Firstrand (South Africa) Probability of Future Stock Price Finishing Over 7687.35
| FSR Stock | 7,694 204.00 2.58% |
Firstrand |
Firstrand Target Price Odds to finish over 7687.35
The tendency of Firstrand 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 7,687 in 90 days |
| 7,694 | 90 days | 7,687 | about 92.26 |
Based on a normal probability distribution, the odds of Firstrand to stay above 7,687 in 90 days from now is about 92.26 (This Firstrand probability density function shows the probability of Firstrand Stock to fall within a particular range of prices over 90 days) . Probability of Firstrand price to stay between 7,687 and its current price of 7694.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Firstrand has a beta of 0.16. This usually indicates as returns on the market go up, Firstrand average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Firstrand will be expected to be much smaller as well. Additionally Firstrand 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. Firstrand Price Density |
| Price |
Predictive Modules for Firstrand
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Firstrand. 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.Firstrand Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Firstrand is not an exception. The market had few large corrections towards the Firstrand'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 Firstrand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Firstrand within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 250.38 | |
Ir | Information ratio | -0.17 |
Firstrand 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 Firstrand for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Firstrand can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Firstrand generated a negative expected return over the last 90 days |
Firstrand 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 Firstrand Stock often depends not only on the future outlook of the current and potential Firstrand'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. Firstrand's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.6 B | |
| Cash And Short Term Investments | 145.7 B |
Firstrand Technical Analysis
Firstrand's future price can be derived by breaking down and analyzing its technical indicators over time. Firstrand Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Firstrand. In general, you should focus on analyzing Firstrand Stock price patterns and their correlations with different microeconomic environments and drivers.
Firstrand Predictive Forecast Models
Firstrand's time-series forecasting models is one of many Firstrand'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 Firstrand'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 Firstrand
Checking the ongoing alerts about Firstrand for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Firstrand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Firstrand generated a negative expected return over the last 90 days |
Other Information on Investing in Firstrand Stock
Firstrand financial ratios help investors to determine whether Firstrand 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 Firstrand with respect to the benefits of owning Firstrand security.