Frontdoor Stock Probability of Future Stock Price Finishing Under 42.56
| FTDR Stock | USD 58.62 1.18 2.05% |
Frontdoor |
Frontdoor Target Price Odds to finish below 42.56
The tendency of Frontdoor 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 $ 42.56 or more in 90 days |
| 58.62 | 90 days | 42.56 | near 1 |
Based on a normal probability distribution, the odds of Frontdoor to drop to $ 42.56 or more in 90 days from now is near 1 (This Frontdoor probability density function shows the probability of Frontdoor Stock to fall within a particular range of prices over 90 days) . Probability of Frontdoor price to stay between $ 42.56 and its current price of $58.62 at the end of the 90-day period is about 98.0 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.05 . This usually indicates Frontdoor market returns are sensible to returns on the market. As the market goes up or down, Frontdoor is expected to follow. Additionally Frontdoor has an alpha of 0.1673, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Frontdoor Price Density |
| Price |
Predictive Modules for Frontdoor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Frontdoor. 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 Frontdoor'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.
Frontdoor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Frontdoor is not an exception. The market had few large corrections towards the Frontdoor'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 Frontdoor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Frontdoor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 3.32 | |
Ir | Information ratio | 0.09 |
Frontdoor 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 Frontdoor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Frontdoor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Frontdoor currently holds 610 M in liabilities. Frontdoor has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Frontdoor's use of debt, we should always consider it together with its cash and equity. | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Royce Associates LP Reduces Holdings in Frontdoor, Inc. |
Frontdoor 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 Frontdoor Stock often depends not only on the future outlook of the current and potential Frontdoor'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. Frontdoor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.9 M | |
| Cash And Short Term Investments | 325 M |
Frontdoor Technical Analysis
Frontdoor's future price can be derived by breaking down and analyzing its technical indicators over time. Frontdoor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Frontdoor. In general, you should focus on analyzing Frontdoor Stock price patterns and their correlations with different microeconomic environments and drivers.
Frontdoor Predictive Forecast Models
Frontdoor's time-series forecasting models is one of many Frontdoor'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 Frontdoor'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 Frontdoor
Checking the ongoing alerts about Frontdoor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Frontdoor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Frontdoor currently holds 610 M in liabilities. Frontdoor has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Frontdoor's use of debt, we should always consider it together with its cash and equity. | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Royce Associates LP Reduces Holdings in Frontdoor, Inc. |
Additional Tools for Frontdoor Stock Analysis
When running Frontdoor's price analysis, check to measure Frontdoor'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 Frontdoor is operating at the current time. Most of Frontdoor's value examination focuses on studying past and present price action to predict the probability of Frontdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontdoor's price. Additionally, you may evaluate how the addition of Frontdoor to your portfolios can decrease your overall portfolio volatility.