Iron (Egypt) Chance of Future Stock Price Finishing Under 4.61
| ISMQ Stock | 4.25 0.01 0.23% |
Iron |
Iron Target Price Odds to finish below 4.61
The tendency of Iron 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 under 4.61 after 90 days |
| 4.25 | 90 days | 4.61 | about 72.66 |
Based on a normal probability distribution, the odds of Iron to stay under 4.61 after 90 days from now is about 72.66 (This Iron And Steel probability density function shows the probability of Iron Stock to fall within a particular range of prices over 90 days) . Probability of Iron And Steel price to stay between its current price of 4.25 and 4.61 at the end of the 90-day period is about 55.92 .
Assuming the 90 days trading horizon Iron And Steel has a beta of -0.0097. This usually indicates as returns on the benchmark increase, returns on holding Iron are expected to decrease at a much lower rate. During a bear market, however, Iron And Steel is likely to outperform the market. Additionally Iron And Steel has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Iron Price Density |
| Price |
Predictive Modules for Iron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iron And Steel. 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.Iron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iron is not an exception. The market had few large corrections towards the Iron'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 Iron And Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.0097 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.1 |
Iron 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 Iron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iron And Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Iron And Steel generated a negative expected return over the last 90 days |
Iron Technical Analysis
Iron's future price can be derived by breaking down and analyzing its technical indicators over time. Iron Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iron And Steel. In general, you should focus on analyzing Iron Stock price patterns and their correlations with different microeconomic environments and drivers.
Iron Predictive Forecast Models
Iron's time-series forecasting models is one of many Iron'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 Iron'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 Iron And Steel
Checking the ongoing alerts about Iron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iron And Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iron And Steel generated a negative expected return over the last 90 days |