Absecon Bancorp Stock Probability of Future Pink Sheet Price Finishing Over 117.71
| ASCN Stock | USD 117.71 10.71 10.01% |
Absecon |
Absecon Bancorp Target Price Odds to finish over 117.71
The tendency of Absecon 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 move above the current price in 90 days |
| 117.71 | 90 days | 117.71 | near 1 |
Based on a normal probability distribution, the odds of Absecon Bancorp to move above the current price in 90 days from now is near 1 (This Absecon Bancorp probability density function shows the probability of Absecon Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Absecon Bancorp has a beta of 0.0158. This suggests as returns on the market go up, Absecon Bancorp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Absecon Bancorp will be expected to be much smaller as well. Additionally Absecon Bancorp has an alpha of 0.0409, implying that it can generate a 0.0409 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Absecon Bancorp Price Density |
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Predictive Modules for Absecon Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Absecon Bancorp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Absecon Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Absecon Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Absecon Bancorp is not an exception. The market had few large corrections towards the Absecon Bancorp'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 Absecon Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Absecon Bancorp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 5.02 | |
Ir | Information ratio | -0.01 |
Absecon Bancorp Technical Analysis
Absecon Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Absecon Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Absecon Bancorp. In general, you should focus on analyzing Absecon Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Absecon Bancorp Predictive Forecast Models
Absecon Bancorp's time-series forecasting models is one of many Absecon Bancorp'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 Absecon Bancorp'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Absecon Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Absecon Bancorp's short interest history, or implied volatility extrapolated from Absecon Bancorp options trading.
Other Information on Investing in Absecon Pink Sheet
Absecon Bancorp financial ratios help investors to determine whether Absecon 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 Absecon with respect to the benefits of owning Absecon Bancorp security.