IGI Life (Pakistan) Odds of Future Stock Price Finishing Over 17.78
| IGIL Stock | 14.86 0.35 2.41% |
IGI |
IGI Life Target Price Odds to finish over 17.78
The tendency of IGI 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 move over 17.78 or more in 90 days |
| 14.86 | 90 days | 17.78 | near 1 |
Based on a normal probability distribution, the odds of IGI Life to move over 17.78 or more in 90 days from now is near 1 (This IGI Life Insurance probability density function shows the probability of IGI Stock to fall within a particular range of prices over 90 days) . Probability of IGI Life Insurance price to stay between its current price of 14.86 and 17.78 at the end of the 90-day period is about 31.53 .
Assuming the 90 days trading horizon IGI Life Insurance has a beta of -0.24. This usually indicates as returns on the benchmark increase, returns on holding IGI Life are expected to decrease at a much lower rate. During a bear market, however, IGI Life Insurance is likely to outperform the market. Additionally IGI Life Insurance has an alpha of 0.2055, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IGI Life Price Density |
| Price |
Predictive Modules for IGI Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IGI Life 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.IGI Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IGI Life is not an exception. The market had few large corrections towards the IGI Life'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 IGI Life Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IGI Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | 0.07 |
IGI Life 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 IGI Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IGI Life 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.| IGI Life Insurance had very high historical volatility over the last 90 days |
IGI Life Technical Analysis
IGI Life's future price can be derived by breaking down and analyzing its technical indicators over time. IGI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IGI Life Insurance. In general, you should focus on analyzing IGI Stock price patterns and their correlations with different microeconomic environments and drivers.
IGI Life Predictive Forecast Models
IGI Life's time-series forecasting models is one of many IGI Life'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 IGI Life'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 IGI Life Insurance
Checking the ongoing alerts about IGI Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IGI Life Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IGI Life Insurance had very high historical volatility over the last 90 days |
Other Information on Investing in IGI Stock
IGI Life financial ratios help investors to determine whether IGI 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 IGI with respect to the benefits of owning IGI Life security.