Fortescue Metals Group Stock Probability of Future OTC Stock Price Finishing Over 32.15
| FSUGY Stock | USD 24.24 0.57 2.41% |
Fortescue |
Fortescue Metals Target Price Odds to finish over 32.15
The tendency of Fortescue OTC 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 move over $ 32.15 or more in 90 days |
| 24.24 | 90 days | 32.15 | near 1 |
Based on a normal probability distribution, the odds of Fortescue Metals to move over $ 32.15 or more in 90 days from now is near 1 (This Fortescue Metals Group probability density function shows the probability of Fortescue OTC Stock to fall within a particular range of prices over 90 days) . Probability of Fortescue Metals price to stay between its current price of $ 24.24 and $ 32.15 at the end of the 90-day period is about 62.0 .
Assuming the 90 days horizon Fortescue Metals has a beta of 0.5. This usually indicates as returns on the market go up, Fortescue Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fortescue Metals Group will be expected to be much smaller as well. Additionally Fortescue Metals 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. Fortescue Metals Price Density |
| Price |
Predictive Modules for Fortescue Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortescue Metals. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Fortescue Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortescue Metals is not an exception. The market had few large corrections towards the Fortescue Metals' 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 Fortescue Metals Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortescue Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 1.80 | |
Ir | Information ratio | -0.04 |
Fortescue Metals 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 Fortescue OTC Stock often depends not only on the future outlook of the current and potential Fortescue Metals' 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. Fortescue Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 B |
Fortescue Metals Technical Analysis
Fortescue Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Fortescue OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortescue Metals Group. In general, you should focus on analyzing Fortescue OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Fortescue Metals Predictive Forecast Models
Fortescue Metals' time-series forecasting models is one of many Fortescue Metals' otc 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 Fortescue Metals' 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 otc stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortescue Metals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortescue Metals' short interest history, or implied volatility extrapolated from Fortescue Metals options trading.
Additional Tools for Fortescue OTC Stock Analysis
When running Fortescue Metals' price analysis, check to measure Fortescue Metals' 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 Fortescue Metals is operating at the current time. Most of Fortescue Metals' value examination focuses on studying past and present price action to predict the probability of Fortescue Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortescue Metals' price. Additionally, you may evaluate how the addition of Fortescue Metals to your portfolios can decrease your overall portfolio volatility.