Redefine Properties (South Africa) Probability of Future Stock Price Finishing Under 456.0
| RDF Stock | 456.00 2.00 0.44% |
Redefine |
Redefine Properties Target Price Odds to finish below 456.0
The tendency of Redefine 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 below current price in 90 days |
| 456.00 | 90 days | 456.00 | about 5.28 |
Based on a normal probability distribution, the odds of Redefine Properties to move below current price in 90 days from now is about 5.28 (This Redefine Properties probability density function shows the probability of Redefine Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Redefine Properties has a beta of -0.11 indicating as returns on the benchmark increase, returns on holding Redefine Properties are expected to decrease at a much lower rate. During a bear market, however, Redefine Properties is likely to outperform the market. Additionally Redefine Properties 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. Redefine Properties Price Density |
| Price |
Predictive Modules for Redefine Properties
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Redefine Properties. 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.Redefine Properties Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Redefine Properties is not an exception. The market had few large corrections towards the Redefine Properties' 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 Redefine Properties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Redefine Properties within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 18.46 | |
Ir | Information ratio | -0.17 |
Redefine Properties 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 Redefine Properties for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Redefine Properties can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Redefine Properties generated a negative expected return over the last 90 days | |
| Over 83.0% of the company shares are owned by institutional investors |
Redefine Properties 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 Redefine Stock often depends not only on the future outlook of the current and potential Redefine Properties' 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. Redefine Properties' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.8 B |
Redefine Properties Technical Analysis
Redefine Properties' future price can be derived by breaking down and analyzing its technical indicators over time. Redefine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Redefine Properties. In general, you should focus on analyzing Redefine Stock price patterns and their correlations with different microeconomic environments and drivers.
Redefine Properties Predictive Forecast Models
Redefine Properties' time-series forecasting models is one of many Redefine Properties' 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 Redefine Properties' 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 Redefine Properties
Checking the ongoing alerts about Redefine Properties for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Redefine Properties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Redefine Properties generated a negative expected return over the last 90 days | |
| Over 83.0% of the company shares are owned by institutional investors |
Other Information on Investing in Redefine Stock
Redefine Properties financial ratios help investors to determine whether Redefine 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 Redefine with respect to the benefits of owning Redefine Properties security.