TOTALENERGIES MARKETING (Kenya) Probability of Future Stock Price Finishing Under 20.62
| TOTAL Stock | 20.80 0.20 0.97% |
TOTALENERGIES |
TOTALENERGIES MARKETING Target Price Odds to finish below 20.62
The tendency of TOTALENERGIES 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 20.62 or more in 90 days |
| 20.80 | 90 days | 20.62 | about 50.77 |
Based on a normal probability distribution, the odds of TOTALENERGIES MARKETING to drop to 20.62 or more in 90 days from now is about 50.77 (This TOTALENERGIES MARKETING KENYA probability density function shows the probability of TOTALENERGIES Stock to fall within a particular range of prices over 90 days) . Probability of TOTALENERGIES MARKETING price to stay between 20.62 and its current price of 20.8 at the end of the 90-day period is about 9.7 .
Assuming the 90 days trading horizon TOTALENERGIES MARKETING has a beta of 0.26. This usually implies as returns on the market go up, TOTALENERGIES MARKETING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TOTALENERGIES MARKETING KENYA will be expected to be much smaller as well. Additionally TOTALENERGIES MARKETING KENYA has an alpha of 0.0637, implying that it can generate a 0.0637 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TOTALENERGIES MARKETING Price Density |
| Price |
Predictive Modules for TOTALENERGIES MARKETING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TOTALENERGIES MARKETING. 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.TOTALENERGIES MARKETING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TOTALENERGIES MARKETING is not an exception. The market had few large corrections towards the TOTALENERGIES MARKETING'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 TOTALENERGIES MARKETING KENYA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TOTALENERGIES MARKETING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.0061 |
TOTALENERGIES MARKETING 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 TOTALENERGIES MARKETING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TOTALENERGIES MARKETING can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TOTALENERGIES MARKETING had very high historical volatility over the last 90 days |
TOTALENERGIES MARKETING Technical Analysis
TOTALENERGIES MARKETING's future price can be derived by breaking down and analyzing its technical indicators over time. TOTALENERGIES Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TOTALENERGIES MARKETING KENYA. In general, you should focus on analyzing TOTALENERGIES Stock price patterns and their correlations with different microeconomic environments and drivers.
TOTALENERGIES MARKETING Predictive Forecast Models
TOTALENERGIES MARKETING's time-series forecasting models is one of many TOTALENERGIES MARKETING'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 TOTALENERGIES MARKETING'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 TOTALENERGIES MARKETING
Checking the ongoing alerts about TOTALENERGIES MARKETING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TOTALENERGIES MARKETING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TOTALENERGIES MARKETING had very high historical volatility over the last 90 days |
Additional Tools for TOTALENERGIES Stock Analysis
When running TOTALENERGIES MARKETING's price analysis, check to measure TOTALENERGIES MARKETING'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 TOTALENERGIES MARKETING is operating at the current time. Most of TOTALENERGIES MARKETING's value examination focuses on studying past and present price action to predict the probability of TOTALENERGIES MARKETING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOTALENERGIES MARKETING's price. Additionally, you may evaluate how the addition of TOTALENERGIES MARKETING to your portfolios can decrease your overall portfolio volatility.