Abans Finance (Sri Lanka) Probability of Future Stock Price Finishing Under 20.0
| AFSLN0000 | LKR 24.00 0.10 0.42% |
Abans |
Abans Finance Target Price Odds to finish below 20.0
The tendency of Abans 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 20.00 or more in 90 days |
| 24.00 | 90 days | 20.00 | about 16.41 |
Based on a normal probability distribution, the odds of Abans Finance to drop to 20.00 or more in 90 days from now is about 16.41 (This Abans Finance PLC probability density function shows the probability of Abans Stock to fall within a particular range of prices over 90 days) . Probability of Abans Finance PLC price to stay between 20.00 and its current price of 24.0 at the end of the 90-day period is about 83.16 .
Assuming the 90 days trading horizon Abans Finance PLC has a beta of -1.71. This suggests as returns on its benchmark rise, returns on holding Abans Finance PLC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Abans Finance is expected to outperform its benchmark. Additionally Abans Finance PLC has an alpha of 0.4927, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Abans Finance Price Density |
| Price |
Predictive Modules for Abans Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abans Finance PLC. 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.Abans Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Abans Finance is not an exception. The market had few large corrections towards the Abans Finance'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 Abans Finance PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Abans Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | -1.71 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.04 |
Abans Finance 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 Abans Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Abans Finance PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Abans Finance PLC appears to be risky and price may revert if volatility continues |
Abans Finance Technical Analysis
Abans Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Abans Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Abans Finance PLC. In general, you should focus on analyzing Abans Stock price patterns and their correlations with different microeconomic environments and drivers.
Abans Finance Predictive Forecast Models
Abans Finance's time-series forecasting models is one of many Abans Finance'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 Abans Finance'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 Abans Finance PLC
Checking the ongoing alerts about Abans Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Abans Finance PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Abans Finance PLC appears to be risky and price may revert if volatility continues |
Other Information on Investing in Abans Stock
Abans Finance financial ratios help investors to determine whether Abans 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 Abans with respect to the benefits of owning Abans Finance security.