Amtd Digital Stock Probability of Future Stock Price Finishing Over 10.38
| HKD Stock | USD 3.03 0.04 1.34% |
AMTD |
AMTD Digital Target Price Odds to finish over 10.38
The tendency of AMTD 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 over $ 10.38 or more in 90 days |
| 3.03 | 90 days | 10.38 | close to zero percent |
Based on a normal probability distribution, the odds of AMTD Digital to move over $ 10.38 or more in 90 days from now is close to zero percent (This AMTD Digital probability density function shows the probability of AMTD Stock to fall within a particular range of prices over 90 days) . Probability of AMTD Digital price to stay between its current price of $ 3.03 and $ 10.38 at the end of the 90-day period is about 65.94 .
Considering the 90-day investment horizon AMTD Digital has a beta of 0.15. This usually indicates as returns on the market go up, AMTD Digital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AMTD Digital will be expected to be much smaller as well. Additionally AMTD Digital has an alpha of 0.2988, implying that it can generate a 0.3 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AMTD Digital Price Density |
| Price |
Predictive Modules for AMTD Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AMTD Digital. 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.AMTD Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AMTD Digital is not an exception. The market had few large corrections towards the AMTD Digital'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 AMTD Digital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AMTD Digital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.30 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | 0.03 |
AMTD Digital 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 AMTD Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AMTD Digital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AMTD Digital had very high historical volatility over the last 90 days | |
| AMTD Digital has a poor financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: AMTDs Movie The Last Dance Hong Kong and Macau Box Office Exceeded HK65M and Broke Multiple Records |
AMTD Digital 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 AMTD Stock often depends not only on the future outlook of the current and potential AMTD Digital'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. AMTD Digital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 185.5 M | |
| Cash And Short Term Investments | 163 M |
AMTD Digital Technical Analysis
AMTD Digital's future price can be derived by breaking down and analyzing its technical indicators over time. AMTD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AMTD Digital. In general, you should focus on analyzing AMTD Stock price patterns and their correlations with different microeconomic environments and drivers.
AMTD Digital Predictive Forecast Models
AMTD Digital's time-series forecasting models is one of many AMTD Digital'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 AMTD Digital'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 AMTD Digital
Checking the ongoing alerts about AMTD Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AMTD Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AMTD Digital had very high historical volatility over the last 90 days | |
| AMTD Digital has a poor financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: AMTDs Movie The Last Dance Hong Kong and Macau Box Office Exceeded HK65M and Broke Multiple Records |
Check out AMTD Digital Backtesting, AMTD Digital Valuation, AMTD Digital Correlation, AMTD Digital Hype Analysis, AMTD Digital Volatility, AMTD Digital History as well as AMTD Digital Performance. For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AMTD Digital. If investors know AMTD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AMTD Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.696 | Earnings Share 0.33 | Revenue Per Share 0.145 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0061 |
The market value of AMTD Digital is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD Digital's value that differs from its market value or its book value, called intrinsic value, which is AMTD Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AMTD Digital's market value can be influenced by many factors that don't directly affect AMTD Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AMTD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.