Harn Len (Malaysia) Odds of Future Stock Price Finishing Over 0.39
7501 Stock | 0.39 0.01 2.50% |
Harn |
Harn Len Target Price Odds to finish over 0.39
The tendency of Harn 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 above the current price in 90 days |
0.39 | 90 days | 0.39 | about 79.77 |
Based on a normal probability distribution, the odds of Harn Len to move above the current price in 90 days from now is about 79.77 (This Harn Len probability density function shows the probability of Harn Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Harn Len has a beta of -0.2. This suggests as returns on the benchmark increase, returns on holding Harn Len are expected to decrease at a much lower rate. During a bear market, however, Harn Len is likely to outperform the market. Additionally Harn Len has an alpha of 0.0922, implying that it can generate a 0.0922 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Harn Len Price Density |
Price |
Predictive Modules for Harn Len
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harn Len. 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.Harn Len Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Harn Len is not an exception. The market had few large corrections towards the Harn Len'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 Harn Len, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Harn Len within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
Harn Len 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 Harn Len for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Harn Len can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Harn Len has some characteristics of a very speculative penny stock | |
The company reported the revenue of 219.43 M. Net Loss for the year was (23.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Harn Len has accumulated about 25.06 M in cash with (10.74 M) of positive cash flow from operations. |
Harn Len 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 Harn Stock often depends not only on the future outlook of the current and potential Harn Len'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. Harn Len's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 527.5 M | |
Cash And Short Term Investments | 30.1 M |
Harn Len Technical Analysis
Harn Len's future price can be derived by breaking down and analyzing its technical indicators over time. Harn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harn Len. In general, you should focus on analyzing Harn Stock price patterns and their correlations with different microeconomic environments and drivers.
Harn Len Predictive Forecast Models
Harn Len's time-series forecasting models is one of many Harn Len'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 Harn Len'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 Harn Len
Checking the ongoing alerts about Harn Len for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Harn Len help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Harn Len has some characteristics of a very speculative penny stock | |
The company reported the revenue of 219.43 M. Net Loss for the year was (23.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Harn Len has accumulated about 25.06 M in cash with (10.74 M) of positive cash flow from operations. |
Other Information on Investing in Harn Stock
Harn Len financial ratios help investors to determine whether Harn 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 Harn with respect to the benefits of owning Harn Len security.