Atlas Honda (Pakistan) Probability of Future Stock Price Finishing Under 856.37
| ATLH Stock | 858.65 40.64 4.97% |
Atlas |
Atlas Honda Target Price Odds to finish below 856.37
The tendency of Atlas 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 856.37 or more in 90 days |
| 858.65 | 90 days | 856.37 | about 89.18 |
Based on a normal probability distribution, the odds of Atlas Honda to drop to 856.37 or more in 90 days from now is about 89.18 (This Atlas Honda probability density function shows the probability of Atlas Stock to fall within a particular range of prices over 90 days) . Probability of Atlas Honda price to stay between 856.37 and its current price of 858.65 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Atlas Honda has a beta of 0.53. This suggests as returns on the market go up, Atlas Honda average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atlas Honda will be expected to be much smaller as well. Additionally Atlas Honda has an alpha of 0.5156, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Atlas Honda Price Density |
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Predictive Modules for Atlas Honda
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atlas Honda. 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.Atlas Honda Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atlas Honda is not an exception. The market had few large corrections towards the Atlas Honda'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 Atlas Honda, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atlas Honda within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 110.34 | |
Ir | Information ratio | 0.20 |
Atlas Honda Technical Analysis
Atlas Honda's future price can be derived by breaking down and analyzing its technical indicators over time. Atlas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlas Honda. In general, you should focus on analyzing Atlas Stock price patterns and their correlations with different microeconomic environments and drivers.
Atlas Honda Predictive Forecast Models
Atlas Honda's time-series forecasting models is one of many Atlas Honda'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 Atlas Honda'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.
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 Atlas Honda 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, Atlas Honda's short interest history, or implied volatility extrapolated from Atlas Honda options trading.