AKD Hospitality (Pakistan) Probability of Future Stock Price Finishing Under 121.26
| AKDHL Stock | 138.03 1.14 0.82% |
AKD |
AKD Hospitality Target Price Odds to finish below 121.26
The tendency of AKD 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 121.26 or more in 90 days |
| 138.03 | 90 days | 121.26 | near 1 |
Based on a normal probability distribution, the odds of AKD Hospitality to drop to 121.26 or more in 90 days from now is near 1 (This AKD Hospitality probability density function shows the probability of AKD Stock to fall within a particular range of prices over 90 days) . Probability of AKD Hospitality price to stay between 121.26 and its current price of 138.03 at the end of the 90-day period is about 50.33 .
Assuming the 90 days trading horizon AKD Hospitality has a beta of -0.73. This suggests as returns on the benchmark increase, returns on holding AKD Hospitality are expected to decrease at a much lower rate. During a bear market, however, AKD Hospitality is likely to outperform the market. Additionally AKD Hospitality 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. AKD Hospitality Price Density |
| Price |
Predictive Modules for AKD Hospitality
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AKD Hospitality. 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.AKD Hospitality Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AKD Hospitality is not an exception. The market had few large corrections towards the AKD Hospitality'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 AKD Hospitality, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AKD Hospitality within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 6.10 | |
Ir | Information ratio | -0.12 |
AKD Hospitality 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 AKD Hospitality for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AKD Hospitality can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AKD Hospitality generated a negative expected return over the last 90 days |
AKD Hospitality Technical Analysis
AKD Hospitality's future price can be derived by breaking down and analyzing its technical indicators over time. AKD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AKD Hospitality. In general, you should focus on analyzing AKD Stock price patterns and their correlations with different microeconomic environments and drivers.
AKD Hospitality Predictive Forecast Models
AKD Hospitality's time-series forecasting models is one of many AKD Hospitality'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 AKD Hospitality'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 AKD Hospitality
Checking the ongoing alerts about AKD Hospitality for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AKD Hospitality help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AKD Hospitality generated a negative expected return over the last 90 days |