Ghani Gases (Pakistan) Probability of Future Stock Price Finishing Over 15.53
| GGL Stock | 15.82 0.41 2.66% |
Ghani |
Ghani Gases Target Price Odds to finish over 15.53
The tendency of Ghani 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 15.53 in 90 days |
| 15.82 | 90 days | 15.53 | under 4 |
Based on a normal probability distribution, the odds of Ghani Gases to stay above 15.53 in 90 days from now is under 4 (This Ghani Gases probability density function shows the probability of Ghani Stock to fall within a particular range of prices over 90 days) . Probability of Ghani Gases price to stay between 15.53 and its current price of 15.82 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Ghani Gases has a beta of -0.24. This usually indicates as returns on the benchmark increase, returns on holding Ghani Gases are expected to decrease at a much lower rate. During a bear market, however, Ghani Gases is likely to outperform the market. Additionally Ghani Gases has an alpha of 0.9203, implying that it can generate a 0.92 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ghani Gases Price Density |
| Price |
Predictive Modules for Ghani Gases
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ghani Gases. 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.Ghani Gases Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ghani Gases is not an exception. The market had few large corrections towards the Ghani Gases' 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 Ghani Gases, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ghani Gases within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.92 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | 0.23 |
Ghani Gases 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 Ghani Gases for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ghani Gases can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ghani Gases appears to be risky and price may revert if volatility continues |
Ghani Gases Technical Analysis
Ghani Gases' future price can be derived by breaking down and analyzing its technical indicators over time. Ghani Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ghani Gases. In general, you should focus on analyzing Ghani Stock price patterns and their correlations with different microeconomic environments and drivers.
Ghani Gases Predictive Forecast Models
Ghani Gases' time-series forecasting models is one of many Ghani Gases' 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 Ghani Gases' 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 Ghani Gases
Checking the ongoing alerts about Ghani Gases for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ghani Gases help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ghani Gases appears to be risky and price may revert if volatility continues |
Additional Tools for Ghani Stock Analysis
When running Ghani Gases' price analysis, check to measure Ghani Gases' 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 Ghani Gases is operating at the current time. Most of Ghani Gases' value examination focuses on studying past and present price action to predict the probability of Ghani Gases' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ghani Gases' price. Additionally, you may evaluate how the addition of Ghani Gases to your portfolios can decrease your overall portfolio volatility.