NATIONAL INVESTMENT (Mauritius) Probability of Future Stock Price Finishing Under 7.13
| NITL Stock | 11.00 0.45 4.27% |
NATIONAL |
NATIONAL INVESTMENT Target Price Odds to finish below 7.13
The tendency of NATIONAL 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 7.13 or more in 90 days |
| 11.00 | 90 days | 7.13 | near 1 |
Based on a normal probability distribution, the odds of NATIONAL INVESTMENT to drop to 7.13 or more in 90 days from now is near 1 (This NATIONAL INVESTMENT TRUST probability density function shows the probability of NATIONAL Stock to fall within a particular range of prices over 90 days) . Probability of NATIONAL INVESTMENT TRUST price to stay between 7.13 and its current price of 11.0 at the end of the 90-day period is about 63.03 .
Assuming the 90 days trading horizon NATIONAL INVESTMENT TRUST has a beta of -0.35. This indicates as returns on the benchmark increase, returns on holding NATIONAL INVESTMENT are expected to decrease at a much lower rate. During a bear market, however, NATIONAL INVESTMENT TRUST is likely to outperform the market. Additionally NATIONAL INVESTMENT TRUST has an alpha of 0.1283, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NATIONAL INVESTMENT Price Density |
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Predictive Modules for NATIONAL INVESTMENT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NATIONAL INVESTMENT TRUST. 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.NATIONAL INVESTMENT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NATIONAL INVESTMENT is not an exception. The market had few large corrections towards the NATIONAL INVESTMENT'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 NATIONAL INVESTMENT TRUST, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NATIONAL INVESTMENT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.0084 |
NATIONAL INVESTMENT 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 NATIONAL INVESTMENT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NATIONAL INVESTMENT TRUST can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NATIONAL INVESTMENT had very high historical volatility over the last 90 days |
NATIONAL INVESTMENT Technical Analysis
NATIONAL INVESTMENT's future price can be derived by breaking down and analyzing its technical indicators over time. NATIONAL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NATIONAL INVESTMENT TRUST. In general, you should focus on analyzing NATIONAL Stock price patterns and their correlations with different microeconomic environments and drivers.
NATIONAL INVESTMENT Predictive Forecast Models
NATIONAL INVESTMENT's time-series forecasting models is one of many NATIONAL INVESTMENT'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 NATIONAL INVESTMENT'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 NATIONAL INVESTMENT TRUST
Checking the ongoing alerts about NATIONAL INVESTMENT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NATIONAL INVESTMENT TRUST help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NATIONAL INVESTMENT had very high historical volatility over the last 90 days |