ANZ Group Holdings Probability of Future Pink Sheet Price Finishing Under 16.8
| ANZGFDelisted Stock | 16.38 0.20 1.24% |
ANZ |
ANZ Group Target Price Odds to finish below 16.8
The tendency of ANZ Pink Sheet 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 stay under 16.80 after 90 days |
| 16.38 | 90 days | 16.80 | about 86.41 |
Based on a normal probability distribution, the odds of ANZ Group to stay under 16.80 after 90 days from now is about 86.41 (This ANZ Group Holdings probability density function shows the probability of ANZ Pink Sheet to fall within a particular range of prices over 90 days) . Probability of ANZ Group Holdings price to stay between its current price of 16.38 and 16.80 at the end of the 90-day period is about 11.77 .
Assuming the 90 days horizon ANZ Group Holdings has a beta of -0.52. This suggests as returns on the benchmark increase, returns on holding ANZ Group are expected to decrease at a much lower rate. During a bear market, however, ANZ Group Holdings is likely to outperform the market. Additionally ANZ Group Holdings has an alpha of 0.2631, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ANZ Group Price Density |
| Price |
Predictive Modules for ANZ Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ANZ Group Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.ANZ Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ANZ Group is not an exception. The market had few large corrections towards the ANZ Group'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 ANZ Group Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ANZ Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | 0.03 |
ANZ Group 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 ANZ Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ANZ Group Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ANZ Group Holdings is not yet fully synchronised with the market data |
ANZ Group Technical Analysis
ANZ Group's future price can be derived by breaking down and analyzing its technical indicators over time. ANZ Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ANZ Group Holdings. In general, you should focus on analyzing ANZ Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
ANZ Group Predictive Forecast Models
ANZ Group's time-series forecasting models is one of many ANZ Group's pink sheet 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 ANZ Group'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 pink sheet market movement and maximize returns from investment trading.
Things to note about ANZ Group Holdings
Checking the ongoing alerts about ANZ Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ANZ Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ANZ Group Holdings is not yet fully synchronised with the market data |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in ANZ Pink Sheet
If you are still planning to invest in ANZ Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ANZ Group's history and understand the potential risks before investing.
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