ABM International (India) Probability of Future Stock Price Finishing Under 69.6
| ABMINTLLTD | 50.90 0.61 1.21% |
ABM |
ABM International Target Price Odds to finish below 69.6
The tendency of ABM 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 stay under 69.60 after 90 days |
| 50.90 | 90 days | 69.60 | about 81.32 |
Based on a normal probability distribution, the odds of ABM International to stay under 69.60 after 90 days from now is about 81.32 (This ABM International Limited probability density function shows the probability of ABM Stock to fall within a particular range of prices over 90 days) . Probability of ABM International price to stay between its current price of 50.90 and 69.60 at the end of the 90-day period is about 80.24 .
Assuming the 90 days trading horizon ABM International has a beta of 0.45. This suggests as returns on the market go up, ABM International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ABM International Limited will be expected to be much smaller as well. Additionally ABM International Limited 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. ABM International Price Density |
| Price |
Predictive Modules for ABM International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABM International. 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.ABM International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABM International is not an exception. The market had few large corrections towards the ABM International'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 ABM International Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABM International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 5.92 | |
Ir | Information ratio | -0.1 |
ABM International 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 ABM International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABM International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ABM International generated a negative expected return over the last 90 days | |
| ABM International has high historical volatility and very poor performance | |
| The company reported the revenue of 936.44 M. Net Loss for the year was (34.11 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| ABM International generates negative cash flow from operations | |
| Latest headline from news.google.com: ABM International Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024 - Marketscreener.com |
ABM International 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 ABM Stock often depends not only on the future outlook of the current and potential ABM International'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. ABM International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.4 M | |
| Cash And Short Term Investments | 42.1 M |
ABM International Technical Analysis
ABM International's future price can be derived by breaking down and analyzing its technical indicators over time. ABM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABM International Limited. In general, you should focus on analyzing ABM Stock price patterns and their correlations with different microeconomic environments and drivers.
ABM International Predictive Forecast Models
ABM International's time-series forecasting models is one of many ABM International'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 ABM International'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 ABM International
Checking the ongoing alerts about ABM International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABM International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ABM International generated a negative expected return over the last 90 days | |
| ABM International has high historical volatility and very poor performance | |
| The company reported the revenue of 936.44 M. Net Loss for the year was (34.11 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| ABM International generates negative cash flow from operations | |
| Latest headline from news.google.com: ABM International Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024 - Marketscreener.com |
Other Information on Investing in ABM Stock
ABM International financial ratios help investors to determine whether ABM 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 ABM with respect to the benefits of owning ABM International security.