Apna Microfinance (Pakistan) Probability of Future Stock Price Finishing Over 9.79
| AMBL Stock | 10.00 0.94 8.59% |
Apna |
Apna Microfinance Target Price Odds to finish over 9.79
The tendency of Apna 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 stay above 9.79 in 90 days |
| 10.00 | 90 days | 9.79 | about 81.98 |
Based on a normal probability distribution, the odds of Apna Microfinance to stay above 9.79 in 90 days from now is about 81.98 (This Apna Microfinance Bank probability density function shows the probability of Apna Stock to fall within a particular range of prices over 90 days) . Probability of Apna Microfinance Bank price to stay between 9.79 and its current price of 10.0 at the end of the 90-day period is roughly 2.73 .
Assuming the 90 days trading horizon Apna Microfinance has a beta of 0.55. This suggests as returns on the market go up, Apna Microfinance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Apna Microfinance Bank will be expected to be much smaller as well. Additionally Apna Microfinance Bank 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. Apna Microfinance Price Density |
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Predictive Modules for Apna Microfinance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Apna Microfinance Bank. 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.Apna Microfinance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Apna Microfinance is not an exception. The market had few large corrections towards the Apna Microfinance'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 Apna Microfinance Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Apna Microfinance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.74 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | -0.24 |
Apna Microfinance 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 Apna Microfinance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Apna Microfinance Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Apna Microfinance generated a negative expected return over the last 90 days |
Apna Microfinance Technical Analysis
Apna Microfinance's future price can be derived by breaking down and analyzing its technical indicators over time. Apna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Apna Microfinance Bank. In general, you should focus on analyzing Apna Stock price patterns and their correlations with different microeconomic environments and drivers.
Apna Microfinance Predictive Forecast Models
Apna Microfinance's time-series forecasting models is one of many Apna Microfinance'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 Apna Microfinance'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 Apna Microfinance Bank
Checking the ongoing alerts about Apna Microfinance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Apna Microfinance Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Apna Microfinance generated a negative expected return over the last 90 days |