IBL HealthCare (Pakistan) Probability of Future Stock Price Finishing Under 35.69
| IBLHL Stock | 42.98 3.91 10.01% |
IBL |
IBL HealthCare Target Price Odds to finish below 35.69
The tendency of IBL 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 drop to 35.69 or more in 90 days |
| 42.98 | 90 days | 35.69 | about 76.49 |
Based on a normal probability distribution, the odds of IBL HealthCare to drop to 35.69 or more in 90 days from now is about 76.49 (This IBL HealthCare probability density function shows the probability of IBL Stock to fall within a particular range of prices over 90 days) . Probability of IBL HealthCare price to stay between 35.69 and its current price of 42.98 at the end of the 90-day period is about 22.06 .
Assuming the 90 days trading horizon IBL HealthCare has a beta of -0.75. This usually indicates as returns on the benchmark increase, returns on holding IBL HealthCare are expected to decrease at a much lower rate. During a bear market, however, IBL HealthCare is likely to outperform the market. Additionally IBL HealthCare has an alpha of 0.6135, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). IBL HealthCare Price Density |
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Predictive Modules for IBL HealthCare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IBL HealthCare. 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.IBL HealthCare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IBL HealthCare is not an exception. The market had few large corrections towards the IBL HealthCare'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 IBL HealthCare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IBL HealthCare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 4.91 | |
Ir | Information ratio | 0.11 |
IBL HealthCare 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 IBL HealthCare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IBL HealthCare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IBL HealthCare appears to be risky and price may revert if volatility continues |
IBL HealthCare Technical Analysis
IBL HealthCare's future price can be derived by breaking down and analyzing its technical indicators over time. IBL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IBL HealthCare. In general, you should focus on analyzing IBL Stock price patterns and their correlations with different microeconomic environments and drivers.
IBL HealthCare Predictive Forecast Models
IBL HealthCare's time-series forecasting models is one of many IBL HealthCare'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 IBL HealthCare'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 IBL HealthCare
Checking the ongoing alerts about IBL HealthCare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IBL HealthCare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IBL HealthCare appears to be risky and price may revert if volatility continues |
Other Information on Investing in IBL Stock
IBL HealthCare financial ratios help investors to determine whether IBL 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 IBL with respect to the benefits of owning IBL HealthCare security.