AUTO HALL (Morocco) Probability of Future Stock Price Finishing Under 67.95
| AUTO-HALL | 65.02 3.02 4.87% |
AUTO |
AUTO HALL Target Price Odds to finish below 67.95
The tendency of AUTO 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 under 67.95 after 90 days |
| 65.02 | 90 days | 67.95 | about 26.01 |
Based on a normal probability distribution, the odds of AUTO HALL to stay under 67.95 after 90 days from now is about 26.01 (This AUTO HALL probability density function shows the probability of AUTO Stock to fall within a particular range of prices over 90 days) . Probability of AUTO HALL price to stay between its current price of 65.02 and 67.95 at the end of the 90-day period is about 21.11 .
Assuming the 90 days trading horizon AUTO HALL has a beta of 0.12. This suggests as returns on the market go up, AUTO HALL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AUTO HALL will be expected to be much smaller as well. Additionally AUTO HALL 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. AUTO HALL Price Density |
| Price |
Predictive Modules for AUTO HALL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AUTO HALL. 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.AUTO HALL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AUTO HALL is not an exception. The market had few large corrections towards the AUTO HALL'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 AUTO HALL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AUTO HALL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 2.94 | |
Ir | Information ratio | -0.14 |
AUTO HALL 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 AUTO HALL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AUTO HALL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AUTO HALL generated a negative expected return over the last 90 days |
AUTO HALL Technical Analysis
AUTO HALL's future price can be derived by breaking down and analyzing its technical indicators over time. AUTO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AUTO HALL. In general, you should focus on analyzing AUTO Stock price patterns and their correlations with different microeconomic environments and drivers.
AUTO HALL Predictive Forecast Models
AUTO HALL's time-series forecasting models is one of many AUTO HALL'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 AUTO HALL'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 AUTO HALL
Checking the ongoing alerts about AUTO HALL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AUTO HALL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AUTO HALL generated a negative expected return over the last 90 days |