Public Bank (Malaysia) Probability of Future Stock Price Finishing Under 1.03
| 1295 Stock | 4.57 0.04 0.87% |
Public |
Public Bank Target Price Odds to finish below 1.03
The tendency of Public 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 1.03 or more in 90 days |
| 4.57 | 90 days | 1.03 | near 1 |
Based on a normal probability distribution, the odds of Public Bank to drop to 1.03 or more in 90 days from now is near 1 (This Public Bank Bhd probability density function shows the probability of Public Stock to fall within a particular range of prices over 90 days) . Probability of Public Bank Bhd price to stay between 1.03 and its current price of 4.57 at the end of the 90-day period is about 66.1 .
Assuming the 90 days trading horizon Public Bank Bhd has a beta of -0.13. This suggests as returns on the benchmark increase, returns on holding Public Bank are expected to decrease at a much lower rate. During a bear market, however, Public Bank Bhd is likely to outperform the market. Additionally Public Bank Bhd 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. Public Bank Price Density |
| Price |
Predictive Modules for Public 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 Public 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.Public Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Public Bank is not an exception. The market had few large corrections towards the Public 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 Public Bank Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Public Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.12 |
Public Bank 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 Public Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Public Bank Bhd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Public Bank Bhd generated a negative expected return over the last 90 days |
Public 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 Public Stock often depends not only on the future outlook of the current and potential Public 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. Public Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.4 B | |
| Dividends Paid | 4 B |
Public Bank Technical Analysis
Public Bank's future price can be derived by breaking down and analyzing its technical indicators over time. Public Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Public Bank Bhd. In general, you should focus on analyzing Public Stock price patterns and their correlations with different microeconomic environments and drivers.
Public Bank Predictive Forecast Models
Public Bank's time-series forecasting models is one of many Public 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 Public 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.
Things to note about Public Bank Bhd
Checking the ongoing alerts about Public Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Public Bank Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Public Bank Bhd generated a negative expected return over the last 90 days |
Other Information on Investing in Public Stock
Public Bank financial ratios help investors to determine whether Public 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 Public with respect to the benefits of owning Public Bank security.