Sampath Bank (Sri Lanka) Probability of Future Stock Price Finishing Over 87.20

SAMPN0000  LKR 105.00  2.25  2.19%   
Sampath Bank's future price is the expected price of Sampath Bank instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Sampath Bank PLC performance during a given time horizon utilizing its historical volatility. Check out Sampath Bank Backtesting, Sampath Bank Valuation, Sampath Bank Correlation, Sampath Bank Hype Analysis, Sampath Bank Volatility, Sampath Bank History as well as Sampath Bank Performance.
  
Please specify Sampath Bank's target price for which you would like Sampath Bank odds to be computed.

Sampath Bank Target Price Odds to finish over 87.20

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 PriceHorizonTarget PriceOdds to stay above  87.20  in 90 days
 105.00 90 days 87.20 
about 44.06
Based on a normal probability distribution, the odds of Sampath Bank to stay above  87.20  in 90 days from now is about 44.06 (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  87.20  and its current price of 105.0 at the end of the 90-day period is about 41.34 .
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   
       Price  

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.
Hype
Prediction
LowEstimatedHigh
103.67105.00106.33
Details
Intrinsic
Valuation
LowRealHigh
82.6784.00115.50
Details
Naive
Forecast
LowNextHigh
105.56106.89108.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
85.4195.44105.47
Details

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.