Kamdar Group (Malaysia) Probability of Future Stock Price Finishing Over 0.33
| 8672 Stock | 0.33 0.01 3.13% |
Kamdar |
Kamdar Group Target Price Odds to finish over 0.33
The tendency of Kamdar 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 |
| 0.33 | 90 days | 0.33 | about 1.82 |
Based on a normal probability distribution, the odds of Kamdar Group to move above the current price in 90 days from now is about 1.82 (This Kamdar Group Bhd probability density function shows the probability of Kamdar Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kamdar Group has a beta of 0.0736. This suggests as returns on the market go up, Kamdar Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kamdar Group Bhd will be expected to be much smaller as well. Additionally Kamdar Group Bhd has an alpha of 0.2774, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Kamdar Group Price Density |
| Price |
Predictive Modules for Kamdar Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kamdar Group 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.Kamdar Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kamdar Group is not an exception. The market had few large corrections towards the Kamdar Group'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 Kamdar Group Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kamdar Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.03 |
Kamdar Group 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 Kamdar Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kamdar Group 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.| Kamdar Group Bhd had very high historical volatility over the last 90 days | |
| Kamdar Group Bhd has some characteristics of a very speculative penny stock |
Kamdar Group Technical Analysis
Kamdar Group's future price can be derived by breaking down and analyzing its technical indicators over time. Kamdar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kamdar Group Bhd. In general, you should focus on analyzing Kamdar Stock price patterns and their correlations with different microeconomic environments and drivers.
Kamdar Group Predictive Forecast Models
Kamdar Group's time-series forecasting models is one of many Kamdar Group'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 Kamdar Group'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 Kamdar Group Bhd
Checking the ongoing alerts about Kamdar Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kamdar Group Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kamdar Group Bhd had very high historical volatility over the last 90 days | |
| Kamdar Group Bhd has some characteristics of a very speculative penny stock |