KL Technology (Malaysia) Probability of Future Index Price Finishing Over 62.53
| KLTE Index | 64.12 0.21 0.33% |
KL Technology Target Price Odds to finish over 62.53
The tendency of KLTE Index 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 62.53 in 90 days |
| 64.12 | 90 days | 62.53 | under 4 |
Based on a normal probability distribution, the odds of KL Technology to stay above 62.53 in 90 days from now is under 4 (This KL Technology probability density function shows the probability of KLTE Index to fall within a particular range of prices over 90 days) . Probability of KL Technology price to stay between 62.53 and its current price of 64.12 at the end of the 90-day period is roughly 2.95 .
KL Technology Price Density |
| Price |
Predictive Modules for KL Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KL Technology. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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.KL Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KL Technology is not an exception. The market had few large corrections towards the KL Technology'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 KL Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KL Technology within the framework of very fundamental risk indicators.KL Technology Technical Analysis
KL Technology's future price can be derived by breaking down and analyzing its technical indicators over time. KLTE Index technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KL Technology. In general, you should focus on analyzing KLTE Index price patterns and their correlations with different microeconomic environments and drivers.
KL Technology Predictive Forecast Models
KL Technology's time-series forecasting models is one of many KL Technology's index 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 KL Technology'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 index market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards KL Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, KL Technology's short interest history, or implied volatility extrapolated from KL Technology options trading.