Foschini (South Africa) Odds of Future Stock Price Finishing Over 18750.6
| TFG Stock | 17,046 122.00 0.72% |
Foschini |
Foschini Target Price Odds to finish over 18750.6
The tendency of Foschini 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 18,751 or more in 90 days |
| 17,046 | 90 days | 18,751 | near 1 |
Based on a normal probability distribution, the odds of Foschini to move over 18,751 or more in 90 days from now is near 1 (This Foschini Group probability density function shows the probability of Foschini Stock to fall within a particular range of prices over 90 days) . Probability of Foschini Group price to stay between its current price of 17,046 and 18,751 at the end of the 90-day period is about 1.34 .
Assuming the 90 days trading horizon Foschini Group has a beta of -0.52. This usually implies as returns on the benchmark increase, returns on holding Foschini are expected to decrease at a much lower rate. During a bear market, however, Foschini Group is likely to outperform the market. Additionally Foschini Group has an alpha of 0.3103, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Foschini Price Density |
| Price |
Predictive Modules for Foschini
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foschini Group. 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.Foschini Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Foschini is not an exception. The market had few large corrections towards the Foschini'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 Foschini Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Foschini within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 836.03 | |
Ir | Information ratio | 0.06 |
Foschini 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 Foschini for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Foschini Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 81.0% of the company shares are owned by institutional investors |
Foschini 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 Foschini Stock often depends not only on the future outlook of the current and potential Foschini's 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. Foschini's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 304.3 M | |
| Cash And Short Term Investments | 5.7 B |
Foschini Technical Analysis
Foschini's future price can be derived by breaking down and analyzing its technical indicators over time. Foschini Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Foschini Group. In general, you should focus on analyzing Foschini Stock price patterns and their correlations with different microeconomic environments and drivers.
Foschini Predictive Forecast Models
Foschini's time-series forecasting models is one of many Foschini'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 Foschini'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 Foschini Group
Checking the ongoing alerts about Foschini for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Foschini Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 81.0% of the company shares are owned by institutional investors |
Other Information on Investing in Foschini Stock
Foschini financial ratios help investors to determine whether Foschini 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 Foschini with respect to the benefits of owning Foschini security.