Aspen Group (Australia) Probability of Future Stock Price Finishing Over 2.62
| APZ Stock | 2.55 0.05 1.92% |
Aspen |
Aspen Group Target Price Odds to finish over 2.62
The tendency of Aspen 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 2.62 or more in 90 days |
| 2.55 | 90 days | 2.62 | near 1 |
Based on a normal probability distribution, the odds of Aspen Group to move over 2.62 or more in 90 days from now is near 1 (This Aspen Group Unit probability density function shows the probability of Aspen Stock to fall within a particular range of prices over 90 days) . Probability of Aspen Group Unit price to stay between its current price of 2.55 and 2.62 at the end of the 90-day period is about 1.2 .
Assuming the 90 days trading horizon Aspen Group Unit has a beta of -0.38. This suggests as returns on the benchmark increase, returns on holding Aspen Group are expected to decrease at a much lower rate. During a bear market, however, Aspen Group Unit is likely to outperform the market. Additionally Aspen Group Unit has an alpha of 0.3309, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aspen Group Price Density |
| Price |
Predictive Modules for Aspen 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 Aspen Group Unit. 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.Aspen Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aspen Group is not an exception. The market had few large corrections towards the Aspen 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 Aspen Group Unit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aspen Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.07 |
Aspen 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 Aspen Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aspen Group Unit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aspen Group Unit has high likelihood to experience some financial distress in the next 2 years | |
| About 17.0% of the company shares are held by company insiders |
Aspen 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 Aspen Stock often depends not only on the future outlook of the current and potential Aspen 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. Aspen Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 185.5 M | |
| Cash And Short Term Investments | 4.5 M |
Aspen Group Technical Analysis
Aspen Group's future price can be derived by breaking down and analyzing its technical indicators over time. Aspen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aspen Group Unit. In general, you should focus on analyzing Aspen Stock price patterns and their correlations with different microeconomic environments and drivers.
Aspen Group Predictive Forecast Models
Aspen Group's time-series forecasting models is one of many Aspen Group'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 Aspen 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 stock market movement and maximize returns from investment trading.
Things to note about Aspen Group Unit
Checking the ongoing alerts about Aspen Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aspen Group Unit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aspen Group Unit has high likelihood to experience some financial distress in the next 2 years | |
| About 17.0% of the company shares are held by company insiders |
Additional Tools for Aspen Stock Analysis
When running Aspen Group's price analysis, check to measure Aspen Group'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 Aspen Group is operating at the current time. Most of Aspen Group's value examination focuses on studying past and present price action to predict the probability of Aspen Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Group's price. Additionally, you may evaluate how the addition of Aspen Group to your portfolios can decrease your overall portfolio volatility.