Serendib Hotels (Sri Lanka) Probability of Future Stock Price Finishing Under 12.02

SHOTN0000  LKR 20.60  0.20  0.98%   
Serendib Hotels' future price is the expected price of Serendib Hotels instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Serendib Hotels PLC performance during a given time horizon utilizing its historical volatility. Check out Serendib Hotels Backtesting, Serendib Hotels Valuation, Serendib Hotels Correlation, Serendib Hotels Hype Analysis, Serendib Hotels Volatility, Serendib Hotels History as well as Serendib Hotels Performance.
  
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Serendib Hotels Target Price Odds to finish below 12.02

The tendency of Serendib 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 PriceHorizonTarget PriceOdds to drop to  12.02  or more in 90 days
 20.60 90 days 12.02 
under 4
Based on a normal probability distribution, the odds of Serendib Hotels to drop to  12.02  or more in 90 days from now is under 4 (This Serendib Hotels PLC probability density function shows the probability of Serendib Stock to fall within a particular range of prices over 90 days) . Probability of Serendib Hotels PLC price to stay between  12.02  and its current price of 20.6 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Serendib Hotels has a beta of 0.12. This usually implies as returns on the market go up, Serendib Hotels average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Serendib Hotels PLC will be expected to be much smaller as well. Additionally Serendib Hotels PLC has an alpha of 0.743, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Serendib Hotels Price Density   
       Price  

Predictive Modules for Serendib Hotels

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Serendib Hotels 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.
Hype
Prediction
LowEstimatedHigh
17.9720.4022.83
Details
Intrinsic
Valuation
LowRealHigh
20.0122.4424.87
Details
Naive
Forecast
LowNextHigh
17.5519.9822.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.0119.1621.30
Details

Serendib Hotels Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Serendib Hotels is not an exception. The market had few large corrections towards the Serendib Hotels' 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 Serendib Hotels PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Serendib Hotels within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.74
β
Beta against Dow Jones0.12
σ
Overall volatility
2.20
Ir
Information ratio 0.28

Serendib Hotels Technical Analysis

Serendib Hotels' future price can be derived by breaking down and analyzing its technical indicators over time. Serendib Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Serendib Hotels PLC. In general, you should focus on analyzing Serendib Stock price patterns and their correlations with different microeconomic environments and drivers.

Serendib Hotels Predictive Forecast Models

Serendib Hotels' time-series forecasting models is one of many Serendib Hotels' 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 Serendib Hotels' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Serendib Hotels in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Serendib Hotels' short interest history, or implied volatility extrapolated from Serendib Hotels options trading.

Other Information on Investing in Serendib Stock

Serendib Hotels financial ratios help investors to determine whether Serendib 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 Serendib with respect to the benefits of owning Serendib Hotels security.