Habib Insurance (Pakistan) Probability of Future Stock Price Finishing Under 5.67
| HICL Stock | 8.70 0.04 0.46% |
Habib |
Habib Insurance Target Price Odds to finish below 5.67
The tendency of Habib 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 drop to 5.67 or more in 90 days |
| 8.70 | 90 days | 5.67 | about 8.12 |
Based on a normal probability distribution, the odds of Habib Insurance to drop to 5.67 or more in 90 days from now is about 8.12 (This Habib Insurance probability density function shows the probability of Habib Stock to fall within a particular range of prices over 90 days) . Probability of Habib Insurance price to stay between 5.67 and its current price of 8.7 at the end of the 90-day period is about 91.81 .
Assuming the 90 days trading horizon Habib Insurance has a beta of -0.61. This usually indicates as returns on the benchmark increase, returns on holding Habib Insurance are expected to decrease at a much lower rate. During a bear market, however, Habib Insurance is likely to outperform the market. Additionally Habib Insurance has an alpha of 0.5265, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Habib Insurance Price Density |
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Predictive Modules for Habib Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Habib Insurance. 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.Habib Insurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Habib Insurance is not an exception. The market had few large corrections towards the Habib Insurance'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 Habib Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Habib Insurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | 0.09 |
Habib Insurance 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 Habib Insurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Habib Insurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Habib Insurance appears to be risky and price may revert if volatility continues |
Habib Insurance Technical Analysis
Habib Insurance's future price can be derived by breaking down and analyzing its technical indicators over time. Habib Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Habib Insurance. In general, you should focus on analyzing Habib Stock price patterns and their correlations with different microeconomic environments and drivers.
Habib Insurance Predictive Forecast Models
Habib Insurance's time-series forecasting models is one of many Habib Insurance'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 Habib Insurance'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 Habib Insurance
Checking the ongoing alerts about Habib Insurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Habib Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Habib Insurance appears to be risky and price may revert if volatility continues |
Other Information on Investing in Habib Stock
Habib Insurance financial ratios help investors to determine whether Habib 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 Habib with respect to the benefits of owning Habib Insurance security.