Ghandhara Automobile (Pakistan) Probability of Future Stock Price Finishing Under 255.8
| GAL Stock | 226.44 23.72 9.48% |
Ghandhara |
Ghandhara Automobile Target Price Odds to finish below 255.8
The tendency of Ghandhara 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 under 255.80 after 90 days |
| 226.44 | 90 days | 255.80 | about 80.9 |
Based on a normal probability distribution, the odds of Ghandhara Automobile to stay under 255.80 after 90 days from now is about 80.9 (This Ghandhara Automobile probability density function shows the probability of Ghandhara Stock to fall within a particular range of prices over 90 days) . Probability of Ghandhara Automobile price to stay between its current price of 226.44 and 255.80 at the end of the 90-day period is about 41.02 .
Assuming the 90 days trading horizon Ghandhara Automobile has a beta of -0.28. This usually indicates as returns on the benchmark increase, returns on holding Ghandhara Automobile are expected to decrease at a much lower rate. During a bear market, however, Ghandhara Automobile is likely to outperform the market. Additionally Ghandhara Automobile has an alpha of 0.0172, implying that it can generate a 0.0172 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ghandhara Automobile Price Density |
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Predictive Modules for Ghandhara Automobile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ghandhara Automobile. 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.Ghandhara Automobile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ghandhara Automobile is not an exception. The market had few large corrections towards the Ghandhara Automobile'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 Ghandhara Automobile, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ghandhara Automobile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 25.94 | |
Ir | Information ratio | -0.04 |
Ghandhara Automobile 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 Ghandhara Automobile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ghandhara Automobile can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ghandhara Automobile generated a negative expected return over the last 90 days | |
| Ghandhara Automobile has high historical volatility and very poor performance |
Ghandhara Automobile Technical Analysis
Ghandhara Automobile's future price can be derived by breaking down and analyzing its technical indicators over time. Ghandhara Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ghandhara Automobile. In general, you should focus on analyzing Ghandhara Stock price patterns and their correlations with different microeconomic environments and drivers.
Ghandhara Automobile Predictive Forecast Models
Ghandhara Automobile's time-series forecasting models is one of many Ghandhara Automobile'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 Ghandhara Automobile'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 Ghandhara Automobile
Checking the ongoing alerts about Ghandhara Automobile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ghandhara Automobile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ghandhara Automobile generated a negative expected return over the last 90 days | |
| Ghandhara Automobile has high historical volatility and very poor performance |
Additional Tools for Ghandhara Stock Analysis
When running Ghandhara Automobile's price analysis, check to measure Ghandhara Automobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ghandhara Automobile is operating at the current time. Most of Ghandhara Automobile's value examination focuses on studying past and present price action to predict the probability of Ghandhara Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ghandhara Automobile's price. Additionally, you may evaluate how the addition of Ghandhara Automobile to your portfolios can decrease your overall portfolio volatility.