Hong Leong (Malaysia) Probability of Future Stock Price Finishing Under 19.81
| 5819 Stock | 20.50 0.24 1.16% |
Hong |
Hong Leong Target Price Odds to finish below 19.81
The tendency of Hong 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 19.81 or more in 90 days |
| 20.50 | 90 days | 19.81 | near 1 |
Based on a normal probability distribution, the odds of Hong Leong to drop to 19.81 or more in 90 days from now is near 1 (This Hong Leong Bank probability density function shows the probability of Hong Stock to fall within a particular range of prices over 90 days) . Probability of Hong Leong Bank price to stay between 19.81 and its current price of 20.5 at the end of the 90-day period is about 20.9 .
Assuming the 90 days trading horizon Hong Leong Bank has a beta of -0.0072. This suggests as returns on the benchmark increase, returns on holding Hong Leong are expected to decrease at a much lower rate. During a bear market, however, Hong Leong Bank is likely to outperform the market. Additionally Hong Leong Bank 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. Hong Leong Price Density |
| Price |
Predictive Modules for Hong Leong
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hong Leong Bank. 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.Hong Leong Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hong Leong is not an exception. The market had few large corrections towards the Hong Leong'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 Hong Leong Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hong Leong within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0071 | |
β | Beta against Dow Jones | -0.0072 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.16 |
Hong Leong 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 Hong Leong for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hong Leong Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hong Leong Bank generated a negative expected return over the last 90 days |
Hong Leong 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 Hong Stock often depends not only on the future outlook of the current and potential Hong Leong'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. Hong Leong's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2 B | |
| Dividends Paid | 1.1 B | |
| Cash And Short Term Investments | 7.5 B |
Hong Leong Technical Analysis
Hong Leong's future price can be derived by breaking down and analyzing its technical indicators over time. Hong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hong Leong Bank. In general, you should focus on analyzing Hong Stock price patterns and their correlations with different microeconomic environments and drivers.
Hong Leong Predictive Forecast Models
Hong Leong's time-series forecasting models is one of many Hong Leong'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 Hong Leong'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 Hong Leong Bank
Checking the ongoing alerts about Hong Leong for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hong Leong Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hong Leong Bank generated a negative expected return over the last 90 days |
Other Information on Investing in Hong Stock
Hong Leong financial ratios help investors to determine whether Hong 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 Hong with respect to the benefits of owning Hong Leong security.