East West (Pakistan) Probability of Future Stock Price Finishing Over 34.71
| EWIC Stock | 38.02 0.31 0.82% |
East |
East West Target Price Odds to finish over 34.71
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 stay above 34.71 in 90 days |
| 38.02 | 90 days | 34.71 | about 84.38 |
Based on a normal probability distribution, the odds of East West to stay above 34.71 in 90 days from now is about 84.38 (This East West Insurance probability density function shows the probability of East Stock to fall within a particular range of prices over 90 days) . Probability of East West Insurance price to stay between 34.71 and its current price of 38.02 at the end of the 90-day period is about 21.53 .
Assuming the 90 days trading horizon East West Insurance has a beta of -0.18 suggesting as returns on the benchmark increase, returns on holding East West are expected to decrease at a much lower rate. During a bear market, however, East West Insurance is likely to outperform the market. Additionally East West Insurance 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. East West Price Density |
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Predictive Modules for East West
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 West Insurance. 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.East West Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. East West is not an exception. The market had few large corrections towards the East West'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 West Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of East West within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.97 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 4.85 | |
Ir | Information ratio | -0.22 |
East West 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 West for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for East West Insurance 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 West Insurance generated a negative expected return over the last 90 days |
East West Technical Analysis
East West'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 West Insurance. In general, you should focus on analyzing East Stock price patterns and their correlations with different microeconomic environments and drivers.
East West Predictive Forecast Models
East West's time-series forecasting models is one of many East West'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 West'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 West Insurance
Checking the ongoing alerts about East West for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for East West Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| East West Insurance generated a negative expected return over the last 90 days |