Sidi Kerir (Egypt) Probability of Future Stock Price Finishing Over 20.63
| SKPC Stock | 20.30 0.25 1.22% |
Sidi |
Sidi Kerir Target Price Odds to finish over 20.63
The tendency of Sidi 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 20.63 or more in 90 days |
| 20.30 | 90 days | 20.63 | about 82.8 |
Based on a normal probability distribution, the odds of Sidi Kerir to move over 20.63 or more in 90 days from now is about 82.8 (This Sidi Kerir Petrochemicals probability density function shows the probability of Sidi Stock to fall within a particular range of prices over 90 days) . Probability of Sidi Kerir Petrochemicals price to stay between its current price of 20.30 and 20.63 at the end of the 90-day period is roughly 2.27 .
Assuming the 90 days trading horizon Sidi Kerir has a beta of 0.3. This usually implies as returns on the market go up, Sidi Kerir average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sidi Kerir Petrochemicals will be expected to be much smaller as well. Additionally Sidi Kerir Petrochemicals 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. Sidi Kerir Price Density |
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Predictive Modules for Sidi Kerir
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sidi Kerir Petrochemicals. 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.Sidi Kerir Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sidi Kerir is not an exception. The market had few large corrections towards the Sidi Kerir'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 Sidi Kerir Petrochemicals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sidi Kerir within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 3.54 | |
Ir | Information ratio | -0.23 |
Sidi Kerir 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 Sidi Kerir for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sidi Kerir Petrochemicals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sidi Kerir generated a negative expected return over the last 90 days |
Sidi Kerir Technical Analysis
Sidi Kerir's future price can be derived by breaking down and analyzing its technical indicators over time. Sidi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sidi Kerir Petrochemicals. In general, you should focus on analyzing Sidi Stock price patterns and their correlations with different microeconomic environments and drivers.
Sidi Kerir Predictive Forecast Models
Sidi Kerir's time-series forecasting models is one of many Sidi Kerir'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 Sidi Kerir'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 Sidi Kerir Petrochemicals
Checking the ongoing alerts about Sidi Kerir for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sidi Kerir Petrochemicals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sidi Kerir generated a negative expected return over the last 90 days |