Afcon Holdings (Israel) Probability of Future Stock Price Finishing Over 20357.7
| AFHL Stock | ILS 9,372 12.00 0.13% |
Afcon |
Afcon Holdings Target Price Odds to finish over 20357.7
The tendency of Afcon 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 S 20,358 or more in 90 days |
| 9,372 | 90 days | 20,358 | close to zero percent |
Based on a normal probability distribution, the odds of Afcon Holdings to move over S 20,358 or more in 90 days from now is close to zero percent (This Afcon Holdings probability density function shows the probability of Afcon Stock to fall within a particular range of prices over 90 days) . Probability of Afcon Holdings price to stay between its current price of S 9,372 and S 20,358 at the end of the 90-day period is roughly 97.0 .
Assuming the 90 days trading horizon Afcon Holdings has a beta of 0.31. This suggests as returns on the market go up, Afcon Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Afcon Holdings will be expected to be much smaller as well. Additionally Afcon Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Afcon Holdings Price Density |
| Price |
Predictive Modules for Afcon Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Afcon Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Afcon Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Afcon Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Afcon Holdings is not an exception. The market had few large corrections towards the Afcon Holdings' 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 Afcon Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Afcon Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 0.31 | |
σ | Overall volatility | 254.22 | |
Ir | Information ratio | -0.08 |
Afcon Holdings 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 Afcon Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Afcon Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Afcon Holdings generated a negative expected return over the last 90 days | |
| Afcon Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 66.0% of the company shares are held by company insiders |
Afcon Holdings 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 Afcon Stock often depends not only on the future outlook of the current and potential Afcon Holdings' 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. Afcon Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.1 M |
Afcon Holdings Technical Analysis
Afcon Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Afcon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Afcon Holdings. In general, you should focus on analyzing Afcon Stock price patterns and their correlations with different microeconomic environments and drivers.
Afcon Holdings Predictive Forecast Models
Afcon Holdings' time-series forecasting models is one of many Afcon Holdings' 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 Afcon Holdings' 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 Afcon Holdings
Checking the ongoing alerts about Afcon Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Afcon Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Afcon Holdings generated a negative expected return over the last 90 days | |
| Afcon Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 66.0% of the company shares are held by company insiders |
Check out Afcon Holdings Backtesting, Afcon Holdings Valuation, Afcon Holdings Correlation, Afcon Holdings Hype Analysis, Afcon Holdings Volatility, Afcon Holdings History as well as Afcon Holdings Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Afcon Stock analysis
When running Afcon Holdings' price analysis, check to measure Afcon Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Afcon Holdings is operating at the current time. Most of Afcon Holdings' value examination focuses on studying past and present price action to predict the probability of Afcon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afcon Holdings' price. Additionally, you may evaluate how the addition of Afcon Holdings to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |