EAST AFRICAN (Kenya) Probability of Future Stock Price Finishing Over 180.00
| EABREW Stock | 180.00 1.50 0.83% |
EAST |
EAST AFRICAN Target Price Odds to finish over 180.00
The tendency of EAST 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 above the current price in 90 days |
| 180.00 | 90 days | 180.00 | about 17.66 |
Based on a normal probability distribution, the odds of EAST AFRICAN to move above the current price in 90 days from now is about 17.66 (This EAST AFRICAN BREWERIES probability density function shows the probability of EAST Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon EAST AFRICAN has a beta of 0.45 suggesting as returns on the market go up, EAST AFRICAN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EAST AFRICAN BREWERIES will be expected to be much smaller as well. Additionally EAST AFRICAN BREWERIES has an alpha of 0.2632, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EAST AFRICAN Price Density |
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Predictive Modules for EAST AFRICAN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EAST AFRICAN BREWERIES. 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 EAST AFRICAN'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.
EAST AFRICAN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EAST AFRICAN is not an exception. The market had few large corrections towards the EAST AFRICAN'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 EAST AFRICAN BREWERIES, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EAST AFRICAN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 15.77 | |
Ir | Information ratio | 0.06 |
EAST AFRICAN 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 EAST AFRICAN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EAST AFRICAN BREWERIES can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EAST AFRICAN had very high historical volatility over the last 90 days |
EAST AFRICAN Technical Analysis
EAST AFRICAN's future price can be derived by breaking down and analyzing its technical indicators over time. EAST Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EAST AFRICAN BREWERIES. In general, you should focus on analyzing EAST Stock price patterns and their correlations with different microeconomic environments and drivers.
EAST AFRICAN Predictive Forecast Models
EAST AFRICAN's time-series forecasting models is one of many EAST AFRICAN'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 EAST AFRICAN'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 EAST AFRICAN BREWERIES
Checking the ongoing alerts about EAST AFRICAN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EAST AFRICAN BREWERIES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EAST AFRICAN had very high historical volatility over the last 90 days |