REPUBLIC BANK (Ghana) Probability of Future Stock Price Finishing Under 0.55
| RBGH Stock | 0.66 0.00 0.00% |
REPUBLIC |
REPUBLIC BANK Target Price Odds to finish below 0.55
The tendency of REPUBLIC 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 0.55 or more in 90 days |
| 0.66 | 90 days | 0.55 | about 7.79 |
Based on a normal probability distribution, the odds of REPUBLIC BANK to drop to 0.55 or more in 90 days from now is about 7.79 (This REPUBLIC BANK LIMITED probability density function shows the probability of REPUBLIC Stock to fall within a particular range of prices over 90 days) . Probability of REPUBLIC BANK LIMITED price to stay between 0.55 and its current price of 0.66 at the end of the 90-day period is about 80.23 .
Assuming the 90 days trading horizon REPUBLIC BANK has a beta of 0.1 indicating as returns on the market go up, REPUBLIC BANK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding REPUBLIC BANK LIMITED will be expected to be much smaller as well. Additionally REPUBLIC BANK LIMITED has an alpha of 0.2669, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). REPUBLIC BANK Price Density |
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Predictive Modules for REPUBLIC 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 REPUBLIC BANK LIMITED. 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.REPUBLIC BANK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. REPUBLIC BANK is not an exception. The market had few large corrections towards the REPUBLIC 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 REPUBLIC BANK LIMITED, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of REPUBLIC BANK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.1 |
REPUBLIC 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 REPUBLIC BANK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for REPUBLIC BANK LIMITED can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| REPUBLIC BANK has some characteristics of a very speculative penny stock |
REPUBLIC BANK Technical Analysis
REPUBLIC BANK's future price can be derived by breaking down and analyzing its technical indicators over time. REPUBLIC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of REPUBLIC BANK LIMITED. In general, you should focus on analyzing REPUBLIC Stock price patterns and their correlations with different microeconomic environments and drivers.
REPUBLIC BANK Predictive Forecast Models
REPUBLIC BANK's time-series forecasting models is one of many REPUBLIC 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 REPUBLIC 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 REPUBLIC BANK LIMITED
Checking the ongoing alerts about REPUBLIC BANK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for REPUBLIC BANK LIMITED help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| REPUBLIC BANK has some characteristics of a very speculative penny stock |
Additional Tools for REPUBLIC Stock Analysis
When running REPUBLIC BANK's price analysis, check to measure REPUBLIC BANK'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 REPUBLIC BANK is operating at the current time. Most of REPUBLIC BANK's value examination focuses on studying past and present price action to predict the probability of REPUBLIC BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REPUBLIC BANK's price. Additionally, you may evaluate how the addition of REPUBLIC BANK to your portfolios can decrease your overall portfolio volatility.