Bilal Fibres (Pakistan) Probability of Future Stock Price Finishing Under 7.73
| BILF Stock | 16.20 0.09 0.56% |
Bilal |
Bilal Fibres Target Price Odds to finish below 7.73
The tendency of Bilal 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 7.73 or more in 90 days |
| 16.20 | 90 days | 7.73 | about 7.53 |
Based on a normal probability distribution, the odds of Bilal Fibres to drop to 7.73 or more in 90 days from now is about 7.53 (This Bilal Fibres probability density function shows the probability of Bilal Stock to fall within a particular range of prices over 90 days) . Probability of Bilal Fibres price to stay between 7.73 and its current price of 16.2 at the end of the 90-day period is about 49.38 .
Assuming the 90 days trading horizon Bilal Fibres has a beta of -0.51 suggesting as returns on the benchmark increase, returns on holding Bilal Fibres are expected to decrease at a much lower rate. During a bear market, however, Bilal Fibres is likely to outperform the market. In addition to that Bilal Fibres has an alpha of 2.9528, implying that it can generate a 2.95 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bilal Fibres Price Density |
| Price |
Predictive Modules for Bilal Fibres
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bilal Fibres. 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.Bilal Fibres Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bilal Fibres is not an exception. The market had few large corrections towards the Bilal Fibres' 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 Bilal Fibres, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bilal Fibres within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.95 | |
β | Beta against Dow Jones | -0.51 | |
σ | Overall volatility | 5.26 | |
Ir | Information ratio | 0.32 |
Bilal Fibres 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 Bilal Fibres for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bilal Fibres can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bilal Fibres is way too risky over 90 days horizon | |
| Bilal Fibres appears to be risky and price may revert if volatility continues |
Bilal Fibres Technical Analysis
Bilal Fibres' future price can be derived by breaking down and analyzing its technical indicators over time. Bilal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bilal Fibres. In general, you should focus on analyzing Bilal Stock price patterns and their correlations with different microeconomic environments and drivers.
Bilal Fibres Predictive Forecast Models
Bilal Fibres' time-series forecasting models is one of many Bilal Fibres' 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 Bilal Fibres' 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 Bilal Fibres
Checking the ongoing alerts about Bilal Fibres for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bilal Fibres help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bilal Fibres is way too risky over 90 days horizon | |
| Bilal Fibres appears to be risky and price may revert if volatility continues |
Other Information on Investing in Bilal Stock
Bilal Fibres financial ratios help investors to determine whether Bilal Stock 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 Bilal with respect to the benefits of owning Bilal Fibres security.