CUSTODIAN INVESTMENT (Nigeria) Probability of Future Stock Price Finishing Over 13.26
| CUSTODIAN | 13.85 1.25 9.92% |
CUSTODIAN |
CUSTODIAN INVESTMENT Target Price Odds to finish over 13.26
The tendency of CUSTODIAN 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 13.26 in 90 days |
| 13.85 | 90 days | 13.26 | about 10.89 |
Based on a normal probability distribution, the odds of CUSTODIAN INVESTMENT to stay above 13.26 in 90 days from now is about 10.89 (This CUSTODIAN INVESTMENT PLC probability density function shows the probability of CUSTODIAN Stock to fall within a particular range of prices over 90 days) . Probability of CUSTODIAN INVESTMENT PLC price to stay between 13.26 and its current price of 13.85 at the end of the 90-day period is about 9.78 .
Assuming the 90 days trading horizon CUSTODIAN INVESTMENT has a beta of 0.35 suggesting as returns on the market go up, CUSTODIAN INVESTMENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CUSTODIAN INVESTMENT PLC will be expected to be much smaller as well. Additionally CUSTODIAN INVESTMENT PLC has an alpha of 0.0369, implying that it can generate a 0.0369 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CUSTODIAN INVESTMENT Price Density |
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Predictive Modules for CUSTODIAN INVESTMENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CUSTODIAN INVESTMENT PLC. 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.CUSTODIAN INVESTMENT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CUSTODIAN INVESTMENT is not an exception. The market had few large corrections towards the CUSTODIAN INVESTMENT'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 CUSTODIAN INVESTMENT PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CUSTODIAN INVESTMENT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.0097 |
CUSTODIAN INVESTMENT Technical Analysis
CUSTODIAN INVESTMENT's future price can be derived by breaking down and analyzing its technical indicators over time. CUSTODIAN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CUSTODIAN INVESTMENT PLC. In general, you should focus on analyzing CUSTODIAN Stock price patterns and their correlations with different microeconomic environments and drivers.
CUSTODIAN INVESTMENT Predictive Forecast Models
CUSTODIAN INVESTMENT's time-series forecasting models is one of many CUSTODIAN INVESTMENT'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 CUSTODIAN INVESTMENT'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 CUSTODIAN INVESTMENT 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, CUSTODIAN INVESTMENT's short interest history, or implied volatility extrapolated from CUSTODIAN INVESTMENT options trading.