Akme Fintrade (India) Probability of Future Stock Price Finishing Under 84.8
| AFIL Stock | 80.72 0.08 0.1% |
Akme |
Akme Fintrade Target Price Odds to finish below 84.8
The tendency of Akme 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 84.80 after 90 days |
| 80.72 | 90 days | 84.80 | nearly 4.38 |
Based on a normal probability distribution, the odds of Akme Fintrade to stay under 84.80 after 90 days from now is nearly 4.38 (This Akme Fintrade India probability density function shows the probability of Akme Stock to fall within a particular range of prices over 90 days) . Probability of Akme Fintrade India price to stay between its current price of 80.72 and 84.80 at the end of the 90-day period is roughly 2.5 .
Assuming the 90 days trading horizon Akme Fintrade India has a beta of -0.33. This suggests as returns on the benchmark increase, returns on holding Akme Fintrade are expected to decrease at a much lower rate. During a bear market, however, Akme Fintrade India is likely to outperform the market. Additionally Akme Fintrade India 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. Akme Fintrade Price Density |
| Price |
Predictive Modules for Akme Fintrade
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akme Fintrade India. 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.Akme Fintrade Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Akme Fintrade is not an exception. The market had few large corrections towards the Akme Fintrade'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 Akme Fintrade India, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Akme Fintrade within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 11.13 | |
Ir | Information ratio | -0.25 |
Akme Fintrade 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 Akme Fintrade for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Akme Fintrade India can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Akme Fintrade India generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Four companies get Sebis nod to launch IPOs - MSN |
Akme Fintrade Technical Analysis
Akme Fintrade's future price can be derived by breaking down and analyzing its technical indicators over time. Akme Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Akme Fintrade India. In general, you should focus on analyzing Akme Stock price patterns and their correlations with different microeconomic environments and drivers.
Akme Fintrade Predictive Forecast Models
Akme Fintrade's time-series forecasting models is one of many Akme Fintrade'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 Akme Fintrade'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 Akme Fintrade India
Checking the ongoing alerts about Akme Fintrade for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Akme Fintrade India help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Akme Fintrade India generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Four companies get Sebis nod to launch IPOs - MSN |
Additional Tools for Akme Stock Analysis
When running Akme Fintrade's price analysis, check to measure Akme Fintrade's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akme Fintrade is operating at the current time. Most of Akme Fintrade's value examination focuses on studying past and present price action to predict the probability of Akme Fintrade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akme Fintrade's price. Additionally, you may evaluate how the addition of Akme Fintrade to your portfolios can decrease your overall portfolio volatility.