VFD GROUP (Nigeria) Probability of Future Stock Price Finishing Under 202.9
| VFDGROUP | 40.50 0.00 0.00% |
VFD |
VFD GROUP Target Price Odds to finish below 202.9
The tendency of VFD 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 stay under 202.90 after 90 days |
| 40.50 | 90 days | 202.90 | close to 99 |
Based on a normal probability distribution, the odds of VFD GROUP to stay under 202.90 after 90 days from now is close to 99 (This VFD GROUP probability density function shows the probability of VFD Stock to fall within a particular range of prices over 90 days) . Probability of VFD GROUP price to stay between its current price of 40.50 and 202.90 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon VFD GROUP has a beta of 0.26. This entails as returns on the market go up, VFD GROUP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VFD GROUP will be expected to be much smaller as well. Additionally VFD GROUP 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. VFD GROUP Price Density |
| Price |
Predictive Modules for VFD GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VFD GROUP. 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.VFD GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VFD GROUP is not an exception. The market had few large corrections towards the VFD GROUP'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 VFD GROUP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VFD GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | -0.22 |
VFD GROUP 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 VFD GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VFD GROUP can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VFD GROUP generated a negative expected return over the last 90 days |
VFD GROUP Technical Analysis
VFD GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. VFD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VFD GROUP. In general, you should focus on analyzing VFD Stock price patterns and their correlations with different microeconomic environments and drivers.
VFD GROUP Predictive Forecast Models
VFD GROUP's time-series forecasting models is one of many VFD GROUP'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 VFD GROUP'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 VFD GROUP
Checking the ongoing alerts about VFD GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VFD GROUP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VFD GROUP generated a negative expected return over the last 90 days |
Additional Tools for VFD Stock Analysis
When running VFD GROUP's price analysis, check to measure VFD GROUP'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 VFD GROUP is operating at the current time. Most of VFD GROUP's value examination focuses on studying past and present price action to predict the probability of VFD GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VFD GROUP's price. Additionally, you may evaluate how the addition of VFD GROUP to your portfolios can decrease your overall portfolio volatility.