Ampol Ltd Adr Stock Chance of Future Pink Sheet Price Finishing Over 38.96
| CTXAY Stock | USD 38.96 2.41 6.59% |
Ampol |
Ampol Target Price Odds to finish over 38.96
The tendency of Ampol Pink Sheet 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 above the current price in 90 days |
| 38.96 | 90 days | 38.96 | about 42.31 |
Based on a normal probability distribution, the odds of Ampol to move above the current price in 90 days from now is about 42.31 (This Ampol Ltd ADR probability density function shows the probability of Ampol Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Ampol has a beta of 0.039 suggesting as returns on the market go up, Ampol average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ampol Ltd ADR will be expected to be much smaller as well. Additionally Ampol Ltd ADR 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. Ampol Price Density |
| Price |
Predictive Modules for Ampol
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ampol Ltd ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Ampol Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ampol is not an exception. The market had few large corrections towards the Ampol'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 Ampol Ltd ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ampol within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.65 | |
Ir | Information ratio | -0.14 |
Ampol Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ampol Pink Sheet often depends not only on the future outlook of the current and potential Ampol's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ampol's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 238.3 M |
Ampol Technical Analysis
Ampol's future price can be derived by breaking down and analyzing its technical indicators over time. Ampol Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ampol Ltd ADR. In general, you should focus on analyzing Ampol Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Ampol Predictive Forecast Models
Ampol's time-series forecasting models is one of many Ampol's pink sheet 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 Ampol'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 pink sheet 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 Ampol 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, Ampol's short interest history, or implied volatility extrapolated from Ampol options trading.
Additional Tools for Ampol Pink Sheet Analysis
When running Ampol's price analysis, check to measure Ampol'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 Ampol is operating at the current time. Most of Ampol's value examination focuses on studying past and present price action to predict the probability of Ampol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampol's price. Additionally, you may evaluate how the addition of Ampol to your portfolios can decrease your overall portfolio volatility.