Vitura Health (Australia) Probability of Future Stock Price Finishing Over 0.087
| VIT Stock | 0.08 0 1.19% |
Vitura |
Vitura Health Target Price Odds to finish over 0.087
The tendency of Vitura 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 0.09 or more in 90 days |
| 0.08 | 90 days | 0.09 | about 70.15 |
Based on a normal probability distribution, the odds of Vitura Health to move over 0.09 or more in 90 days from now is about 70.15 (This Vitura Health Limited probability density function shows the probability of Vitura Stock to fall within a particular range of prices over 90 days) . Probability of Vitura Health Limited price to stay between its current price of 0.08 and 0.09 at the end of the 90-day period is about 11.79 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.15 . This entails Vitura Health Limited market returns are related to returns on the market. As the market goes up or down, Vitura Health is expected to follow. Additionally Vitura Health Limited has an alpha of 0.0707, implying that it can generate a 0.0707 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Vitura Health Price Density |
| Price |
Predictive Modules for Vitura Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vitura Health Limited. 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.Vitura Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vitura Health is not an exception. The market had few large corrections towards the Vitura Health'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 Vitura Health Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vitura Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.15 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Vitura Health 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 Vitura Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vitura Health Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Vitura Health generated a negative expected return over the last 90 days | |
| Vitura Health has some characteristics of a very speculative penny stock | |
| Vitura Health has high historical volatility and very poor performance | |
| About 71.0% of the company outstanding shares are owned by insiders |
Vitura Health Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Vitura Stock often depends not only on the future outlook of the current and potential Vitura Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Vitura Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 569.9 M | |
| Dividends Paid | -5.4 M | |
| Cash And Short Term Investments | 11.3 M | |
| Shares Float | 178.3 M |
Vitura Health Technical Analysis
Vitura Health's future price can be derived by breaking down and analyzing its technical indicators over time. Vitura Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vitura Health Limited. In general, you should focus on analyzing Vitura Stock price patterns and their correlations with different microeconomic environments and drivers.
Vitura Health Predictive Forecast Models
Vitura Health's time-series forecasting models is one of many Vitura Health'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 Vitura Health'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 Vitura Health Limited
Checking the ongoing alerts about Vitura Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vitura Health Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vitura Health generated a negative expected return over the last 90 days | |
| Vitura Health has some characteristics of a very speculative penny stock | |
| Vitura Health has high historical volatility and very poor performance | |
| About 71.0% of the company outstanding shares are owned by insiders |
Additional Tools for Vitura Stock Analysis
When running Vitura Health's price analysis, check to measure Vitura Health'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 Vitura Health is operating at the current time. Most of Vitura Health's value examination focuses on studying past and present price action to predict the probability of Vitura Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitura Health's price. Additionally, you may evaluate how the addition of Vitura Health to your portfolios can decrease your overall portfolio volatility.