Ichor Holdings Stock Probability of Future Stock Price Finishing Under 31.38
| ICHR Stock | USD 34.37 1.02 3.06% |
Ichor |
Ichor Holdings Target Price Odds to finish below 31.38
The tendency of Ichor 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 $ 31.38 or more in 90 days |
| 34.37 | 90 days | 31.38 | about 81.91 |
Based on a normal probability distribution, the odds of Ichor Holdings to drop to $ 31.38 or more in 90 days from now is about 81.91 (This Ichor Holdings probability density function shows the probability of Ichor Stock to fall within a particular range of prices over 90 days) . Probability of Ichor Holdings price to stay between $ 31.38 and its current price of $34.37 at the end of the 90-day period is about 17.27 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.25 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ichor Holdings will likely underperform. Additionally Ichor Holdings 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. Ichor Holdings Price Density |
| Price |
Predictive Modules for Ichor Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ichor Holdings. 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.Ichor Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ichor Holdings is not an exception. The market had few large corrections towards the Ichor Holdings' 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 Ichor Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ichor Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 2.25 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | 0.02 |
Ichor Holdings 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 Ichor Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ichor Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ichor Holdings had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 811.12 M. Net Loss for the year was (42.98 M) with profit before overhead, payroll, taxes, and interest of 214.36 M. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Mackenzie Iain of 5635 shares of Ichor Holdings subject to Rule 16b-3 |
Ichor Holdings 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 Ichor Stock often depends not only on the future outlook of the current and potential Ichor Holdings' 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. Ichor Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.2 M | |
| Cash And Short Term Investments | 80 M |
Ichor Holdings Technical Analysis
Ichor Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Ichor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ichor Holdings. In general, you should focus on analyzing Ichor Stock price patterns and their correlations with different microeconomic environments and drivers.
Ichor Holdings Predictive Forecast Models
Ichor Holdings' time-series forecasting models is one of many Ichor Holdings' 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 Ichor Holdings' 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 Ichor Holdings
Checking the ongoing alerts about Ichor Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ichor Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ichor Holdings had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 811.12 M. Net Loss for the year was (42.98 M) with profit before overhead, payroll, taxes, and interest of 214.36 M. | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Mackenzie Iain of 5635 shares of Ichor Holdings subject to Rule 16b-3 |
Additional Tools for Ichor Stock Analysis
When running Ichor Holdings' price analysis, check to measure Ichor Holdings' 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 Ichor Holdings is operating at the current time. Most of Ichor Holdings' value examination focuses on studying past and present price action to predict the probability of Ichor Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ichor Holdings' price. Additionally, you may evaluate how the addition of Ichor Holdings to your portfolios can decrease your overall portfolio volatility.