Alliance Financial (Malaysia) Probability of Future Stock Price Finishing Over 6.59
| 2488 Stock | 4.86 0.02 0.41% |
Alliance |
Alliance Financial Target Price Odds to finish over 6.59
The tendency of Alliance 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 move over 6.59 or more in 90 days |
| 4.86 | 90 days | 6.59 | near 1 |
Based on a normal probability distribution, the odds of Alliance Financial to move over 6.59 or more in 90 days from now is near 1 (This Alliance Financial Group probability density function shows the probability of Alliance Stock to fall within a particular range of prices over 90 days) . Probability of Alliance Financial price to stay between its current price of 4.86 and 6.59 at the end of the 90-day period is about 9.34 .
Assuming the 90 days trading horizon Alliance Financial Group has a beta of -0.0295. This suggests as returns on the benchmark increase, returns on holding Alliance Financial are expected to decrease at a much lower rate. During a bear market, however, Alliance Financial Group is likely to outperform the market. Additionally Alliance Financial Group has an alpha of 0.2091, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alliance Financial Price Density |
| Price |
Predictive Modules for Alliance Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alliance Financial. 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.Alliance Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alliance Financial is not an exception. The market had few large corrections towards the Alliance Financial'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 Alliance Financial Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alliance Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.07 |
Alliance Financial 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 Alliance Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alliance Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alliance Financial generates negative cash flow from operations |
Alliance Financial 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 Alliance Stock often depends not only on the future outlook of the current and potential Alliance Financial'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. Alliance Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Dividends Paid | -218.1 M | |
| Cash And Short Term Investments | 3.4 B |
Alliance Financial Technical Analysis
Alliance Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Alliance Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alliance Financial Group. In general, you should focus on analyzing Alliance Stock price patterns and their correlations with different microeconomic environments and drivers.
Alliance Financial Predictive Forecast Models
Alliance Financial's time-series forecasting models is one of many Alliance Financial'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 Alliance Financial'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 Alliance Financial
Checking the ongoing alerts about Alliance Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alliance Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alliance Financial generates negative cash flow from operations |
Other Information on Investing in Alliance Stock
Alliance Financial financial ratios help investors to determine whether Alliance 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 Alliance with respect to the benefits of owning Alliance Financial security.