Lanka Milk (Sri Lanka) Probability of Future Stock Price Finishing Under 24.31
| LMFN0000 | LKR 31.80 0.50 1.55% |
Lanka |
Lanka Milk Target Price Odds to finish below 24.31
The tendency of Lanka 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 24.31 or more in 90 days |
| 31.80 | 90 days | 24.31 | about 5.3 |
Based on a normal probability distribution, the odds of Lanka Milk to drop to 24.31 or more in 90 days from now is about 5.3 (This Lanka Milk Foods probability density function shows the probability of Lanka Stock to fall within a particular range of prices over 90 days) . Probability of Lanka Milk Foods price to stay between 24.31 and its current price of 31.8 at the end of the 90-day period is about 77.6 .
Assuming the 90 days trading horizon Lanka Milk has a beta of 0.46. This indicates as returns on the market go up, Lanka Milk average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lanka Milk Foods will be expected to be much smaller as well. Additionally Lanka Milk Foods has an alpha of 0.2446, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lanka Milk Price Density |
| Price |
Predictive Modules for Lanka Milk
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lanka Milk Foods. 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.Lanka Milk Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lanka Milk is not an exception. The market had few large corrections towards the Lanka Milk'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 Lanka Milk Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lanka Milk within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 2.92 | |
Ir | Information ratio | 0.09 |
Lanka Milk Technical Analysis
Lanka Milk's future price can be derived by breaking down and analyzing its technical indicators over time. Lanka Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lanka Milk Foods. In general, you should focus on analyzing Lanka Stock price patterns and their correlations with different microeconomic environments and drivers.
Lanka Milk Predictive Forecast Models
Lanka Milk's time-series forecasting models is one of many Lanka Milk'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 Lanka Milk'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.
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 Lanka Milk 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, Lanka Milk's short interest history, or implied volatility extrapolated from Lanka Milk options trading.
Other Information on Investing in Lanka Stock
Lanka Milk financial ratios help investors to determine whether Lanka 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 Lanka with respect to the benefits of owning Lanka Milk security.