Yancoal Australia (Australia) Probability of Future Stock Price Finishing Under 6.65
| YAL Stock | 6.18 0.02 0.32% |
Yancoal |
Yancoal Australia Target Price Odds to finish below 6.65
The tendency of Yancoal 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 6.65 after 90 days |
| 6.18 | 90 days | 6.65 | about 90.28 |
Based on a normal probability distribution, the odds of Yancoal Australia to stay under 6.65 after 90 days from now is about 90.28 (This Yancoal Australia probability density function shows the probability of Yancoal Stock to fall within a particular range of prices over 90 days) . Probability of Yancoal Australia price to stay between its current price of 6.18 and 6.65 at the end of the 90-day period is about 32.07 .
Assuming the 90 days trading horizon Yancoal Australia has a beta of -0.0963. This entails as returns on the benchmark increase, returns on holding Yancoal Australia are expected to decrease at a much lower rate. During a bear market, however, Yancoal Australia is likely to outperform the market. Additionally Yancoal Australia has an alpha of 0.2269, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Yancoal Australia Price Density |
| Price |
Predictive Modules for Yancoal Australia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yancoal Australia. 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.Yancoal Australia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yancoal Australia is not an exception. The market had few large corrections towards the Yancoal Australia'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 Yancoal Australia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yancoal Australia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | 0.04 |
Yancoal Australia 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 Yancoal Australia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yancoal Australia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Yancoal Australia is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Yancoal Australia Ltd Updates on Coal Agreements - TipRanks |
Yancoal Australia 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 Yancoal Stock often depends not only on the future outlook of the current and potential Yancoal Australia'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. Yancoal Australia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 1.4 B |
Yancoal Australia Technical Analysis
Yancoal Australia's future price can be derived by breaking down and analyzing its technical indicators over time. Yancoal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yancoal Australia. In general, you should focus on analyzing Yancoal Stock price patterns and their correlations with different microeconomic environments and drivers.
Yancoal Australia Predictive Forecast Models
Yancoal Australia's time-series forecasting models is one of many Yancoal Australia'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 Yancoal Australia'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 Yancoal Australia
Checking the ongoing alerts about Yancoal Australia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yancoal Australia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yancoal Australia is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Yancoal Australia Ltd Updates on Coal Agreements - TipRanks |
Additional Tools for Yancoal Stock Analysis
When running Yancoal Australia's price analysis, check to measure Yancoal Australia'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 Yancoal Australia is operating at the current time. Most of Yancoal Australia's value examination focuses on studying past and present price action to predict the probability of Yancoal Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yancoal Australia's price. Additionally, you may evaluate how the addition of Yancoal Australia to your portfolios can decrease your overall portfolio volatility.