Vunani (South Africa) Chance of Future Stock Price Finishing Over 210.07
| VUN Stock | 180.00 20.00 10.00% |
Vunani |
Vunani Target Price Odds to finish over 210.07
The tendency of Vunani 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 210.07 or more in 90 days |
| 180.00 | 90 days | 210.07 | about 10.26 |
Based on a normal probability distribution, the odds of Vunani to move over 210.07 or more in 90 days from now is about 10.26 (This Vunani probability density function shows the probability of Vunani Stock to fall within a particular range of prices over 90 days) . Probability of Vunani price to stay between its current price of 180.00 and 210.07 at the end of the 90-day period is about 89.43 .
Assuming the 90 days trading horizon Vunani has a beta of -0.77. This entails as returns on the benchmark increase, returns on holding Vunani are expected to decrease at a much lower rate. During a bear market, however, Vunani is likely to outperform the market. Additionally Vunani 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. Vunani Price Density |
| Price |
Predictive Modules for Vunani
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Vunani. 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.Vunani Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Vunani is not an exception. The market had few large corrections towards the Vunani'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 Vunani, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Vunani within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.77 | |
σ | Overall volatility | 7.49 | |
Ir | Information ratio | -0.08 |
Vunani 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 Vunani for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Vunani can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Vunani generated a negative expected return over the last 90 days | |
| Vunani has high historical volatility and very poor performance |
Vunani Technical Analysis
Vunani's future price can be derived by breaking down and analyzing its technical indicators over time. Vunani Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vunani. In general, you should focus on analyzing Vunani Stock price patterns and their correlations with different microeconomic environments and drivers.
Vunani Predictive Forecast Models
Vunani's time-series forecasting models is one of many Vunani'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 Vunani'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 Vunani
Checking the ongoing alerts about Vunani for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Vunani help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Vunani generated a negative expected return over the last 90 days | |
| Vunani has high historical volatility and very poor performance |