Air New (Australia) Odds of Future Stock Price Finishing Over 1.67
| AIZ Stock | 0.48 0.01 2.04% |
Air |
Air New Target Price Odds to finish over 1.67
The tendency of Air 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 over 1.67 or more in 90 days |
| 0.48 | 90 days | 1.67 | close to zero percent |
Based on a normal probability distribution, the odds of Air New to move over 1.67 or more in 90 days from now is close to zero percent (This Air New Zealand probability density function shows the probability of Air Stock to fall within a particular range of prices over 90 days) . Probability of Air New Zealand price to stay between its current price of 0.48 and 1.67 at the end of the 90-day period is about 88.94 .
Assuming the 90 days trading horizon Air New has a beta of 0.027. This suggests as returns on the market go up, Air New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Air New Zealand will be expected to be much smaller as well. Additionally Air New Zealand 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. Air New Price Density |
| Price |
Predictive Modules for Air New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Air New Zealand. 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.Air New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Air New is not an exception. The market had few large corrections towards the Air New'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 Air New Zealand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Air New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.18 |
Air New 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 Air New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Air New Zealand can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Air New Zealand generated a negative expected return over the last 90 days | |
| Air New Zealand has some characteristics of a very speculative penny stock | |
| Air New Zealand has high likelihood to experience some financial distress in the next 2 years | |
| About 52.0% of the company shares are held by company insiders |
Air New 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 Air Stock often depends not only on the future outlook of the current and potential Air New'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. Air New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B | |
| Cash And Short Term Investments | 1.3 B |
Air New Technical Analysis
Air New's future price can be derived by breaking down and analyzing its technical indicators over time. Air Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Air New Zealand. In general, you should focus on analyzing Air Stock price patterns and their correlations with different microeconomic environments and drivers.
Air New Predictive Forecast Models
Air New's time-series forecasting models is one of many Air New'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 Air New'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 Air New Zealand
Checking the ongoing alerts about Air New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Air New Zealand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Air New Zealand generated a negative expected return over the last 90 days | |
| Air New Zealand has some characteristics of a very speculative penny stock | |
| Air New Zealand has high likelihood to experience some financial distress in the next 2 years | |
| About 52.0% of the company shares are held by company insiders |
Additional Tools for Air Stock Analysis
When running Air New's price analysis, check to measure Air New'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 Air New is operating at the current time. Most of Air New's value examination focuses on studying past and present price action to predict the probability of Air New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air New's price. Additionally, you may evaluate how the addition of Air New to your portfolios can decrease your overall portfolio volatility.