RHB Bank (Malaysia) Odds of Future Stock Price Finishing Under 5.63
| 1066 Stock | 6.56 0.03 0.46% |
RHB |
RHB Bank Target Price Odds to finish below 5.63
The tendency of RHB 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 drop to 5.63 or more in 90 days |
| 6.56 | 90 days | 5.63 | near 1 |
Based on a normal probability distribution, the odds of RHB Bank to drop to 5.63 or more in 90 days from now is near 1 (This RHB Bank Bhd probability density function shows the probability of RHB Stock to fall within a particular range of prices over 90 days) . Probability of RHB Bank Bhd price to stay between 5.63 and its current price of 6.56 at the end of the 90-day period is about 85.5 .
Assuming the 90 days trading horizon RHB Bank has a beta of 0.21. This suggests as returns on the market go up, RHB Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RHB Bank Bhd will be expected to be much smaller as well. Additionally RHB Bank Bhd has an alpha of 0.0684, implying that it can generate a 0.0684 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RHB Bank Price Density |
| Price |
Predictive Modules for RHB Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RHB Bank Bhd. 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.RHB Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RHB Bank is not an exception. The market had few large corrections towards the RHB Bank'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 RHB Bank Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RHB Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.01 |
RHB Bank 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 RHB Stock often depends not only on the future outlook of the current and potential RHB Bank'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. RHB Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.1 B |
RHB Bank Technical Analysis
RHB Bank's future price can be derived by breaking down and analyzing its technical indicators over time. RHB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RHB Bank Bhd. In general, you should focus on analyzing RHB Stock price patterns and their correlations with different microeconomic environments and drivers.
RHB Bank Predictive Forecast Models
RHB Bank's time-series forecasting models is one of many RHB Bank'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 RHB Bank'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RHB Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RHB Bank's short interest history, or implied volatility extrapolated from RHB Bank options trading.
Other Information on Investing in RHB Stock
RHB Bank financial ratios help investors to determine whether RHB Stock 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 RHB with respect to the benefits of owning RHB Bank security.