PBA Holdings (Malaysia) Probability of Future Stock Price Finishing Over 14.84
| 5041 Stock | 2.15 0.01 0.46% |
PBA |
PBA Holdings Target Price Odds to finish over 14.84
The tendency of PBA 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 14.84 or more in 90 days |
| 2.15 | 90 days | 14.84 | close to zero percent |
Based on a normal probability distribution, the odds of PBA Holdings to move over 14.84 or more in 90 days from now is close to zero percent (This PBA Holdings Bhd probability density function shows the probability of PBA Stock to fall within a particular range of prices over 90 days) . Probability of PBA Holdings Bhd price to stay between its current price of 2.15 and 14.84 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon PBA Holdings Bhd has a beta of -0.59. This suggests as returns on the benchmark increase, returns on holding PBA Holdings are expected to decrease at a much lower rate. During a bear market, however, PBA Holdings Bhd is likely to outperform the market. Additionally PBA Holdings Bhd has an alpha of 0.0697, implying that it can generate a 0.0697 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PBA Holdings Price Density |
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Predictive Modules for PBA Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PBA Holdings 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.PBA Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PBA Holdings is not an exception. The market had few large corrections towards the PBA Holdings' 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 PBA Holdings Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PBA Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.59 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.04 |
PBA Holdings 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 PBA Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PBA Holdings 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.| PBA Holdings Bhd generated a negative expected return over the last 90 days |
PBA Holdings Technical Analysis
PBA Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. PBA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PBA Holdings Bhd. In general, you should focus on analyzing PBA Stock price patterns and their correlations with different microeconomic environments and drivers.
PBA Holdings Predictive Forecast Models
PBA Holdings' time-series forecasting models is one of many PBA Holdings' 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 PBA Holdings' 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 PBA Holdings Bhd
Checking the ongoing alerts about PBA Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PBA Holdings Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PBA Holdings Bhd generated a negative expected return over the last 90 days |