JOHN HOLT (Nigeria) Probability of Future Stock Price Finishing Under 2.03
| JOHNHOLT | 11.00 0.25 2.33% |
JOHN |
JOHN HOLT Target Price Odds to finish below 2.03
The tendency of JOHN 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 2.03 or more in 90 days |
| 11.00 | 90 days | 2.03 | about 18.38 |
Based on a normal probability distribution, the odds of JOHN HOLT to drop to 2.03 or more in 90 days from now is about 18.38 (This JOHN HOLT PLC probability density function shows the probability of JOHN Stock to fall within a particular range of prices over 90 days) . Probability of JOHN HOLT PLC price to stay between 2.03 and its current price of 11.0 at the end of the 90-day period is about 81.55 .
Assuming the 90 days trading horizon JOHN HOLT PLC has a beta of -0.32. This indicates as returns on the benchmark increase, returns on holding JOHN HOLT are expected to decrease at a much lower rate. During a bear market, however, JOHN HOLT PLC is likely to outperform the market. In addition to that JOHN HOLT PLC has an alpha of 2.2074, implying that it can generate a 2.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JOHN HOLT Price Density |
| Price |
Predictive Modules for JOHN HOLT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JOHN HOLT PLC. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as JOHN HOLT. Your research has to be compared to or analyzed against JOHN HOLT's peers to derive any actionable benefits. When done correctly, JOHN HOLT's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in JOHN HOLT PLC.JOHN HOLT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JOHN HOLT is not an exception. The market had few large corrections towards the JOHN HOLT'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 JOHN HOLT PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JOHN HOLT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.21 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | 0.44 |
JOHN HOLT 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 JOHN HOLT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JOHN HOLT PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JOHN HOLT PLC appears to be risky and price may revert if volatility continues |
JOHN HOLT Technical Analysis
JOHN HOLT's future price can be derived by breaking down and analyzing its technical indicators over time. JOHN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JOHN HOLT PLC. In general, you should focus on analyzing JOHN Stock price patterns and their correlations with different microeconomic environments and drivers.
JOHN HOLT Predictive Forecast Models
JOHN HOLT's time-series forecasting models is one of many JOHN HOLT'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 JOHN HOLT'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 JOHN HOLT PLC
Checking the ongoing alerts about JOHN HOLT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JOHN HOLT PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JOHN HOLT PLC appears to be risky and price may revert if volatility continues |