DFCC Bank (Sri Lanka) Probability of Future Stock Price Finishing Under 74.88
| DFCCN0000 | LKR 87.60 1.70 1.98% |
DFCC |
DFCC Bank Target Price Odds to finish below 74.88
The tendency of DFCC 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 74.88 or more in 90 days |
| 87.60 | 90 days | 74.88 | about 39.33 |
Based on a normal probability distribution, the odds of DFCC Bank to drop to 74.88 or more in 90 days from now is about 39.33 (This DFCC Bank PLC probability density function shows the probability of DFCC Stock to fall within a particular range of prices over 90 days) . Probability of DFCC Bank PLC price to stay between 74.88 and its current price of 87.6 at the end of the 90-day period is about 52.91 .
Assuming the 90 days trading horizon DFCC Bank has a beta of 0.14 suggesting as returns on the market go up, DFCC Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DFCC Bank PLC will be expected to be much smaller as well. Additionally DFCC Bank PLC has an alpha of 0.3291, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DFCC Bank Price Density |
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Predictive Modules for DFCC Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DFCC Bank 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.DFCC Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DFCC Bank is not an exception. The market had few large corrections towards the DFCC Bank'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 DFCC Bank PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DFCC Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 7.49 | |
Ir | Information ratio | 0.13 |
DFCC Bank Technical Analysis
DFCC Bank's future price can be derived by breaking down and analyzing its technical indicators over time. DFCC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DFCC Bank PLC. In general, you should focus on analyzing DFCC Stock price patterns and their correlations with different microeconomic environments and drivers.
DFCC Bank Predictive Forecast Models
DFCC Bank's time-series forecasting models is one of many DFCC Bank'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 DFCC Bank'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 DFCC Bank 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, DFCC Bank's short interest history, or implied volatility extrapolated from DFCC Bank options trading.
Other Information on Investing in DFCC Stock
DFCC Bank financial ratios help investors to determine whether DFCC 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 DFCC with respect to the benefits of owning DFCC Bank security.