Pakistan State (Pakistan) Probability of Future Stock Price Finishing Over 229.63
| PSO Stock | 292.73 1.62 0.56% |
Pakistan |
Pakistan State Target Price Odds to finish over 229.63
The tendency of Pakistan 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 above 229.63 in 90 days |
| 292.73 | 90 days | 229.63 | about 26.54 |
Based on a normal probability distribution, the odds of Pakistan State to stay above 229.63 in 90 days from now is about 26.54 (This Pakistan State Oil probability density function shows the probability of Pakistan Stock to fall within a particular range of prices over 90 days) . Probability of Pakistan State Oil price to stay between 229.63 and its current price of 292.73 at the end of the 90-day period is about 24.48 .
Assuming the 90 days trading horizon Pakistan State Oil has a beta of -0.8 indicating as returns on the benchmark increase, returns on holding Pakistan State are expected to decrease at a much lower rate. During a bear market, however, Pakistan State Oil is likely to outperform the market. Moreover Pakistan State Oil has an alpha of 1.1061, implying that it can generate a 1.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pakistan State Price Density |
| Price |
Predictive Modules for Pakistan State
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pakistan State Oil. 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.Pakistan State Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pakistan State is not an exception. The market had few large corrections towards the Pakistan State'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 Pakistan State Oil, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pakistan State within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.11 | |
β | Beta against Dow Jones | -0.8 | |
σ | Overall volatility | 44.57 | |
Ir | Information ratio | 0.33 |
Pakistan State 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 Pakistan State for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pakistan State Oil can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pakistan State generates negative cash flow from operations |
Pakistan State Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Pakistan Stock often depends not only on the future outlook of the current and potential Pakistan State's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pakistan State's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 469.5 M | |
| Dividends Paid | -4.7 B | |
| Short Long Term Debt | 174.7 B |
Pakistan State Technical Analysis
Pakistan State's future price can be derived by breaking down and analyzing its technical indicators over time. Pakistan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pakistan State Oil. In general, you should focus on analyzing Pakistan Stock price patterns and their correlations with different microeconomic environments and drivers.
Pakistan State Predictive Forecast Models
Pakistan State's time-series forecasting models is one of many Pakistan State'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 Pakistan State'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 Pakistan State Oil
Checking the ongoing alerts about Pakistan State for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pakistan State Oil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pakistan State generates negative cash flow from operations |
Additional Tools for Pakistan Stock Analysis
When running Pakistan State's price analysis, check to measure Pakistan State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pakistan State is operating at the current time. Most of Pakistan State's value examination focuses on studying past and present price action to predict the probability of Pakistan State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pakistan State's price. Additionally, you may evaluate how the addition of Pakistan State to your portfolios can decrease your overall portfolio volatility.