Ytl Berhad Stock Probability of Future Pink Sheet Price Finishing Under 0.41
| YTLCF Stock | USD 0.46 0.05 12.20% |
YTLBerhad |
YTLBerhad Target Price Odds to finish below 0.41
The tendency of YTLBerhad Pink Sheet 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 drop to $ 0.41 or more in 90 days |
| 0.46 | 90 days | 0.41 | about 5.96 |
Based on a normal probability distribution, the odds of YTLBerhad to drop to $ 0.41 or more in 90 days from now is about 5.96 (This YTL Berhad probability density function shows the probability of YTLBerhad Pink Sheet to fall within a particular range of prices over 90 days) . Probability of YTL Berhad price to stay between $ 0.41 and its current price of $0.46 at the end of the 90-day period is about 9.87 .
Assuming the 90 days horizon YTL Berhad has a beta of -0.24. This entails as returns on the benchmark increase, returns on holding YTLBerhad are expected to decrease at a much lower rate. During a bear market, however, YTL Berhad is likely to outperform the market. Additionally YTL Berhad 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. YTLBerhad Price Density |
| Price |
Predictive Modules for YTLBerhad
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as YTL Berhad. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of YTLBerhad's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
YTLBerhad Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. YTLBerhad is not an exception. The market had few large corrections towards the YTLBerhad'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 YTL Berhad, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of YTLBerhad within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.17 |
YTLBerhad 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 YTLBerhad for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for YTL Berhad can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| YTL Berhad generated a negative expected return over the last 90 days | |
| YTL Berhad has some characteristics of a very speculative penny stock | |
| YTL Berhad has high historical volatility and very poor performance | |
| YTL Berhad has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
YTLBerhad Technical Analysis
YTLBerhad's future price can be derived by breaking down and analyzing its technical indicators over time. YTLBerhad Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of YTL Berhad. In general, you should focus on analyzing YTLBerhad Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
YTLBerhad Predictive Forecast Models
YTLBerhad's time-series forecasting models is one of many YTLBerhad's pink sheet 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 YTLBerhad'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 pink sheet market movement and maximize returns from investment trading.
Things to note about YTL Berhad
Checking the ongoing alerts about YTLBerhad for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for YTL Berhad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| YTL Berhad generated a negative expected return over the last 90 days | |
| YTL Berhad has some characteristics of a very speculative penny stock | |
| YTL Berhad has high historical volatility and very poor performance | |
| YTL Berhad has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in YTLBerhad Pink Sheet
YTLBerhad financial ratios help investors to determine whether YTLBerhad Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in YTLBerhad with respect to the benefits of owning YTLBerhad security.