Bawany Air (Pakistan) Probability of Future Stock Price Finishing Over 32.42
| BAPL Stock | 34.21 0.65 1.94% |
Bawany |
Bawany Air Target Price Odds to finish over 32.42
The tendency of Bawany 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 32.42 in 90 days |
| 34.21 | 90 days | 32.42 | about 49.39 |
Based on a normal probability distribution, the odds of Bawany Air to stay above 32.42 in 90 days from now is about 49.39 (This Bawany Air Products probability density function shows the probability of Bawany Stock to fall within a particular range of prices over 90 days) . Probability of Bawany Air Products price to stay between 32.42 and its current price of 34.21 at the end of the 90-day period is about 25.14 .
Assuming the 90 days trading horizon Bawany Air has a beta of 0.68 suggesting as returns on the market go up, Bawany Air average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bawany Air Products will be expected to be much smaller as well. Additionally Bawany Air Products has an alpha of 0.0387, implying that it can generate a 0.0387 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bawany Air Price Density |
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Predictive Modules for Bawany Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bawany Air Products. 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.Bawany Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bawany Air is not an exception. The market had few large corrections towards the Bawany Air'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 Bawany Air Products, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bawany Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 2.62 | |
Ir | Information ratio | 0 |
Bawany Air 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 Bawany Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bawany Air Products can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bawany Air Products had very high historical volatility over the last 90 days |
Bawany Air Technical Analysis
Bawany Air's future price can be derived by breaking down and analyzing its technical indicators over time. Bawany Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bawany Air Products. In general, you should focus on analyzing Bawany Stock price patterns and their correlations with different microeconomic environments and drivers.
Bawany Air Predictive Forecast Models
Bawany Air's time-series forecasting models is one of many Bawany Air'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 Bawany Air'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 Bawany Air Products
Checking the ongoing alerts about Bawany Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bawany Air Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bawany Air Products had very high historical volatility over the last 90 days |
Other Information on Investing in Bawany Stock
Bawany Air financial ratios help investors to determine whether Bawany 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 Bawany with respect to the benefits of owning Bawany Air security.