Kumpulan Kitacon (Malaysia) Probability of Future Stock Price Finishing Under 0.72
| 5310 Stock | 0.75 0.03 4.17% |
Kumpulan |
Kumpulan Kitacon Target Price Odds to finish below 0.72
The tendency of Kumpulan 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 0.72 or more in 90 days |
| 0.75 | 90 days | 0.72 | about 10.62 |
Based on a normal probability distribution, the odds of Kumpulan Kitacon to drop to 0.72 or more in 90 days from now is about 10.62 (This Kumpulan Kitacon Berhad probability density function shows the probability of Kumpulan Stock to fall within a particular range of prices over 90 days) . Probability of Kumpulan Kitacon Berhad price to stay between 0.72 and its current price of 0.75 at the end of the 90-day period is about 62.29 .
Assuming the 90 days trading horizon Kumpulan Kitacon has a beta of 0.63. This suggests as returns on the market go up, Kumpulan Kitacon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kumpulan Kitacon Berhad will be expected to be much smaller as well. Additionally Kumpulan Kitacon Berhad 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. Kumpulan Kitacon Price Density |
| Price |
Predictive Modules for Kumpulan Kitacon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kumpulan Kitacon Berhad. 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.Kumpulan Kitacon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kumpulan Kitacon is not an exception. The market had few large corrections towards the Kumpulan Kitacon'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 Kumpulan Kitacon Berhad, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kumpulan Kitacon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0056 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.03 |
Kumpulan Kitacon 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 Kumpulan Kitacon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kumpulan Kitacon Berhad can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kumpulan Kitacon has some characteristics of a very speculative penny stock |
Kumpulan Kitacon Technical Analysis
Kumpulan Kitacon's future price can be derived by breaking down and analyzing its technical indicators over time. Kumpulan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kumpulan Kitacon Berhad. In general, you should focus on analyzing Kumpulan Stock price patterns and their correlations with different microeconomic environments and drivers.
Kumpulan Kitacon Predictive Forecast Models
Kumpulan Kitacon's time-series forecasting models is one of many Kumpulan Kitacon'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 Kumpulan Kitacon'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 Kumpulan Kitacon Berhad
Checking the ongoing alerts about Kumpulan Kitacon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kumpulan Kitacon Berhad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kumpulan Kitacon has some characteristics of a very speculative penny stock |