Home Consortium (Australia) Probability of Future Stock Price Finishing Under 10.06
| HMC Stock | 10.18 0.02 0.20% |
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Home Consortium Target Price Odds to finish below 10.06
The tendency of Home 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 10.06 or more in 90 days |
| 10.18 | 90 days | 10.06 | about 44.47 |
Based on a normal probability distribution, the odds of Home Consortium to drop to 10.06 or more in 90 days from now is about 44.47 (This Home Consortium probability density function shows the probability of Home Stock to fall within a particular range of prices over 90 days) . Probability of Home Consortium price to stay between 10.06 and its current price of 10.18 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.28 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Home Consortium will likely underperform. Additionally Home Consortium has an alpha of 0.415, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Home Consortium Price Density |
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Predictive Modules for Home Consortium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Home Consortium. 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.Home Consortium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Home Consortium is not an exception. The market had few large corrections towards the Home Consortium'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 Home Consortium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Home Consortium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | 1.28 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | 0.14 |
Home Consortium 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 Home Consortium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Home Consortium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Home Consortium had very high historical volatility over the last 90 days | |
| About 30.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HMC Capital Limited Issues New Unquoted Securities - MSN |
Home Consortium Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Home Stock often depends not only on the future outlook of the current and potential Home Consortium's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Home Consortium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 352.5 M | |
| Cash And Short Term Investments | 247.3 M |
Home Consortium Technical Analysis
Home Consortium's future price can be derived by breaking down and analyzing its technical indicators over time. Home Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Home Consortium. In general, you should focus on analyzing Home Stock price patterns and their correlations with different microeconomic environments and drivers.
Home Consortium Predictive Forecast Models
Home Consortium's time-series forecasting models is one of many Home Consortium'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 Home Consortium'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 Home Consortium
Checking the ongoing alerts about Home Consortium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Home Consortium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Home Consortium had very high historical volatility over the last 90 days | |
| About 30.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: HMC Capital Limited Issues New Unquoted Securities - MSN |
Additional Tools for Home Stock Analysis
When running Home Consortium's price analysis, check to measure Home Consortium'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 Home Consortium is operating at the current time. Most of Home Consortium's value examination focuses on studying past and present price action to predict the probability of Home Consortium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Consortium's price. Additionally, you may evaluate how the addition of Home Consortium to your portfolios can decrease your overall portfolio volatility.