Dagang Nexchange (Malaysia) Probability of Future Stock Price Finishing Over 2.82
| 4456 Stock | 0.35 0.01 2.78% |
Dagang |
Dagang Nexchange Target Price Odds to finish over 2.82
The tendency of Dagang 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 move over 2.82 or more in 90 days |
| 0.35 | 90 days | 2.82 | close to zero percent |
Based on a normal probability distribution, the odds of Dagang Nexchange to move over 2.82 or more in 90 days from now is close to zero percent (This Dagang Nexchange Bhd probability density function shows the probability of Dagang Stock to fall within a particular range of prices over 90 days) . Probability of Dagang Nexchange Bhd price to stay between its current price of 0.35 and 2.82 at the end of the 90-day period is about 78.09 .
Assuming the 90 days trading horizon Dagang Nexchange Bhd has a beta of -0.025. This suggests as returns on the benchmark increase, returns on holding Dagang Nexchange are expected to decrease at a much lower rate. During a bear market, however, Dagang Nexchange Bhd is likely to outperform the market. Additionally Dagang Nexchange Bhd 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. Dagang Nexchange Price Density |
| Price |
Predictive Modules for Dagang Nexchange
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dagang Nexchange Bhd. 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.Dagang Nexchange Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dagang Nexchange is not an exception. The market had few large corrections towards the Dagang Nexchange'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 Dagang Nexchange Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dagang Nexchange within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Dagang Nexchange 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 Dagang Nexchange for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dagang Nexchange Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dagang Nexchange Bhd generated a negative expected return over the last 90 days | |
| Dagang Nexchange Bhd has some characteristics of a very speculative penny stock |
Dagang Nexchange 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 Dagang Stock often depends not only on the future outlook of the current and potential Dagang Nexchange'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. Dagang Nexchange's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B | |
| Cash And Short Term Investments | 494.5 M |
Dagang Nexchange Technical Analysis
Dagang Nexchange's future price can be derived by breaking down and analyzing its technical indicators over time. Dagang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dagang Nexchange Bhd. In general, you should focus on analyzing Dagang Stock price patterns and their correlations with different microeconomic environments and drivers.
Dagang Nexchange Predictive Forecast Models
Dagang Nexchange's time-series forecasting models is one of many Dagang Nexchange'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 Dagang Nexchange'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 Dagang Nexchange Bhd
Checking the ongoing alerts about Dagang Nexchange for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dagang Nexchange Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dagang Nexchange Bhd generated a negative expected return over the last 90 days | |
| Dagang Nexchange Bhd has some characteristics of a very speculative penny stock |
Other Information on Investing in Dagang Stock
Dagang Nexchange financial ratios help investors to determine whether Dagang 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 Dagang with respect to the benefits of owning Dagang Nexchange security.