MAENDELEO BANK (Tanzania) Probability of Future Stock Price Finishing Under 299.38
| MBP Stock | 310.00 0.00 0.00% |
MAENDELEO |
MAENDELEO BANK Target Price Odds to finish below 299.38
The tendency of MAENDELEO 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 299.38 or more in 90 days |
| 310.00 | 90 days | 299.38 | nearly 4.96 |
Based on a normal probability distribution, the odds of MAENDELEO BANK to drop to 299.38 or more in 90 days from now is nearly 4.96 (This MAENDELEO BANK PLC probability density function shows the probability of MAENDELEO Stock to fall within a particular range of prices over 90 days) . Probability of MAENDELEO BANK PLC price to stay between 299.38 and its current price of 310.0 at the end of the 90-day period is about 10.43 .
Assuming the 90 days trading horizon MAENDELEO BANK PLC has a beta of -0.0237. This indicates as returns on the benchmark increase, returns on holding MAENDELEO BANK are expected to decrease at a much lower rate. During a bear market, however, MAENDELEO BANK PLC is likely to outperform the market. Additionally MAENDELEO BANK PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. MAENDELEO BANK Price Density |
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Predictive Modules for MAENDELEO BANK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAENDELEO BANK 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MAENDELEO BANK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MAENDELEO BANK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAENDELEO BANK is not an exception. The market had few large corrections towards the MAENDELEO BANK'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 MAENDELEO BANK PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAENDELEO BANK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 16.97 | |
Ir | Information ratio | -0.26 |
MAENDELEO BANK 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 MAENDELEO BANK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAENDELEO BANK 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.| MAENDELEO BANK PLC generated a negative expected return over the last 90 days |
MAENDELEO BANK Technical Analysis
MAENDELEO BANK's future price can be derived by breaking down and analyzing its technical indicators over time. MAENDELEO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAENDELEO BANK PLC. In general, you should focus on analyzing MAENDELEO Stock price patterns and their correlations with different microeconomic environments and drivers.
MAENDELEO BANK Predictive Forecast Models
MAENDELEO BANK's time-series forecasting models is one of many MAENDELEO BANK'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 MAENDELEO BANK'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 MAENDELEO BANK PLC
Checking the ongoing alerts about MAENDELEO BANK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAENDELEO BANK PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAENDELEO BANK PLC generated a negative expected return over the last 90 days |