Auto Trader (UK) Probability of Future Stock Price Finishing Under 609.3
| AUTO Stock | 832.80 2.80 0.34% |
Auto |
Auto Trader Target Price Odds to finish below 609.3
The tendency of Auto 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 drop to 609.30 or more in 90 days |
| 832.80 | 90 days | 609.30 | near 1 |
Based on a normal probability distribution, the odds of Auto Trader to drop to 609.30 or more in 90 days from now is near 1 (This Auto Trader Group probability density function shows the probability of Auto Stock to fall within a particular range of prices over 90 days) . Probability of Auto Trader Group price to stay between 609.30 and its current price of 832.8 at the end of the 90-day period is about 25.67 .
Assuming the 90 days trading horizon Auto Trader has a beta of 0.5. This suggests as returns on the market go up, Auto Trader average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Auto Trader Group will be expected to be much smaller as well. Additionally Auto Trader Group 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. Auto Trader Price Density |
| Price |
Predictive Modules for Auto Trader
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Auto Trader Group. 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.Auto Trader Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Auto Trader is not an exception. The market had few large corrections towards the Auto Trader'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 Auto Trader Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Auto Trader within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 30.69 | |
Ir | Information ratio | -0.1 |
Auto Trader 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 Auto Trader for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Auto Trader Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Auto Trader Group generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Short Interest in Auto Trader Group plc Increases By 75.7 percent - MarketBeat |
Auto Trader 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 Auto Stock often depends not only on the future outlook of the current and potential Auto Trader'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. Auto Trader's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 915.3 M | |
| Cash And Short Term Investments | 18.7 M |
Auto Trader Technical Analysis
Auto Trader's future price can be derived by breaking down and analyzing its technical indicators over time. Auto Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Auto Trader Group. In general, you should focus on analyzing Auto Stock price patterns and their correlations with different microeconomic environments and drivers.
Auto Trader Predictive Forecast Models
Auto Trader's time-series forecasting models is one of many Auto Trader'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 Auto Trader'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 Auto Trader Group
Checking the ongoing alerts about Auto Trader for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Auto Trader Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Auto Trader Group generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Short Interest in Auto Trader Group plc Increases By 75.7 percent - MarketBeat |
Additional Tools for Auto Stock Analysis
When running Auto Trader's price analysis, check to measure Auto Trader'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 Auto Trader is operating at the current time. Most of Auto Trader's value examination focuses on studying past and present price action to predict the probability of Auto Trader's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auto Trader's price. Additionally, you may evaluate how the addition of Auto Trader to your portfolios can decrease your overall portfolio volatility.