ATTIJARIWAFA BANK (Morocco) Probability of Future Stock Price Finishing Over 572.0
| ATTIJARIWAFA-BANK | 571.80 0.20 0.04% |
ATTIJARIWAFA |
ATTIJARIWAFA BANK Target Price Odds to finish over 572.0
The tendency of ATTIJARIWAFA 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 move over 572.00 or more in 90 days |
| 571.80 | 90 days | 572.00 | about 13.63 |
Based on a normal probability distribution, the odds of ATTIJARIWAFA BANK to move over 572.00 or more in 90 days from now is about 13.63 (This ATTIJARIWAFA BANK probability density function shows the probability of ATTIJARIWAFA Stock to fall within a particular range of prices over 90 days) . Probability of ATTIJARIWAFA BANK price to stay between its current price of 571.80 and 572.00 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon ATTIJARIWAFA BANK has a beta of -0.16. This suggests as returns on the benchmark increase, returns on holding ATTIJARIWAFA BANK are expected to decrease at a much lower rate. During a bear market, however, ATTIJARIWAFA BANK is likely to outperform the market. Additionally ATTIJARIWAFA BANK has an alpha of 0.1077, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ATTIJARIWAFA BANK Price Density |
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Predictive Modules for ATTIJARIWAFA BANK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATTIJARIWAFA BANK. 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.ATTIJARIWAFA BANK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ATTIJARIWAFA BANK is not an exception. The market had few large corrections towards the ATTIJARIWAFA BANK'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 ATTIJARIWAFA BANK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ATTIJARIWAFA BANK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 17.23 | |
Ir | Information ratio | -0.008 |
ATTIJARIWAFA BANK Technical Analysis
ATTIJARIWAFA BANK's future price can be derived by breaking down and analyzing its technical indicators over time. ATTIJARIWAFA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ATTIJARIWAFA BANK. In general, you should focus on analyzing ATTIJARIWAFA Stock price patterns and their correlations with different microeconomic environments and drivers.
ATTIJARIWAFA BANK Predictive Forecast Models
ATTIJARIWAFA BANK's time-series forecasting models is one of many ATTIJARIWAFA BANK'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 ATTIJARIWAFA BANK'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 ATTIJARIWAFA BANK 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, ATTIJARIWAFA BANK's short interest history, or implied volatility extrapolated from ATTIJARIWAFA BANK options trading.
Additional Tools for ATTIJARIWAFA Stock Analysis
When running ATTIJARIWAFA BANK's price analysis, check to measure ATTIJARIWAFA BANK'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 ATTIJARIWAFA BANK is operating at the current time. Most of ATTIJARIWAFA BANK's value examination focuses on studying past and present price action to predict the probability of ATTIJARIWAFA BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATTIJARIWAFA BANK's price. Additionally, you may evaluate how the addition of ATTIJARIWAFA BANK to your portfolios can decrease your overall portfolio volatility.