Senkadagala Finance (Sri Lanka) Probability of Future Stock Price Finishing Under 420.0
| SFCLN0000 | 375.00 10.00 2.60% |
Senkadagala |
Senkadagala Finance Target Price Odds to finish below 420.0
The tendency of Senkadagala 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 under 420.00 after 90 days |
| 375.00 | 90 days | 420.00 | about 86.9 |
Based on a normal probability distribution, the odds of Senkadagala Finance to stay under 420.00 after 90 days from now is about 86.9 (This Senkadagala Finance PLC probability density function shows the probability of Senkadagala Stock to fall within a particular range of prices over 90 days) . Probability of Senkadagala Finance PLC price to stay between its current price of 375.00 and 420.00 at the end of the 90-day period is about 53.35 .
Assuming the 90 days trading horizon Senkadagala Finance has a beta of 0.43. This usually implies as returns on the market go up, Senkadagala Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Senkadagala Finance PLC will be expected to be much smaller as well. Additionally Senkadagala Finance PLC 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. Senkadagala Finance Price Density |
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Predictive Modules for Senkadagala Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Senkadagala Finance PLC. 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.Senkadagala Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Senkadagala Finance is not an exception. The market had few large corrections towards the Senkadagala Finance'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 Senkadagala Finance PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Senkadagala Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 29.06 | |
Ir | Information ratio | -0.09 |
Senkadagala Finance 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 Senkadagala Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Senkadagala Finance PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Senkadagala Finance is not yet fully synchronised with the market data |
Senkadagala Finance Technical Analysis
Senkadagala Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Senkadagala Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Senkadagala Finance PLC. In general, you should focus on analyzing Senkadagala Stock price patterns and their correlations with different microeconomic environments and drivers.
Senkadagala Finance Predictive Forecast Models
Senkadagala Finance's time-series forecasting models is one of many Senkadagala Finance'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 Senkadagala Finance'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 Senkadagala Finance PLC
Checking the ongoing alerts about Senkadagala Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Senkadagala Finance PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Senkadagala Finance is not yet fully synchronised with the market data |
Other Information on Investing in Senkadagala Stock
Senkadagala Finance financial ratios help investors to determine whether Senkadagala 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 Senkadagala with respect to the benefits of owning Senkadagala Finance security.