Sampath Bank (Sri Lanka) Probability of Future Stock Price Finishing Under 70.00
| SAMPN0000 | LKR 105.00 2.25 2.19% |
Sampath |
Sampath Bank Target Price Odds to finish below 70.00
The tendency of Sampath 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 70.00 or more in 90 days |
| 105.00 | 90 days | 70.00 | about 5.84 |
Based on a normal probability distribution, the odds of Sampath Bank to drop to 70.00 or more in 90 days from now is about 5.84 (This Sampath Bank PLC probability density function shows the probability of Sampath Stock to fall within a particular range of prices over 90 days) . Probability of Sampath Bank PLC price to stay between 70.00 and its current price of 105.0 at the end of the 90-day period is about 91.41 .
Assuming the 90 days trading horizon Sampath Bank PLC has a beta of -0.37. This usually implies as returns on the benchmark increase, returns on holding Sampath Bank are expected to decrease at a much lower rate. During a bear market, however, Sampath Bank PLC is likely to outperform the market. Additionally Sampath Bank PLC has an alpha of 0.6494, implying that it can generate a 0.65 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sampath Bank Price Density |
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Predictive Modules for Sampath Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sampath Bank PLC. 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.Sampath Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sampath Bank is not an exception. The market had few large corrections towards the Sampath Bank'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 Sampath Bank PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sampath Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 10.03 | |
Ir | Information ratio | 0.38 |
Sampath Bank 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 Sampath Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sampath Bank PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sampath is showing solid risk-adjusted performance over 90 days |
Sampath Bank Technical Analysis
Sampath Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Sampath Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sampath Bank PLC. In general, you should focus on analyzing Sampath Stock price patterns and their correlations with different microeconomic environments and drivers.
Sampath Bank Predictive Forecast Models
Sampath Bank's time-series forecasting models is one of many Sampath Bank'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 Sampath Bank'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 Sampath Bank PLC
Checking the ongoing alerts about Sampath Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sampath Bank PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sampath is showing solid risk-adjusted performance over 90 days |
Other Information on Investing in Sampath Stock
Sampath Bank financial ratios help investors to determine whether Sampath 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 Sampath with respect to the benefits of owning Sampath Bank security.