SASINI (Kenya) Chance of Future Stock Price Finishing Under 12.19
| SASINI Stock | 15.00 0.45 3.09% |
SASINI |
SASINI Target Price Odds to finish below 12.19
The tendency of SASINI 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 12.19 or more in 90 days |
| 15.00 | 90 days | 12.19 | near 1 |
Based on a normal probability distribution, the odds of SASINI to drop to 12.19 or more in 90 days from now is near 1 (This SASINI LTD probability density function shows the probability of SASINI Stock to fall within a particular range of prices over 90 days) . Probability of SASINI LTD price to stay between 12.19 and its current price of 15.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon SASINI LTD has a beta of -0.45. This usually implies as returns on the benchmark increase, returns on holding SASINI are expected to decrease at a much lower rate. During a bear market, however, SASINI LTD is likely to outperform the market. Additionally SASINI LTD 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. SASINI Price Density |
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Predictive Modules for SASINI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SASINI LTD. 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.SASINI Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SASINI is not an exception. The market had few large corrections towards the SASINI'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 SASINI LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SASINI within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.13 |
SASINI 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 SASINI for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SASINI LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SASINI LTD generated a negative expected return over the last 90 days |
SASINI Technical Analysis
SASINI's future price can be derived by breaking down and analyzing its technical indicators over time. SASINI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SASINI LTD. In general, you should focus on analyzing SASINI Stock price patterns and their correlations with different microeconomic environments and drivers.
SASINI Predictive Forecast Models
SASINI's time-series forecasting models is one of many SASINI'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 SASINI'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 SASINI LTD
Checking the ongoing alerts about SASINI for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SASINI LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SASINI LTD generated a negative expected return over the last 90 days |