Ashmore Group Plc Stock Probability of Future Pink Sheet Price Finishing Under 2.81
| AJMPF Stock | USD 2.70 0.00 0.00% |
Ashmore |
Ashmore Group Target Price Odds to finish below 2.81
The tendency of Ashmore Pink Sheet 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 $ 2.81 after 90 days |
| 2.70 | 90 days | 2.81 | about 98.0 |
Based on a normal probability distribution, the odds of Ashmore Group to stay under $ 2.81 after 90 days from now is about 98.0 (This Ashmore Group Plc probability density function shows the probability of Ashmore Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Ashmore Group Plc price to stay between its current price of $ 2.70 and $ 2.81 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Ashmore Group Plc has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding Ashmore Group are expected to decrease at a much lower rate. During a bear market, however, Ashmore Group Plc is likely to outperform the market. Additionally Ashmore Group Plc has an alpha of 0.2695, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ashmore Group Price Density |
| Price |
Predictive Modules for Ashmore Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ashmore Group Plc. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Ashmore Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ashmore Group is not an exception. The market had few large corrections towards the Ashmore Group'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 Ashmore Group Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ashmore Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | 0.04 |
Ashmore Group 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 Ashmore Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ashmore Group 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.| Ashmore Group Plc had very high historical volatility over the last 90 days | |
| About 40.0% of the company shares are held by company insiders |
Ashmore Group 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 Ashmore Pink Sheet often depends not only on the future outlook of the current and potential Ashmore Group'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. Ashmore Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 712.7 M |
Ashmore Group Technical Analysis
Ashmore Group's future price can be derived by breaking down and analyzing its technical indicators over time. Ashmore Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ashmore Group Plc. In general, you should focus on analyzing Ashmore Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Ashmore Group Predictive Forecast Models
Ashmore Group's time-series forecasting models is one of many Ashmore Group's pink sheet 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 Ashmore Group'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Ashmore Group Plc
Checking the ongoing alerts about Ashmore Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ashmore Group Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ashmore Group Plc had very high historical volatility over the last 90 days | |
| About 40.0% of the company shares are held by company insiders |
Other Information on Investing in Ashmore Pink Sheet
Ashmore Group financial ratios help investors to determine whether Ashmore Pink Sheet 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 Ashmore with respect to the benefits of owning Ashmore Group security.