EXCELSIOR UNITED (Mauritius) Probability of Future Stock Price Finishing Under 14.69
| EUDC Stock | 15.75 0.00 0.00% |
EXCELSIOR |
EXCELSIOR UNITED Target Price Odds to finish below 14.69
The tendency of EXCELSIOR 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 drop to 14.69 or more in 90 days |
| 15.75 | 90 days | 14.69 | near 1 |
Based on a normal probability distribution, the odds of EXCELSIOR UNITED to drop to 14.69 or more in 90 days from now is near 1 (This EXCELSIOR UNITED DEVELOPMENT probability density function shows the probability of EXCELSIOR Stock to fall within a particular range of prices over 90 days) . Probability of EXCELSIOR UNITED DEV price to stay between 14.69 and its current price of 15.75 at the end of the 90-day period is roughly 2.72 .
Assuming the 90 days trading horizon EXCELSIOR UNITED has a beta of 0.0241 suggesting as returns on the market go up, EXCELSIOR UNITED average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EXCELSIOR UNITED DEVELOPMENT will be expected to be much smaller as well. Additionally EXCELSIOR UNITED DEVELOPMENT has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. EXCELSIOR UNITED Price Density |
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Predictive Modules for EXCELSIOR UNITED
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EXCELSIOR UNITED DEV. 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.EXCELSIOR UNITED Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EXCELSIOR UNITED is not an exception. The market had few large corrections towards the EXCELSIOR UNITED'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 EXCELSIOR UNITED DEVELOPMENT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EXCELSIOR UNITED within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.35 |
EXCELSIOR UNITED 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 EXCELSIOR UNITED for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EXCELSIOR UNITED DEV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EXCELSIOR UNITED DEV generated a negative expected return over the last 90 days |
EXCELSIOR UNITED Technical Analysis
EXCELSIOR UNITED's future price can be derived by breaking down and analyzing its technical indicators over time. EXCELSIOR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EXCELSIOR UNITED DEVELOPMENT. In general, you should focus on analyzing EXCELSIOR Stock price patterns and their correlations with different microeconomic environments and drivers.
EXCELSIOR UNITED Predictive Forecast Models
EXCELSIOR UNITED's time-series forecasting models is one of many EXCELSIOR UNITED'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 EXCELSIOR UNITED'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 EXCELSIOR UNITED DEV
Checking the ongoing alerts about EXCELSIOR UNITED for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EXCELSIOR UNITED DEV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EXCELSIOR UNITED DEV generated a negative expected return over the last 90 days |