Scotiabank Peru (Peru) Probability of Future Stock Price Finishing Under 10.3
| SCOTIAC1 | 11.50 0.00 0.00% |
Scotiabank |
Scotiabank Peru Target Price Odds to finish below 10.3
The tendency of Scotiabank 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 10.30 or more in 90 days |
| 11.50 | 90 days | 10.30 | about 25.32 |
Based on a normal probability distribution, the odds of Scotiabank Peru to drop to 10.30 or more in 90 days from now is about 25.32 (This Scotiabank Peru SAA probability density function shows the probability of Scotiabank Stock to fall within a particular range of prices over 90 days) . Probability of Scotiabank Peru SAA price to stay between 10.30 and its current price of 11.5 at the end of the 90-day period is about 39.46 .
Assuming the 90 days trading horizon Scotiabank Peru has a beta of 0.25. This usually implies as returns on the market go up, Scotiabank Peru average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scotiabank Peru SAA will be expected to be much smaller as well. Additionally Scotiabank Peru SAA 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. Scotiabank Peru Price Density |
| Price |
Predictive Modules for Scotiabank Peru
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scotiabank Peru SAA. 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.Scotiabank Peru Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Scotiabank Peru is not an exception. The market had few large corrections towards the Scotiabank Peru'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 Scotiabank Peru SAA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Scotiabank Peru within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 1.15 | |
Ir | Information ratio | -0.02 |
Scotiabank Peru 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 Scotiabank Peru for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Scotiabank Peru SAA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Scotiabank is showing solid risk-adjusted performance over 90 days |
Scotiabank Peru Technical Analysis
Scotiabank Peru's future price can be derived by breaking down and analyzing its technical indicators over time. Scotiabank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Scotiabank Peru SAA. In general, you should focus on analyzing Scotiabank Stock price patterns and their correlations with different microeconomic environments and drivers.
Scotiabank Peru Predictive Forecast Models
Scotiabank Peru's time-series forecasting models is one of many Scotiabank Peru'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 Scotiabank Peru'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 Scotiabank Peru SAA
Checking the ongoing alerts about Scotiabank Peru for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Scotiabank Peru SAA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Scotiabank is showing solid risk-adjusted performance over 90 days |
Other Information on Investing in Scotiabank Stock
Scotiabank Peru financial ratios help investors to determine whether Scotiabank 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 Scotiabank with respect to the benefits of owning Scotiabank Peru security.