SIT LAND (Mauritius) Odds of Future Stock Price Finishing Under 6002.7
| SIT Stock | 6,085 5.00 0.08% |
SIT |
SIT LAND Target Price Odds to finish below 6002.7
The tendency of SIT 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 6,003 or more in 90 days |
| 6,085 | 90 days | 6,003 | about 15.22 |
Based on a normal probability distribution, the odds of SIT LAND to drop to 6,003 or more in 90 days from now is about 15.22 (This SIT LAND HOLDINGS probability density function shows the probability of SIT Stock to fall within a particular range of prices over 90 days) . Probability of SIT LAND HOLDINGS price to stay between 6,003 and its current price of 6085.0 at the end of the 90-day period is about 45.56 .
Assuming the 90 days trading horizon SIT LAND has a beta of 0.15. This usually implies as returns on the market go up, SIT LAND average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SIT LAND HOLDINGS will be expected to be much smaller as well. Additionally SIT LAND HOLDINGS 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. SIT LAND Price Density |
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Predictive Modules for SIT LAND
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SIT LAND HOLDINGS. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SIT LAND's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SIT LAND Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SIT LAND is not an exception. The market had few large corrections towards the SIT LAND'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 SIT LAND HOLDINGS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SIT LAND within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 63.73 | |
Ir | Information ratio | -0.26 |
SIT LAND 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 SIT LAND for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SIT LAND HOLDINGS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SIT LAND HOLDINGS generated a negative expected return over the last 90 days |
SIT LAND Technical Analysis
SIT LAND's future price can be derived by breaking down and analyzing its technical indicators over time. SIT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SIT LAND HOLDINGS. In general, you should focus on analyzing SIT Stock price patterns and their correlations with different microeconomic environments and drivers.
SIT LAND Predictive Forecast Models
SIT LAND's time-series forecasting models is one of many SIT LAND'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 SIT LAND'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 SIT LAND HOLDINGS
Checking the ongoing alerts about SIT LAND for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SIT LAND HOLDINGS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SIT LAND HOLDINGS generated a negative expected return over the last 90 days |