Hil Industries (Malaysia) Probability of Future Stock Price Finishing Over 0.89
| 8443 Stock | 0.89 0.01 1.14% |
Hil |
Hil Industries Target Price Odds to finish over 0.89
The tendency of Hil 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 above the current price in 90 days |
| 0.89 | 90 days | 0.89 | about 71.95 |
Based on a normal probability distribution, the odds of Hil Industries to move above the current price in 90 days from now is about 71.95 (This Hil Industries Bhd probability density function shows the probability of Hil Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Hil Industries Bhd has a beta of -0.04. This suggests as returns on the benchmark increase, returns on holding Hil Industries are expected to decrease at a much lower rate. During a bear market, however, Hil Industries Bhd is likely to outperform the market. Additionally Hil Industries 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. Hil Industries Price Density |
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Predictive Modules for Hil Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hil Industries 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.Hil Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hil Industries is not an exception. The market had few large corrections towards the Hil Industries' 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 Hil Industries Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hil Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.15 |
Hil Industries 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 Hil Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hil Industries 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.| Hil Industries Bhd generated a negative expected return over the last 90 days | |
| Hil Industries Bhd has some characteristics of a very speculative penny stock |
Hil Industries Technical Analysis
Hil Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Hil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hil Industries Bhd. In general, you should focus on analyzing Hil Stock price patterns and their correlations with different microeconomic environments and drivers.
Hil Industries Predictive Forecast Models
Hil Industries' time-series forecasting models is one of many Hil Industries' 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 Hil Industries' 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 Hil Industries Bhd
Checking the ongoing alerts about Hil Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hil Industries Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hil Industries Bhd generated a negative expected return over the last 90 days | |
| Hil Industries Bhd has some characteristics of a very speculative penny stock |