DigiPlus Interactive (Philippines) Probability of Future Stock Price Finishing Over 28.25
| PLUS Stock | 20.00 2.60 11.50% |
DigiPlus |
DigiPlus Interactive Target Price Odds to finish over 28.25
The tendency of DigiPlus 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 28.25 or more in 90 days |
| 20.00 | 90 days | 28.25 | under 95 |
Based on a normal probability distribution, the odds of DigiPlus Interactive to move over 28.25 or more in 90 days from now is under 95 (This DigiPlus Interactive Corp probability density function shows the probability of DigiPlus Stock to fall within a particular range of prices over 90 days) . Probability of DigiPlus Interactive Corp price to stay between its current price of 20.00 and 28.25 at the end of the 90-day period is nearly 4.86 .
Assuming the 90 days trading horizon DigiPlus Interactive Corp has a beta of -0.68 indicating as returns on the benchmark increase, returns on holding DigiPlus Interactive are expected to decrease at a much lower rate. During a bear market, however, DigiPlus Interactive Corp is likely to outperform the market. Additionally DigiPlus Interactive Corp 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. DigiPlus Interactive Price Density |
| Price |
Predictive Modules for DigiPlus Interactive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DigiPlus Interactive Corp. 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.DigiPlus Interactive Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DigiPlus Interactive is not an exception. The market had few large corrections towards the DigiPlus Interactive'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 DigiPlus Interactive Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DigiPlus Interactive within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.5 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 11.12 | |
Ir | Information ratio | -0.1 |
DigiPlus Interactive 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 DigiPlus Interactive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DigiPlus Interactive Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DigiPlus Interactive generated a negative expected return over the last 90 days | |
| DigiPlus Interactive has high historical volatility and very poor performance |
DigiPlus Interactive Technical Analysis
DigiPlus Interactive's future price can be derived by breaking down and analyzing its technical indicators over time. DigiPlus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DigiPlus Interactive Corp. In general, you should focus on analyzing DigiPlus Stock price patterns and their correlations with different microeconomic environments and drivers.
DigiPlus Interactive Predictive Forecast Models
DigiPlus Interactive's time-series forecasting models is one of many DigiPlus Interactive'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 DigiPlus Interactive'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 DigiPlus Interactive Corp
Checking the ongoing alerts about DigiPlus Interactive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DigiPlus Interactive Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DigiPlus Interactive generated a negative expected return over the last 90 days | |
| DigiPlus Interactive has high historical volatility and very poor performance |
Additional Tools for DigiPlus Stock Analysis
When running DigiPlus Interactive's price analysis, check to measure DigiPlus Interactive's 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 DigiPlus Interactive is operating at the current time. Most of DigiPlus Interactive's value examination focuses on studying past and present price action to predict the probability of DigiPlus Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiPlus Interactive's price. Additionally, you may evaluate how the addition of DigiPlus Interactive to your portfolios can decrease your overall portfolio volatility.