Forus SA (Chile) Odds of Future Stock Price Finishing Under 1600.0
| FORUS Stock | CLP 1,576 3.80 0.24% |
Forus |
Forus SA Target Price Odds to finish below 1600.0
The tendency of Forus 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 stay under 1,600 after 90 days |
| 1,576 | 90 days | 1,600 | about 38.71 |
Based on a normal probability distribution, the odds of Forus SA to stay under 1,600 after 90 days from now is about 38.71 (This Forus SA probability density function shows the probability of Forus Stock to fall within a particular range of prices over 90 days) . Probability of Forus SA price to stay between its current price of 1,576 and 1,600 at the end of the 90-day period is about 27.62 .
Assuming the 90 days trading horizon Forus SA has a beta of 0.12. This usually indicates as returns on the market go up, Forus SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Forus SA will be expected to be much smaller as well. Additionally Forus SA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Forus SA Price Density |
| Price |
Predictive Modules for Forus SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forus SA. 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 Forus SA's 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.
Forus SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forus SA is not an exception. The market had few large corrections towards the Forus SA'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 Forus SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forus SA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 0.12 | |
σ | Overall volatility | 26.44 | |
Ir | Information ratio | -0.14 |
Forus SA 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 Forus SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forus SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Forus SA generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are held by company insiders |
Forus SA 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 Forus Stock often depends not only on the future outlook of the current and potential Forus SA'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. Forus SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 258.5 M |
Forus SA Technical Analysis
Forus SA's future price can be derived by breaking down and analyzing its technical indicators over time. Forus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forus SA. In general, you should focus on analyzing Forus Stock price patterns and their correlations with different microeconomic environments and drivers.
Forus SA Predictive Forecast Models
Forus SA's time-series forecasting models is one of many Forus SA'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 Forus SA'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 Forus SA
Checking the ongoing alerts about Forus SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forus SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forus SA generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are held by company insiders |
Check out Forus SA Backtesting, Forus SA Valuation, Forus SA Correlation, Forus SA Hype Analysis, Forus SA Volatility, Forus SA History as well as Forus SA Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Forus Stock analysis
When running Forus SA's price analysis, check to measure Forus SA'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 Forus SA is operating at the current time. Most of Forus SA's value examination focuses on studying past and present price action to predict the probability of Forus SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forus SA's price. Additionally, you may evaluate how the addition of Forus SA to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |