Corporacion Aceros (Peru) Probability of Future Stock Price Finishing Over 1.06
| CORAREI1 | 1.05 0.04 3.96% |
Corporacion |
Corporacion Aceros Target Price Odds to finish over 1.06
The tendency of Corporacion 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 1.06 or more in 90 days |
| 1.05 | 90 days | 1.06 | about 12.93 |
Based on a normal probability distribution, the odds of Corporacion Aceros to move over 1.06 or more in 90 days from now is about 12.93 (This Corporacion Aceros Arequipa probability density function shows the probability of Corporacion Stock to fall within a particular range of prices over 90 days) . Probability of Corporacion Aceros price to stay between its current price of 1.05 and 1.06 at the end of the 90-day period is about 15.68 .
Assuming the 90 days trading horizon Corporacion Aceros Arequipa has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding Corporacion Aceros are expected to decrease at a much lower rate. During a bear market, however, Corporacion Aceros Arequipa is likely to outperform the market. Additionally Corporacion Aceros Arequipa has an alpha of 0.0899, implying that it can generate a 0.0899 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Corporacion Aceros Price Density |
| Price |
Predictive Modules for Corporacion Aceros
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Corporacion Aceros. 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.Corporacion Aceros Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Corporacion Aceros is not an exception. The market had few large corrections towards the Corporacion Aceros' 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 Corporacion Aceros Arequipa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Corporacion Aceros within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.03 |
Corporacion Aceros 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 Corporacion Aceros for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Corporacion Aceros can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Corporacion Aceros has some characteristics of a very speculative penny stock |
Corporacion Aceros Technical Analysis
Corporacion Aceros' future price can be derived by breaking down and analyzing its technical indicators over time. Corporacion Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Corporacion Aceros Arequipa. In general, you should focus on analyzing Corporacion Stock price patterns and their correlations with different microeconomic environments and drivers.
Corporacion Aceros Predictive Forecast Models
Corporacion Aceros' time-series forecasting models is one of many Corporacion Aceros' 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 Corporacion Aceros' 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 Corporacion Aceros
Checking the ongoing alerts about Corporacion Aceros for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Corporacion Aceros help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Corporacion Aceros has some characteristics of a very speculative penny stock |
Other Information on Investing in Corporacion Stock
Corporacion Aceros financial ratios help investors to determine whether Corporacion 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 Corporacion with respect to the benefits of owning Corporacion Aceros security.