 ABACUS STORAGE is operating at the current time. Most of ABACUS STORAGE's value examination focuses on studying past and present price action to predict the probability of ABACUS STORAGE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABACUS STORAGE's price. Additionally, you may evaluate how the addition of ABACUS STORAGE to your portfolios can decrease your overall portfolio volatility.