VETIVA S (Nigeria) Odds of Future Stock Price Finishing Under 175.0
| VSPBONDETF | 183.00 32.07 14.91% |
VETIVA |
VETIVA S Target Price Odds to finish below 175.0
The tendency of VETIVA 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 175.00 or more in 90 days |
| 183.00 | 90 days | 175.00 | about 41.27 |
Based on a normal probability distribution, the odds of VETIVA S to drop to 175.00 or more in 90 days from now is about 41.27 (This VETIVA S P probability density function shows the probability of VETIVA Stock to fall within a particular range of prices over 90 days) . Probability of VETIVA S P price to stay between 175.00 and its current price of 183.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 28.47 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, VETIVA S will likely underperform. In addition to that VETIVA S P has an alpha of 24.5909, implying that it can generate a 24.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VETIVA S Price Density |
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Predictive Modules for VETIVA S
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VETIVA S P. 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.VETIVA S Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VETIVA S is not an exception. The market had few large corrections towards the VETIVA S'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 VETIVA S P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VETIVA S within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 24.59 | |
β | Beta against Dow Jones | 28.47 | |
σ | Overall volatility | 368.77 | |
Ir | Information ratio | 0.15 |
VETIVA S 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 VETIVA S for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VETIVA S P can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VETIVA S P is way too risky over 90 days horizon | |
| VETIVA S P appears to be risky and price may revert if volatility continues |
VETIVA S Technical Analysis
VETIVA S's future price can be derived by breaking down and analyzing its technical indicators over time. VETIVA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VETIVA S P. In general, you should focus on analyzing VETIVA Stock price patterns and their correlations with different microeconomic environments and drivers.
VETIVA S Predictive Forecast Models
VETIVA S's time-series forecasting models is one of many VETIVA S'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 VETIVA S'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 VETIVA S P
Checking the ongoing alerts about VETIVA S for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VETIVA S P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.