Standard Bank (South Africa) Probability of Future Stock Price Finishing Under 65.06
| SBKP Stock | 65.00 0.00 0.00% |
Standard |
Standard Bank Target Price Odds to finish below 65.06
The tendency of Standard 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 65.06 after 90 days |
| 65.00 | 90 days | 65.06 | about 80.75 |
Based on a normal probability distribution, the odds of Standard Bank to stay under 65.06 after 90 days from now is about 80.75 (This Standard Bank Group probability density function shows the probability of Standard Stock to fall within a particular range of prices over 90 days) . Probability of Standard Bank Group price to stay between its current price of 65.00 and 65.06 at the end of the 90-day period is roughly 2.53 .
Assuming the 90 days trading horizon Standard Bank has a beta of 0.12. This usually implies as returns on the market go up, Standard Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Standard Bank Group will be expected to be much smaller as well. Additionally Standard Bank Group 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. Standard Bank Price Density |
| Price |
Predictive Modules for Standard 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 Standard Bank Group. 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.Standard Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Standard Bank is not an exception. The market had few large corrections towards the Standard 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 Standard Bank Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Standard Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.21 |
Standard Bank 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 Standard Stock often depends not only on the future outlook of the current and potential Standard Bank's 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. Standard Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B | |
| Dividend Yield | 0.0471 |
Standard Bank Technical Analysis
Standard Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Standard Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Standard Bank Group. In general, you should focus on analyzing Standard Stock price patterns and their correlations with different microeconomic environments and drivers.
Standard Bank Predictive Forecast Models
Standard Bank's time-series forecasting models is one of many Standard 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 Standard 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Standard Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Standard Bank's short interest history, or implied volatility extrapolated from Standard Bank options trading.
Additional Tools for Standard Stock Analysis
When running Standard Bank's price analysis, check to measure Standard Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Standard Bank is operating at the current time. Most of Standard Bank's value examination focuses on studying past and present price action to predict the probability of Standard Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Bank's price. Additionally, you may evaluate how the addition of Standard Bank to your portfolios can decrease your overall portfolio volatility.