Viva Leisure (Australia) Probability of Future Stock Price Finishing Over 1.39
| VVA Stock | 1.39 0.06 4.14% |
Viva |
Viva Leisure Target Price Odds to finish over 1.39
The tendency of Viva 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 above the current price in 90 days |
| 1.39 | 90 days | 1.39 | about 50.0 |
Based on a normal probability distribution, the odds of Viva Leisure to move above the current price in 90 days from now is about 50.0 (This Viva Leisure probability density function shows the probability of Viva Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Viva Leisure has a beta of 0.14. This entails as returns on the market go up, Viva Leisure average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Viva Leisure will be expected to be much smaller as well. Additionally Viva Leisure has an alpha of 0.1003, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Viva Leisure Price Density |
| Price |
Predictive Modules for Viva Leisure
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viva Leisure. 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.Viva Leisure Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Viva Leisure is not an exception. The market had few large corrections towards the Viva Leisure'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 Viva Leisure, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Viva Leisure within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.01 |
Viva Leisure 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 Viva Leisure for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Viva Leisure can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Viva Leisure may become a speculative penny stock | |
| Viva Leisure has high likelihood to experience some financial distress in the next 2 years | |
| About 37.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Viva Leisure Signals Confidence with Ongoing Share Buy-Back - MSN |
Viva Leisure 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 Viva Stock often depends not only on the future outlook of the current and potential Viva Leisure'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. Viva Leisure's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 93.7 M | |
| Cash And Short Term Investments | 22.3 M |
Viva Leisure Technical Analysis
Viva Leisure's future price can be derived by breaking down and analyzing its technical indicators over time. Viva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Viva Leisure. In general, you should focus on analyzing Viva Stock price patterns and their correlations with different microeconomic environments and drivers.
Viva Leisure Predictive Forecast Models
Viva Leisure's time-series forecasting models is one of many Viva Leisure'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 Viva Leisure'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 Viva Leisure
Checking the ongoing alerts about Viva Leisure for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Viva Leisure help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Viva Leisure may become a speculative penny stock | |
| Viva Leisure has high likelihood to experience some financial distress in the next 2 years | |
| About 37.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Viva Leisure Signals Confidence with Ongoing Share Buy-Back - MSN |
Additional Tools for Viva Stock Analysis
When running Viva Leisure's price analysis, check to measure Viva Leisure'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 Viva Leisure is operating at the current time. Most of Viva Leisure's value examination focuses on studying past and present price action to predict the probability of Viva Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viva Leisure's price. Additionally, you may evaluate how the addition of Viva Leisure to your portfolios can decrease your overall portfolio volatility.