Premier Insurance (Pakistan) Probability of Future Stock Price Finishing Under 5.59
| PINL Stock | 5.58 0.02 0.36% |
Premier |
Premier Insurance Target Price Odds to finish below 5.59
The tendency of Premier 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 stay under 5.59 after 90 days |
| 5.58 | 90 days | 5.59 | about 10.97 |
Based on a normal probability distribution, the odds of Premier Insurance to stay under 5.59 after 90 days from now is about 10.97 (This Premier Insurance probability density function shows the probability of Premier Stock to fall within a particular range of prices over 90 days) . Probability of Premier Insurance price to stay between its current price of 5.58 and 5.59 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Premier Insurance has a beta of -0.49 indicating as returns on the benchmark increase, returns on holding Premier Insurance are expected to decrease at a much lower rate. During a bear market, however, Premier Insurance is likely to outperform the market. Additionally Premier Insurance 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. Premier Insurance Price Density |
| Price |
Predictive Modules for Premier Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Premier Insurance. 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.Premier Insurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Premier Insurance is not an exception. The market had few large corrections towards the Premier Insurance'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 Premier Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Premier Insurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.1 |
Premier Insurance 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 Premier Insurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Premier Insurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Premier Insurance generated a negative expected return over the last 90 days | |
| Premier Insurance has high historical volatility and very poor performance |
Premier Insurance Technical Analysis
Premier Insurance's future price can be derived by breaking down and analyzing its technical indicators over time. Premier Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Premier Insurance. In general, you should focus on analyzing Premier Stock price patterns and their correlations with different microeconomic environments and drivers.
Premier Insurance Predictive Forecast Models
Premier Insurance's time-series forecasting models is one of many Premier Insurance'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 Premier Insurance'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 Premier Insurance
Checking the ongoing alerts about Premier Insurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Premier Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Premier Insurance generated a negative expected return over the last 90 days | |
| Premier Insurance has high historical volatility and very poor performance |
Other Information on Investing in Premier Stock
Premier Insurance financial ratios help investors to determine whether Premier 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 Premier with respect to the benefits of owning Premier Insurance security.