Allan Gray (South Africa) Probability of Future Fund Price Finishing Over 599.23
| 0P0000IQZV | 590.29 18.22 2.99% |
Allan |
Allan Gray Target Price Odds to finish over 599.23
The tendency of Allan Fund 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 move over 599.23 or more in 90 days |
| 590.29 | 90 days | 599.23 | near 1 |
Based on a normal probability distribution, the odds of Allan Gray to move over 599.23 or more in 90 days from now is near 1 (This Allan Gray Equity probability density function shows the probability of Allan Fund to fall within a particular range of prices over 90 days) . Probability of Allan Gray Equity price to stay between its current price of 590.29 and 599.23 at the end of the 90-day period is roughly 2.56 .
Assuming the 90 days trading horizon Allan Gray has a beta of 0.12. This suggests as returns on the market go up, Allan Gray average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allan Gray Equity will be expected to be much smaller as well. Additionally Allan Gray Equity has an alpha of 0.0161, implying that it can generate a 0.0161 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Allan Gray Price Density |
| Price |
Predictive Modules for Allan Gray
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allan Gray Equity. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.Allan Gray Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allan Gray is not an exception. The market had few large corrections towards the Allan Gray'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 Allan Gray Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allan Gray 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 | 7.62 | |
Ir | Information ratio | -0.13 |
Allan Gray 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 Allan Gray for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allan Gray Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Allan Gray Equity generated a negative expected return over the last 90 days |
Allan Gray Technical Analysis
Allan Gray's future price can be derived by breaking down and analyzing its technical indicators over time. Allan Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allan Gray Equity. In general, you should focus on analyzing Allan Fund price patterns and their correlations with different microeconomic environments and drivers.
Allan Gray Predictive Forecast Models
Allan Gray's time-series forecasting models is one of many Allan Gray's fund 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 Allan Gray'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 fund market movement and maximize returns from investment trading.
Things to note about Allan Gray Equity
Checking the ongoing alerts about Allan Gray for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allan Gray Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Allan Gray Equity generated a negative expected return over the last 90 days |
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