NCBA GROUP (Kenya) Price Prediction
| NIC Stock | 42.10 0.20 0.48% |
Oversold Vs Overbought
53
Oversold | Overbought |
Using NCBA GROUP hype-based prediction, you can estimate the value of NCBA GROUP PLC from the perspective of NCBA GROUP response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in NCBA GROUP to buy its stock at a price that has no basis in reality. In that case, they are not buying NCBA because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
NCBA GROUP after-hype prediction price | KES 41.9 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
NCBA |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NCBA GROUP'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.
NCBA GROUP Estimiated After-Hype Price Prediction Volatility
As far as predicting the price of NCBA GROUP at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in NCBA GROUP or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of NCBA GROUP, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NCBA GROUP Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as NCBA GROUP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NCBA GROUP backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with NCBA GROUP, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 2.06 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
42.10 | 41.90 | 0.00 |
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NCBA GROUP Hype Timeline
NCBA GROUP PLC is now traded for 42.10on Nairobi Securities Exchange of Kenya. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NCBA is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.02%. %. The volatility of related hype on NCBA GROUP is about 0.0%, with the expected price after the next announcement by competition of 42.10. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.NCBA GROUP Related Hype Analysis
Having access to credible news sources related to NCBA GROUP's direct competition is more important than ever and may enhance your ability to predict NCBA GROUP's future price movements. Getting to know how NCBA GROUP's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how NCBA GROUP may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EBL | EQUITY GROUP HOLDINGS | 0.00 | 0 per month | 1.26 | 0.05 | 2.29 | (2.31) | 7.66 | |
| BATK | BRITISH AMERICAN TOBACCO | 0.00 | 0 per month | 0.67 | (0.10) | 1.28 | (1.20) | 5.90 | |
| CBKL | CO OPERATIVE BANK OF | 0.00 | 0 per month | 0.76 | (0.07) | 1.15 | (1.14) | 3.58 | |
| NEWGOLDETF | ABSA NEW GOLD | 0.00 | 0 per month | 0.00 | 0.03 | 0.00 | 0.00 | 6.45 | |
| KOL | KENYA ORCHARDS LTD | 0.00 | 0 per month | 0.00 | 0.44 | 9.99 | 0.00 | 16.67 | |
| HAL | HOME AFRIKA LTD | 0.00 | 0 per month | 3.58 | 0.02 | 6.67 | (6.25) | 18.77 |
NCBA GROUP Additional Predictive Modules
Most predictive techniques to examine NCBA price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NCBA using various technical indicators. When you analyze NCBA charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Story Coverage note for NCBA GROUP
The number of cover stories for NCBA GROUP depends on current market conditions and NCBA GROUP's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NCBA GROUP is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about NCBA GROUP's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Complementary Tools for NCBA Stock analysis
When running NCBA GROUP's price analysis, check to measure NCBA GROUP'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 NCBA GROUP is operating at the current time. Most of NCBA GROUP's value examination focuses on studying past and present price action to predict the probability of NCBA GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCBA GROUP's price. Additionally, you may evaluate how the addition of NCBA GROUP to your portfolios can decrease your overall portfolio volatility.
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