AIRTEL NETWORKS (Zambia) Probability of Future Stock Price Finishing Over 43.61
| ATEL Stock | 43.50 0.01 0.02% |
AIRTEL |
AIRTEL NETWORKS Target Price Odds to finish over 43.61
The tendency of AIRTEL 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 43.61 or more in 90 days |
| 43.50 | 90 days | 43.61 | near 1 |
Based on a normal probability distribution, the odds of AIRTEL NETWORKS to move over 43.61 or more in 90 days from now is near 1 (This AIRTEL NETWORKS ZAMBIA probability density function shows the probability of AIRTEL Stock to fall within a particular range of prices over 90 days) . Probability of AIRTEL NETWORKS ZAMBIA price to stay between its current price of 43.50 and 43.61 at the end of the 90-day period is about 62.71 .
Assuming the 90 days trading horizon AIRTEL NETWORKS ZAMBIA has a beta of -0.0141. This suggests as returns on the benchmark increase, returns on holding AIRTEL NETWORKS are expected to decrease at a much lower rate. During a bear market, however, AIRTEL NETWORKS ZAMBIA is likely to outperform the market. Additionally AIRTEL NETWORKS ZAMBIA 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. AIRTEL NETWORKS Price Density |
| Price |
Predictive Modules for AIRTEL NETWORKS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AIRTEL NETWORKS ZAMBIA. 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.AIRTEL NETWORKS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AIRTEL NETWORKS is not an exception. The market had few large corrections towards the AIRTEL NETWORKS'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 AIRTEL NETWORKS ZAMBIA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AIRTEL NETWORKS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0083 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -1.31 |
AIRTEL NETWORKS 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 AIRTEL NETWORKS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AIRTEL NETWORKS ZAMBIA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AIRTEL NETWORKS generated a negative expected return over the last 90 days |
AIRTEL NETWORKS Technical Analysis
AIRTEL NETWORKS's future price can be derived by breaking down and analyzing its technical indicators over time. AIRTEL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AIRTEL NETWORKS ZAMBIA. In general, you should focus on analyzing AIRTEL Stock price patterns and their correlations with different microeconomic environments and drivers.
AIRTEL NETWORKS Predictive Forecast Models
AIRTEL NETWORKS's time-series forecasting models is one of many AIRTEL NETWORKS'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 AIRTEL NETWORKS'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 AIRTEL NETWORKS ZAMBIA
Checking the ongoing alerts about AIRTEL NETWORKS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AIRTEL NETWORKS ZAMBIA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AIRTEL NETWORKS generated a negative expected return over the last 90 days |
Additional Tools for AIRTEL Stock Analysis
When running AIRTEL NETWORKS's price analysis, check to measure AIRTEL NETWORKS'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 AIRTEL NETWORKS is operating at the current time. Most of AIRTEL NETWORKS's value examination focuses on studying past and present price action to predict the probability of AIRTEL NETWORKS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AIRTEL NETWORKS's price. Additionally, you may evaluate how the addition of AIRTEL NETWORKS to your portfolios can decrease your overall portfolio volatility.