Burshane LPG (Pakistan) Probability of Future Stock Price Finishing Over 33.75
| BPL Stock | 29.10 1.09 3.89% |
Burshane |
Burshane LPG Target Price Odds to finish over 33.75
The tendency of Burshane 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 33.75 or more in 90 days |
| 29.10 | 90 days | 33.75 | roughly 2.22 |
Based on a normal probability distribution, the odds of Burshane LPG to move over 33.75 or more in 90 days from now is roughly 2.22 (This Burshane LPG probability density function shows the probability of Burshane Stock to fall within a particular range of prices over 90 days) . Probability of Burshane LPG price to stay between its current price of 29.10 and 33.75 at the end of the 90-day period is about 37.15 .
Assuming the 90 days trading horizon Burshane LPG has a beta of -0.67 suggesting as returns on the benchmark increase, returns on holding Burshane LPG are expected to decrease at a much lower rate. During a bear market, however, Burshane LPG is likely to outperform the market. Additionally Burshane LPG 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. Burshane LPG Price Density |
| Price |
Predictive Modules for Burshane LPG
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Burshane LPG. 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.Burshane LPG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Burshane LPG is not an exception. The market had few large corrections towards the Burshane LPG'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 Burshane LPG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Burshane LPG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.67 | |
σ | Overall volatility | 2.67 | |
Ir | Information ratio | -0.09 |
Burshane LPG 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 Burshane LPG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Burshane LPG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Burshane LPG generated a negative expected return over the last 90 days | |
| Burshane LPG has high historical volatility and very poor performance |
Burshane LPG Technical Analysis
Burshane LPG's future price can be derived by breaking down and analyzing its technical indicators over time. Burshane Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Burshane LPG. In general, you should focus on analyzing Burshane Stock price patterns and their correlations with different microeconomic environments and drivers.
Burshane LPG Predictive Forecast Models
Burshane LPG's time-series forecasting models is one of many Burshane LPG'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 Burshane LPG'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 Burshane LPG
Checking the ongoing alerts about Burshane LPG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Burshane LPG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Burshane LPG generated a negative expected return over the last 90 days | |
| Burshane LPG has high historical volatility and very poor performance |
Additional Tools for Burshane Stock Analysis
When running Burshane LPG's price analysis, check to measure Burshane LPG'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 Burshane LPG is operating at the current time. Most of Burshane LPG's value examination focuses on studying past and present price action to predict the probability of Burshane LPG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burshane LPG's price. Additionally, you may evaluate how the addition of Burshane LPG to your portfolios can decrease your overall portfolio volatility.