A1EN34 (Brazil) Chance of Future Stock Price Finishing Over 256.95
| A1EN34 Stock | 256.45 0.00 0.00% |
A1EN34 |
A1EN34 Target Price Odds to finish over 256.95
The tendency of A1EN34 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 256.95 or more in 90 days |
| 256.45 | 90 days | 256.95 | about 8.4 |
Based on a normal probability distribution, the odds of A1EN34 to move over 256.95 or more in 90 days from now is about 8.4 (This A1EN34 probability density function shows the probability of A1EN34 Stock to fall within a particular range of prices over 90 days) . Probability of A1EN34 price to stay between its current price of 256.45 and 256.95 at the end of the 90-day period is about 11.3 .
Assuming the 90 days trading horizon A1EN34 has a beta of 0.018. This suggests as returns on the market go up, A1EN34 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding A1EN34 will be expected to be much smaller as well. Additionally A1EN34 has an alpha of 0.001, implying that it can generate a 9.7E-4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). A1EN34 Price Density |
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Predictive Modules for A1EN34
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as A1EN34. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as A1EN34. Your research has to be compared to or analyzed against A1EN34's peers to derive any actionable benefits. When done correctly, A1EN34's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in A1EN34.A1EN34 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. A1EN34 is not an exception. The market had few large corrections towards the A1EN34'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 A1EN34, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of A1EN34 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.001 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | -0.23 |
A1EN34 Technical Analysis
A1EN34's future price can be derived by breaking down and analyzing its technical indicators over time. A1EN34 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of A1EN34. In general, you should focus on analyzing A1EN34 Stock price patterns and their correlations with different microeconomic environments and drivers.
A1EN34 Predictive Forecast Models
A1EN34's time-series forecasting models is one of many A1EN34'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 A1EN34'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 A1EN34 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, A1EN34's short interest history, or implied volatility extrapolated from A1EN34 options trading.