Crescent Fibres (Pakistan) Probability of Future Stock Price Finishing Under 38.49
| CFL Stock | 43.97 4.37 11.04% |
Crescent |
Crescent Fibres Target Price Odds to finish below 38.49
The tendency of Crescent 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 38.49 or more in 90 days |
| 43.97 | 90 days | 38.49 | under 4 |
Based on a normal probability distribution, the odds of Crescent Fibres to drop to 38.49 or more in 90 days from now is under 4 (This Crescent Fibres Limited probability density function shows the probability of Crescent Stock to fall within a particular range of prices over 90 days) . Probability of Crescent Fibres price to stay between 38.49 and its current price of 43.97 at the end of the 90-day period is about 5.6 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.13 suggesting Crescent Fibres Limited market returns are sensible to returns on the market. As the market goes up or down, Crescent Fibres is expected to follow. Additionally Crescent Fibres Limited 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. Crescent Fibres Price Density |
| Price |
Predictive Modules for Crescent 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 Crescent 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.Crescent Fibres Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Crescent Fibres is not an exception. The market had few large corrections towards the Crescent 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 Crescent Fibres Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Crescent Fibres within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.84 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 11.01 | |
Ir | Information ratio | -0.17 |
Crescent 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 Crescent Fibres for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Crescent 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.| Crescent Fibres is not yet fully synchronised with the market data | |
| Crescent Fibres generated a negative expected return over the last 90 days | |
| Crescent Fibres has high historical volatility and very poor performance |
Crescent Fibres Technical Analysis
Crescent Fibres' future price can be derived by breaking down and analyzing its technical indicators over time. Crescent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Crescent Fibres Limited. In general, you should focus on analyzing Crescent Stock price patterns and their correlations with different microeconomic environments and drivers.
Crescent Fibres Predictive Forecast Models
Crescent Fibres' time-series forecasting models is one of many Crescent 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 Crescent 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 Crescent Fibres
Checking the ongoing alerts about Crescent Fibres for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Crescent Fibres help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Crescent Fibres is not yet fully synchronised with the market data | |
| Crescent Fibres generated a negative expected return over the last 90 days | |
| Crescent Fibres has high historical volatility and very poor performance |
Additional Tools for Crescent Stock Analysis
When running Crescent Fibres' price analysis, check to measure Crescent Fibres' 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 Crescent Fibres is operating at the current time. Most of Crescent Fibres' value examination focuses on studying past and present price action to predict the probability of Crescent Fibres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Fibres' price. Additionally, you may evaluate how the addition of Crescent Fibres to your portfolios can decrease your overall portfolio volatility.