KPJ Healthcare (Malaysia) Probability of Future Stock Price Finishing Under 0.53
| 5878 Stock | 2.38 0.04 1.71% |
KPJ |
KPJ Healthcare Target Price Odds to finish below 0.53
The tendency of KPJ 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 0.53 or more in 90 days |
| 2.38 | 90 days | 0.53 | near 1 |
Based on a normal probability distribution, the odds of KPJ Healthcare to drop to 0.53 or more in 90 days from now is near 1 (This KPJ Healthcare Bhd probability density function shows the probability of KPJ Stock to fall within a particular range of prices over 90 days) . Probability of KPJ Healthcare Bhd price to stay between 0.53 and its current price of 2.38 at the end of the 90-day period is about 89.41 .
Assuming the 90 days trading horizon KPJ Healthcare has a beta of 0.21. This suggests as returns on the market go up, KPJ Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KPJ Healthcare Bhd will be expected to be much smaller as well. Additionally KPJ Healthcare Bhd has an alpha of 0.3392, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). KPJ Healthcare Price Density |
| Price |
Predictive Modules for KPJ Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KPJ Healthcare 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.KPJ Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. KPJ Healthcare is not an exception. The market had few large corrections towards the KPJ Healthcare'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 KPJ Healthcare Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of KPJ Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.14 |
KPJ Healthcare 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 KPJ Stock often depends not only on the future outlook of the current and potential KPJ Healthcare'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. KPJ Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.4 B | |
| Cash And Short Term Investments | 291 M |
KPJ Healthcare Technical Analysis
KPJ Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. KPJ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of KPJ Healthcare Bhd. In general, you should focus on analyzing KPJ Stock price patterns and their correlations with different microeconomic environments and drivers.
KPJ Healthcare Predictive Forecast Models
KPJ Healthcare's time-series forecasting models is one of many KPJ Healthcare'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 KPJ Healthcare'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 KPJ Healthcare 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, KPJ Healthcare's short interest history, or implied volatility extrapolated from KPJ Healthcare options trading.
Other Information on Investing in KPJ Stock
KPJ Healthcare financial ratios help investors to determine whether KPJ 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 KPJ with respect to the benefits of owning KPJ Healthcare security.