Pepkor Holdings (South Africa) Probability of Future Stock Price Finishing Over 2399.0
| PPH Stock | 2,978 43.00 1.47% |
Pepkor |
Pepkor Holdings Target Price Odds to finish over 2399.0
The tendency of Pepkor 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 2,399 in 90 days |
| 2,978 | 90 days | 2,399 | about 60.04 |
Based on a normal probability distribution, the odds of Pepkor Holdings to stay above 2,399 in 90 days from now is about 60.04 (This Pepkor Holdings probability density function shows the probability of Pepkor Stock to fall within a particular range of prices over 90 days) . Probability of Pepkor Holdings price to stay between 2,399 and its current price of 2978.0 at the end of the 90-day period is about 58.77 .
Assuming the 90 days trading horizon Pepkor Holdings has a beta of 0.074 indicating as returns on the market go up, Pepkor Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pepkor Holdings will be expected to be much smaller as well. Additionally Pepkor Holdings has an alpha of 0.3886, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pepkor Holdings Price Density |
| Price |
Predictive Modules for Pepkor Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pepkor Holdings. 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.Pepkor Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pepkor Holdings is not an exception. The market had few large corrections towards the Pepkor Holdings' 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 Pepkor Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pepkor Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 232.36 | |
Ir | Information ratio | 0.30 |
Pepkor Holdings 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 Pepkor Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pepkor Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 57.0% of the company outstanding shares are owned by corporate insiders |
Pepkor Holdings 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 Pepkor Stock often depends not only on the future outlook of the current and potential Pepkor Holdings' 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. Pepkor Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.6 B | |
| Cash And Short Term Investments | 5.1 B |
Pepkor Holdings Technical Analysis
Pepkor Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Pepkor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pepkor Holdings. In general, you should focus on analyzing Pepkor Stock price patterns and their correlations with different microeconomic environments and drivers.
Pepkor Holdings Predictive Forecast Models
Pepkor Holdings' time-series forecasting models is one of many Pepkor Holdings' 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 Pepkor Holdings' 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 Pepkor Holdings
Checking the ongoing alerts about Pepkor Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pepkor Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 57.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Pepkor Stock
Pepkor Holdings financial ratios help investors to determine whether Pepkor 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 Pepkor with respect to the benefits of owning Pepkor Holdings security.