EB Creasy (Sri Lanka) Probability of Future Stock Price Finishing Over 23.0
| EBCRN0000 | LKR 24.00 0.10 0.42% |
EBCRN0000 |
EB Creasy Target Price Odds to finish over 23.0
The tendency of EBCRN0000 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 stay above 23.00 in 90 days |
| 24.00 | 90 days | 23.00 | about 88.03 |
Based on a normal probability distribution, the odds of EB Creasy to stay above 23.00 in 90 days from now is about 88.03 (This EB Creasy and probability density function shows the probability of EBCRN0000 Stock to fall within a particular range of prices over 90 days) . Probability of EB Creasy price to stay between 23.00 and its current price of 24.0 at the end of the 90-day period is about 49.59 .
Assuming the 90 days trading horizon EB Creasy has a beta of 0.36 suggesting as returns on the market go up, EB Creasy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EB Creasy and will be expected to be much smaller as well. Additionally EB Creasy and 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. EB Creasy Price Density |
| Price |
Predictive Modules for EB Creasy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EB Creasy. 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.EB Creasy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EB Creasy is not an exception. The market had few large corrections towards the EB Creasy'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 EB Creasy and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EB Creasy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0077 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | -0.05 |
EB Creasy Technical Analysis
EB Creasy's future price can be derived by breaking down and analyzing its technical indicators over time. EBCRN0000 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EB Creasy and. In general, you should focus on analyzing EBCRN0000 Stock price patterns and their correlations with different microeconomic environments and drivers.
EB Creasy Predictive Forecast Models
EB Creasy's time-series forecasting models is one of many EB Creasy'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 EB Creasy'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 EB Creasy 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, EB Creasy's short interest history, or implied volatility extrapolated from EB Creasy options trading.
Other Information on Investing in EBCRN0000 Stock
EB Creasy financial ratios help investors to determine whether EBCRN0000 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 EBCRN0000 with respect to the benefits of owning EB Creasy security.