STAR AFRICA (Zimbabwe) Probability of Future Stock Price Finishing Over 2.34
| SACL Stock | 2.32 0.09 3.73% |
STAR |
STAR AFRICA Target Price Odds to finish over 2.34
The tendency of STAR 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 over 2.34 or more in 90 days |
| 2.32 | 90 days | 2.34 | about 17.46 |
Based on a normal probability distribution, the odds of STAR AFRICA to move over 2.34 or more in 90 days from now is about 17.46 (This STAR AFRICA PORATION probability density function shows the probability of STAR Stock to fall within a particular range of prices over 90 days) . Probability of STAR AFRICA PORATION price to stay between its current price of 2.32 and 2.34 at the end of the 90-day period is about 1.12 .
Assuming the 90 days trading horizon STAR AFRICA PORATION has a beta of -0.16. This usually implies as returns on the benchmark increase, returns on holding STAR AFRICA are expected to decrease at a much lower rate. During a bear market, however, STAR AFRICA PORATION is likely to outperform the market. Moreover STAR AFRICA PORATION has an alpha of 1.684, implying that it can generate a 1.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). STAR AFRICA Price Density |
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Predictive Modules for STAR AFRICA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as STAR AFRICA PORATION. 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.STAR AFRICA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. STAR AFRICA is not an exception. The market had few large corrections towards the STAR AFRICA'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 STAR AFRICA PORATION, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of STAR AFRICA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.68 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | 0.20 |
STAR AFRICA 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 STAR AFRICA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for STAR AFRICA PORATION can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| STAR AFRICA PORATION is way too risky over 90 days horizon | |
| STAR AFRICA PORATION appears to be risky and price may revert if volatility continues |
STAR AFRICA Technical Analysis
STAR AFRICA's future price can be derived by breaking down and analyzing its technical indicators over time. STAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of STAR AFRICA PORATION. In general, you should focus on analyzing STAR Stock price patterns and their correlations with different microeconomic environments and drivers.
STAR AFRICA Predictive Forecast Models
STAR AFRICA's time-series forecasting models is one of many STAR AFRICA'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 STAR AFRICA'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 STAR AFRICA PORATION
Checking the ongoing alerts about STAR AFRICA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for STAR AFRICA PORATION help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| STAR AFRICA PORATION is way too risky over 90 days horizon | |
| STAR AFRICA PORATION appears to be risky and price may revert if volatility continues |
Additional Tools for STAR Stock Analysis
When running STAR AFRICA's price analysis, check to measure STAR AFRICA'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 STAR AFRICA is operating at the current time. Most of STAR AFRICA's value examination focuses on studying past and present price action to predict the probability of STAR AFRICA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STAR AFRICA's price. Additionally, you may evaluate how the addition of STAR AFRICA to your portfolios can decrease your overall portfolio volatility.