Agf Management Limited Stock Probability of Future Stock Price Finishing Under 10.75
| AGF-B Stock | CAD 11.12 0.13 1.16% |
AGF |
AGF Management Target Price Odds to finish below 10.75
The tendency of AGF 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 C$ 10.75 or more in 90 days |
| 11.12 | 90 days | 10.75 | about 80.79 |
Based on a normal probability distribution, the odds of AGF Management to drop to C$ 10.75 or more in 90 days from now is about 80.79 (This AGF Management Limited probability density function shows the probability of AGF Stock to fall within a particular range of prices over 90 days) . Probability of AGF Management price to stay between C$ 10.75 and its current price of C$11.12 at the end of the 90-day period is about 6.61 .
Assuming the 90 days trading horizon AGF Management has a beta of 0.49. This suggests as returns on the market go up, AGF Management average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AGF Management Limited will be expected to be much smaller as well. Additionally AGF Management Limited has an alpha of 0.5058, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AGF Management Price Density |
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Predictive Modules for AGF Management
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGF Management. 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.AGF Management Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AGF Management is not an exception. The market had few large corrections towards the AGF Management'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 AGF Management Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AGF Management within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | 0.49 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | 0.22 |
AGF Management 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 AGF Management for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AGF Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: AGF Management Limited Receives Average Rating of Moderate Buy from Brokerages - MarketBeat |
AGF Management 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 AGF Stock often depends not only on the future outlook of the current and potential AGF Management'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. AGF Management's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.2 M | |
| Cash And Short Term Investments | 72.6 M |
AGF Management Technical Analysis
AGF Management's future price can be derived by breaking down and analyzing its technical indicators over time. AGF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AGF Management Limited. In general, you should focus on analyzing AGF Stock price patterns and their correlations with different microeconomic environments and drivers.
AGF Management Predictive Forecast Models
AGF Management's time-series forecasting models is one of many AGF Management'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 AGF Management'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 AGF Management
Checking the ongoing alerts about AGF Management for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AGF Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: AGF Management Limited Receives Average Rating of Moderate Buy from Brokerages - MarketBeat |
Additional Tools for AGF Stock Analysis
When running AGF Management's price analysis, check to measure AGF Management'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 AGF Management is operating at the current time. Most of AGF Management's value examination focuses on studying past and present price action to predict the probability of AGF Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGF Management's price. Additionally, you may evaluate how the addition of AGF Management to your portfolios can decrease your overall portfolio volatility.