DXC Technology (UK) Probability of Future Stock Price Finishing Over 21.06
| 0I6U Stock | 22.22 0.36 1.65% |
DXC |
DXC Technology Target Price Odds to finish over 21.06
The tendency of DXC 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 above 21.06 in 90 days |
| 22.22 | 90 days | 21.06 | about 35.5 |
Based on a normal probability distribution, the odds of DXC Technology to stay above 21.06 in 90 days from now is about 35.5 (This DXC Technology Co probability density function shows the probability of DXC Stock to fall within a particular range of prices over 90 days) . Probability of DXC Technology price to stay between 21.06 and its current price of 22.22 at the end of the 90-day period is about 32.35 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.11 . This suggests DXC Technology Co market returns are related to returns on the market. As the market goes up or down, DXC Technology is expected to follow. Additionally DXC Technology Co has an alpha of 0.0126, implying that it can generate a 0.0126 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DXC Technology Price Density |
| Price |
Predictive Modules for DXC Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DXC Technology. 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.DXC Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DXC Technology is not an exception. The market had few large corrections towards the DXC Technology'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 DXC Technology Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DXC Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | 0.01 |
DXC Technology 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 DXC Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DXC Technology 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 97.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Moran Wealth Management LLC Takes 2.41 Million Position in DXC Technology - MarketBeat |
DXC Technology 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 DXC Stock often depends not only on the future outlook of the current and potential DXC Technology'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. DXC Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 198.8 M | |
| Cash And Short Term Investments | 1.2 B |
DXC Technology Technical Analysis
DXC Technology's future price can be derived by breaking down and analyzing its technical indicators over time. DXC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DXC Technology Co. In general, you should focus on analyzing DXC Stock price patterns and their correlations with different microeconomic environments and drivers.
DXC Technology Predictive Forecast Models
DXC Technology's time-series forecasting models is one of many DXC Technology'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 DXC Technology'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 DXC Technology
Checking the ongoing alerts about DXC Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DXC Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 97.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Moran Wealth Management LLC Takes 2.41 Million Position in DXC Technology - MarketBeat |
Additional Tools for DXC Stock Analysis
When running DXC Technology's price analysis, check to measure DXC Technology'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 DXC Technology is operating at the current time. Most of DXC Technology's value examination focuses on studying past and present price action to predict the probability of DXC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXC Technology's price. Additionally, you may evaluate how the addition of DXC Technology to your portfolios can decrease your overall portfolio volatility.