Boxer Retail (South Africa) Probability of Future Stock Price Finishing Over 7133.5
| BOX Stock | 6,485 53.00 0.82% |
Boxer |
Boxer Retail Target Price Odds to finish over 7133.5
The tendency of Boxer 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 7,134 or more in 90 days |
| 6,485 | 90 days | 7,134 | roughly 2.74 |
Based on a normal probability distribution, the odds of Boxer Retail to move over 7,134 or more in 90 days from now is roughly 2.74 (This Boxer Retail probability density function shows the probability of Boxer Stock to fall within a particular range of prices over 90 days) . Probability of Boxer Retail price to stay between its current price of 6,485 and 7,134 at the end of the 90-day period is about 33.84 .
Assuming the 90 days trading horizon Boxer Retail has a beta of -0.029 suggesting as returns on the benchmark increase, returns on holding Boxer Retail are expected to decrease at a much lower rate. During a bear market, however, Boxer Retail is likely to outperform the market. Moreover Boxer Retail has an alpha of 1.4182, implying that it can generate a 1.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Boxer Retail Price Density |
| Price |
Predictive Modules for Boxer Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boxer Retail. 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.Boxer Retail Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boxer Retail is not an exception. The market had few large corrections towards the Boxer Retail'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 Boxer Retail, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boxer Retail within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.42 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 410.94 | |
Ir | Information ratio | 0.26 |
Boxer Retail 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 Boxer Retail for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boxer Retail can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Boxer Retail appears to be risky and price may revert if volatility continues |
Boxer Retail Technical Analysis
Boxer Retail's future price can be derived by breaking down and analyzing its technical indicators over time. Boxer Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boxer Retail. In general, you should focus on analyzing Boxer Stock price patterns and their correlations with different microeconomic environments and drivers.
Boxer Retail Predictive Forecast Models
Boxer Retail's time-series forecasting models is one of many Boxer Retail'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 Boxer Retail'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 Boxer Retail
Checking the ongoing alerts about Boxer Retail for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boxer Retail help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boxer Retail appears to be risky and price may revert if volatility continues |