PUMA ENERGY (Zambia) Probability of Future Stock Price Finishing Under 5.75
| PUMA Stock | 5.75 0.00 0.00% |
PUMA |
PUMA ENERGY Target Price Odds to finish below 5.75
The tendency of PUMA 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 move below current price in 90 days |
| 5.75 | 90 days | 5.75 | about 15.59 |
Based on a normal probability distribution, the odds of PUMA ENERGY to move below current price in 90 days from now is about 15.59 (This PUMA ENERGY ZAMBIA probability density function shows the probability of PUMA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon PUMA ENERGY ZAMBIA has a beta of -0.0546 indicating as returns on the benchmark increase, returns on holding PUMA ENERGY are expected to decrease at a much lower rate. During a bear market, however, PUMA ENERGY ZAMBIA is likely to outperform the market. Additionally PUMA ENERGY ZAMBIA 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. PUMA ENERGY Price Density |
| Price |
Predictive Modules for PUMA ENERGY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PUMA ENERGY ZAMBIA. 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.PUMA ENERGY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PUMA ENERGY is not an exception. The market had few large corrections towards the PUMA ENERGY'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 PUMA ENERGY ZAMBIA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PUMA ENERGY within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.34 |
PUMA ENERGY 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 PUMA ENERGY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PUMA ENERGY ZAMBIA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PUMA ENERGY ZAMBIA generated a negative expected return over the last 90 days |
PUMA ENERGY Technical Analysis
PUMA ENERGY's future price can be derived by breaking down and analyzing its technical indicators over time. PUMA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PUMA ENERGY ZAMBIA. In general, you should focus on analyzing PUMA Stock price patterns and their correlations with different microeconomic environments and drivers.
PUMA ENERGY Predictive Forecast Models
PUMA ENERGY's time-series forecasting models is one of many PUMA ENERGY'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 PUMA ENERGY'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 PUMA ENERGY ZAMBIA
Checking the ongoing alerts about PUMA ENERGY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PUMA ENERGY ZAMBIA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PUMA ENERGY ZAMBIA generated a negative expected return over the last 90 days |
Additional Tools for PUMA Stock Analysis
When running PUMA ENERGY's price analysis, check to measure PUMA ENERGY'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 PUMA ENERGY is operating at the current time. Most of PUMA ENERGY's value examination focuses on studying past and present price action to predict the probability of PUMA ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PUMA ENERGY's price. Additionally, you may evaluate how the addition of PUMA ENERGY to your portfolios can decrease your overall portfolio volatility.