Deere Company Stock Chance of Future Stock Price Finishing Under 344.06
| DE Stock | USD 446.65 9.11 2.08% |
Deere |
Deere Target Price Odds to finish below 344.06
The tendency of Deere 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 $ 344.06 or more in 90 days |
| 446.65 | 90 days | 344.06 | near 1 |
Based on a normal probability distribution, the odds of Deere to drop to $ 344.06 or more in 90 days from now is near 1 (This Deere Company probability density function shows the probability of Deere Stock to fall within a particular range of prices over 90 days) . Probability of Deere Company price to stay between $ 344.06 and its current price of $446.65 at the end of the 90-day period is close to 99 .
Allowing for the 90-day total investment horizon Deere has a beta of 0.79 suggesting as returns on the market go up, Deere average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Deere Company will be expected to be much smaller as well. Additionally Deere Company has an alpha of 0.1709, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Deere Price Density |
| Price |
Predictive Modules for Deere
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deere Company. 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 Deere'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.
Deere Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Deere is not an exception. The market had few large corrections towards the Deere'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 Deere Company, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Deere within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 13.42 | |
Ir | Information ratio | 0.09 |
Deere 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 Deere for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Deere Company 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 80.0% of the company shares are held by institutions such as insurance companies | |
| On 8th of November 2024 Deere paid $ 1.47 per share dividend to its current shareholders | |
| Latest headline from investing.com: Deere shares target raised to 505 on strong earnings |
Deere 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 Deere Stock often depends not only on the future outlook of the current and potential Deere'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. Deere's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 293.6 M | |
| Cash And Short Term Investments | 8.4 B |
Deere Technical Analysis
Deere's future price can be derived by breaking down and analyzing its technical indicators over time. Deere Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Deere Company. In general, you should focus on analyzing Deere Stock price patterns and their correlations with different microeconomic environments and drivers.
Deere Predictive Forecast Models
Deere's time-series forecasting models is one of many Deere'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 Deere'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 Deere Company
Checking the ongoing alerts about Deere for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Deere Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| On 8th of November 2024 Deere paid $ 1.47 per share dividend to its current shareholders | |
| Latest headline from investing.com: Deere shares target raised to 505 on strong earnings |
Check out Deere Backtesting, Deere Valuation, Deere Correlation, Deere Hype Analysis, Deere Volatility, Deere History as well as Deere Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Agricultural & Farm Machinery 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 Deere. If investors know Deere 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 Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 25.64 | Revenue Per Share 200.394 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0786 |
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere'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 Deere's market value can be influenced by many factors that don't directly affect Deere'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 Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere'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.