XL Holdings (Malaysia) Probability of Future Stock Price Finishing Over 4.76
| 7121 Stock | 0.52 0.00 0.00% |
7121 |
XL Holdings Target Price Odds to finish over 4.76
The tendency of 7121 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 4.76 or more in 90 days |
| 0.52 | 90 days | 4.76 | close to zero percent |
Based on a normal probability distribution, the odds of XL Holdings to move over 4.76 or more in 90 days from now is close to zero percent (This XL Holdings Bhd probability density function shows the probability of 7121 Stock to fall within a particular range of prices over 90 days) . Probability of XL Holdings Bhd price to stay between its current price of 0.52 and 4.76 at the end of the 90-day period is about 50.0 .
Assuming the 90 days trading horizon XL Holdings Bhd has a beta of -0.0579. This suggests as returns on the benchmark increase, returns on holding XL Holdings are expected to decrease at a much lower rate. During a bear market, however, XL Holdings Bhd is likely to outperform the market. Additionally XL Holdings 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. XL Holdings Price Density |
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Predictive Modules for XL Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XL Holdings 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.XL Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XL Holdings is not an exception. The market had few large corrections towards the XL Holdings' 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 XL Holdings Bhd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XL Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.08 |
XL Holdings 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 XL Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XL Holdings 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.| XL Holdings Bhd generated a negative expected return over the last 90 days | |
| XL Holdings Bhd has some characteristics of a very speculative penny stock |
XL Holdings Technical Analysis
XL Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. 7121 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XL Holdings Bhd. In general, you should focus on analyzing 7121 Stock price patterns and their correlations with different microeconomic environments and drivers.
XL Holdings Predictive Forecast Models
XL Holdings' time-series forecasting models is one of many XL Holdings' 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 XL Holdings' 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 XL Holdings Bhd
Checking the ongoing alerts about XL Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XL Holdings Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XL Holdings Bhd generated a negative expected return over the last 90 days | |
| XL Holdings Bhd has some characteristics of a very speculative penny stock |