Del Monte (Philippines) Probability of Future Stock Price Finishing Over 3.52
| DELM Stock | 3.88 0.17 4.58% |
Del |
Del Monte Target Price Odds to finish over 3.52
The tendency of Del 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 3.52 in 90 days |
| 3.88 | 90 days | 3.52 | close to 99 |
Based on a normal probability distribution, the odds of Del Monte to stay above 3.52 in 90 days from now is close to 99 (This Del Monte Pacific probability density function shows the probability of Del Stock to fall within a particular range of prices over 90 days) . Probability of Del Monte Pacific price to stay between 3.52 and its current price of 3.88 at the end of the 90-day period is about 8.77 .
Assuming the 90 days trading horizon Del Monte Pacific has a beta of -0.15 suggesting as returns on the benchmark increase, returns on holding Del Monte are expected to decrease at a much lower rate. During a bear market, however, Del Monte Pacific is likely to outperform the market. Additionally Del Monte Pacific 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. Del Monte Price Density |
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Predictive Modules for Del Monte
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Del Monte Pacific. 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.Del Monte Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Del Monte is not an exception. The market had few large corrections towards the Del Monte'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 Del Monte Pacific, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Del Monte within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.07 |
Del Monte 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 Del Monte for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Del Monte Pacific can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Del Monte Pacific generated a negative expected return over the last 90 days | |
| Del Monte Pacific has high historical volatility and very poor performance |
Del Monte 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 Del Stock often depends not only on the future outlook of the current and potential Del Monte'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. Del Monte's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 49.8 M | |
| Cash And Short Term Investments | 29.4 M | |
| Short Long Term Debt Total | 1.1 B |
Del Monte Technical Analysis
Del Monte's future price can be derived by breaking down and analyzing its technical indicators over time. Del Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Del Monte Pacific. In general, you should focus on analyzing Del Stock price patterns and their correlations with different microeconomic environments and drivers.
Del Monte Predictive Forecast Models
Del Monte's time-series forecasting models is one of many Del Monte'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 Del Monte'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 Del Monte Pacific
Checking the ongoing alerts about Del Monte for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Del Monte Pacific help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Del Monte Pacific generated a negative expected return over the last 90 days | |
| Del Monte Pacific has high historical volatility and very poor performance |
Additional Tools for Del Stock Analysis
When running Del Monte's price analysis, check to measure Del Monte'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 Del Monte is operating at the current time. Most of Del Monte's value examination focuses on studying past and present price action to predict the probability of Del Monte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Del Monte's price. Additionally, you may evaluate how the addition of Del Monte to your portfolios can decrease your overall portfolio volatility.