Fbs Global Limited Stock Probability of Future Stock Price Finishing Over 0.62
| FBGL Stock | 0.62 0.01 1.59% |
FBS Global Target Price Odds to finish over 0.62
The tendency of FBS 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 above the current price in 90 days |
| 0.62 | 90 days | 0.62 | about 58.95 |
Based on a normal probability distribution, the odds of FBS Global to move above the current price in 90 days from now is about 58.95 (This FBS Global Limited probability density function shows the probability of FBS Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.33 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FBS Global will likely underperform. Additionally FBS Global Limited 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. FBS Global Price Density |
| Price |
Predictive Modules for FBS Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FBS Global Limited. 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.FBS Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FBS Global is not an exception. The market had few large corrections towards the FBS Global'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 FBS Global Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FBS Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 2.33 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
FBS Global 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 FBS Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FBS Global Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FBS Global Limited had very high historical volatility over the last 90 days | |
| FBS Global Limited has some characteristics of a very speculative penny stock | |
| About 69.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Is FBS Global Limited a good long term investment - Outstanding risk-reward balance - Jammu Links News |
FBS Global 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 FBS Stock often depends not only on the future outlook of the current and potential FBS Global'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. FBS Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.5 M | |
| Cash And Short Term Investments | 3 M | |
| Shares Float | 3.4 M |
FBS Global Technical Analysis
FBS Global's future price can be derived by breaking down and analyzing its technical indicators over time. FBS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FBS Global Limited. In general, you should focus on analyzing FBS Stock price patterns and their correlations with different microeconomic environments and drivers.
FBS Global Predictive Forecast Models
FBS Global's time-series forecasting models is one of many FBS Global'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 FBS Global'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 FBS Global Limited
Checking the ongoing alerts about FBS Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FBS Global Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FBS Global Limited had very high historical volatility over the last 90 days | |
| FBS Global Limited has some characteristics of a very speculative penny stock | |
| About 69.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Is FBS Global Limited a good long term investment - Outstanding risk-reward balance - Jammu Links News |
Check out FBS Global Backtesting, FBS Global Valuation, FBS Global Correlation, FBS Global Hype Analysis, FBS Global Volatility, FBS Global History as well as FBS Global Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FBS Global. If investors know FBS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FBS Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.03 | Revenue Per Share 1.881 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0179 | Return On Equity |
The market value of FBS Global Limited is measured differently than its book value, which is the value of FBS that is recorded on the company's balance sheet. Investors also form their own opinion of FBS Global's value that differs from its market value or its book value, called intrinsic value, which is FBS Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FBS Global's market value can be influenced by many factors that don't directly affect FBS Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FBS Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if FBS Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FBS Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.