Blue Label (South Africa) Probability of Future Stock Price Finishing Over 523.0
| BLU Stock | 545.00 11.00 1.98% |
Blue |
Blue Label Target Price Odds to finish over 523.0
The tendency of Blue 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 stay above 523.00 in 90 days |
| 545.00 | 90 days | 523.00 | about 52.46 |
Based on a normal probability distribution, the odds of Blue Label to stay above 523.00 in 90 days from now is about 52.46 (This Blue Label Telecoms probability density function shows the probability of Blue Stock to fall within a particular range of prices over 90 days) . Probability of Blue Label Telecoms price to stay between 523.00 and its current price of 545.0 at the end of the 90-day period is about 26.91 .
Assuming the 90 days trading horizon Blue Label has a beta of 0.18 suggesting as returns on the market go up, Blue Label average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blue Label Telecoms will be expected to be much smaller as well. Additionally Blue Label Telecoms has an alpha of 0.1663, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blue Label Price Density |
| Price |
Predictive Modules for Blue Label
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Label Telecoms. 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.Blue Label Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blue Label is not an exception. The market had few large corrections towards the Blue Label'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 Blue Label Telecoms, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blue Label within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 30.60 | |
Ir | Information ratio | 0.05 |
Blue Label 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 Blue Label for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blue Label Telecoms can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 36.0% of the company shares are held by company insiders |
Blue Label 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 Blue Stock often depends not only on the future outlook of the current and potential Blue Label'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. Blue Label's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 909.8 M | |
| Cash And Short Term Investments | 2.7 B |
Blue Label Technical Analysis
Blue Label's future price can be derived by breaking down and analyzing its technical indicators over time. Blue Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Label Telecoms. In general, you should focus on analyzing Blue Stock price patterns and their correlations with different microeconomic environments and drivers.
Blue Label Predictive Forecast Models
Blue Label's time-series forecasting models is one of many Blue Label'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 Blue Label'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 Blue Label Telecoms
Checking the ongoing alerts about Blue Label for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blue Label Telecoms help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 36.0% of the company shares are held by company insiders |
Other Information on Investing in Blue Stock
Blue Label financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Label security.