CHILANGA CEMENT (Zambia) Probability of Future Stock Price Finishing Under 20.34
| CHIL Stock | 25.50 0.01 0.04% |
CHILANGA |
CHILANGA CEMENT Target Price Odds to finish below 20.34
The tendency of CHILANGA 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 20.34 or more in 90 days |
| 25.50 | 90 days | 20.34 | about 21.08 |
Based on a normal probability distribution, the odds of CHILANGA CEMENT to drop to 20.34 or more in 90 days from now is about 21.08 (This CHILANGA CEMENT PLC probability density function shows the probability of CHILANGA Stock to fall within a particular range of prices over 90 days) . Probability of CHILANGA CEMENT PLC price to stay between 20.34 and its current price of 25.5 at the end of the 90-day period is about 75.06 .
Assuming the 90 days trading horizon CHILANGA CEMENT has a beta of 0.2 suggesting as returns on the market go up, CHILANGA CEMENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CHILANGA CEMENT PLC will be expected to be much smaller as well. Additionally CHILANGA CEMENT PLC has an alpha of 0.4042, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CHILANGA CEMENT Price Density |
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Predictive Modules for CHILANGA CEMENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHILANGA CEMENT PLC. 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.CHILANGA CEMENT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CHILANGA CEMENT is not an exception. The market had few large corrections towards the CHILANGA CEMENT'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 CHILANGA CEMENT PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CHILANGA CEMENT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | 0.08 |
CHILANGA CEMENT 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 CHILANGA CEMENT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CHILANGA CEMENT PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CHILANGA CEMENT PLC had very high historical volatility over the last 90 days |
CHILANGA CEMENT Technical Analysis
CHILANGA CEMENT's future price can be derived by breaking down and analyzing its technical indicators over time. CHILANGA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CHILANGA CEMENT PLC. In general, you should focus on analyzing CHILANGA Stock price patterns and their correlations with different microeconomic environments and drivers.
CHILANGA CEMENT Predictive Forecast Models
CHILANGA CEMENT's time-series forecasting models is one of many CHILANGA CEMENT'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 CHILANGA CEMENT'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 CHILANGA CEMENT PLC
Checking the ongoing alerts about CHILANGA CEMENT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CHILANGA CEMENT PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CHILANGA CEMENT PLC had very high historical volatility over the last 90 days |
Additional Tools for CHILANGA Stock Analysis
When running CHILANGA CEMENT's price analysis, check to measure CHILANGA CEMENT'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 CHILANGA CEMENT is operating at the current time. Most of CHILANGA CEMENT's value examination focuses on studying past and present price action to predict the probability of CHILANGA CEMENT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHILANGA CEMENT's price. Additionally, you may evaluate how the addition of CHILANGA CEMENT to your portfolios can decrease your overall portfolio volatility.