CARBACID INVESTMENTS (Kenya) Probability of Future Stock Price Finishing Under 13.02
| CIL Stock | 20.45 0.40 2.00% |
CARBACID |
CARBACID INVESTMENTS Target Price Odds to finish below 13.02
The tendency of CARBACID 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 13.02 or more in 90 days |
| 20.45 | 90 days | 13.02 | near 1 |
Based on a normal probability distribution, the odds of CARBACID INVESTMENTS to drop to 13.02 or more in 90 days from now is near 1 (This CARBACID INVESTMENTS LTD probability density function shows the probability of CARBACID Stock to fall within a particular range of prices over 90 days) . Probability of CARBACID INVESTMENTS LTD price to stay between 13.02 and its current price of 20.45 at the end of the 90-day period is about 36.86 .
Assuming the 90 days trading horizon CARBACID INVESTMENTS LTD has a beta of -0.94 suggesting Additionally CARBACID INVESTMENTS LTD has an alpha of 0.3887, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CARBACID INVESTMENTS Price Density |
| Price |
Predictive Modules for CARBACID INVESTMENTS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CARBACID INVESTMENTS LTD. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CARBACID INVESTMENTS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CARBACID INVESTMENTS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CARBACID INVESTMENTS is not an exception. The market had few large corrections towards the CARBACID INVESTMENTS'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 CARBACID INVESTMENTS LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CARBACID INVESTMENTS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.94 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | 0.06 |
CARBACID INVESTMENTS Technical Analysis
CARBACID INVESTMENTS's future price can be derived by breaking down and analyzing its technical indicators over time. CARBACID Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CARBACID INVESTMENTS LTD. In general, you should focus on analyzing CARBACID Stock price patterns and their correlations with different microeconomic environments and drivers.
CARBACID INVESTMENTS Predictive Forecast Models
CARBACID INVESTMENTS's time-series forecasting models is one of many CARBACID INVESTMENTS'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 CARBACID INVESTMENTS'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CARBACID INVESTMENTS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CARBACID INVESTMENTS's short interest history, or implied volatility extrapolated from CARBACID INVESTMENTS options trading.