Interrent Real Estate Stock Probability of Future Stock Price Finishing Under 10.98
| IIP-UN Stock | CAD 10.60 0.38 3.46% |
InterRent |
InterRent Real Target Price Odds to finish below 10.98
The tendency of InterRent 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 under C$ 10.98 after 90 days |
| 10.60 | 90 days | 10.98 | about 7.96 |
Based on a normal probability distribution, the odds of InterRent Real to stay under C$ 10.98 after 90 days from now is about 7.96 (This InterRent Real Estate probability density function shows the probability of InterRent Stock to fall within a particular range of prices over 90 days) . Probability of InterRent Real Estate price to stay between its current price of C$ 10.60 and C$ 10.98 at the end of the 90-day period is about 5.14 .
Assuming the 90 days trading horizon InterRent Real Estate has a beta of -0.21. This usually indicates as returns on the benchmark increase, returns on holding InterRent Real are expected to decrease at a much lower rate. During a bear market, however, InterRent Real Estate is likely to outperform the market. Additionally InterRent Real Estate 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. InterRent Real Price Density |
| Price |
Predictive Modules for InterRent Real
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as InterRent Real Estate. 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 InterRent Real'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.
InterRent Real Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. InterRent Real is not an exception. The market had few large corrections towards the InterRent Real'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 InterRent Real Estate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of InterRent Real within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | -0.26 |
InterRent Real 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 InterRent Real for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for InterRent Real Estate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| InterRent Real generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: InterRent Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
InterRent Real 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 InterRent Stock often depends not only on the future outlook of the current and potential InterRent Real'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. InterRent Real's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 146.2 M | |
| Cash And Short Term Investments | 2.5 M |
InterRent Real Technical Analysis
InterRent Real's future price can be derived by breaking down and analyzing its technical indicators over time. InterRent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of InterRent Real Estate. In general, you should focus on analyzing InterRent Stock price patterns and their correlations with different microeconomic environments and drivers.
InterRent Real Predictive Forecast Models
InterRent Real's time-series forecasting models is one of many InterRent Real'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 InterRent Real'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 InterRent Real Estate
Checking the ongoing alerts about InterRent Real for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for InterRent Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| InterRent Real generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: InterRent Real Estate Investment Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Other Information on Investing in InterRent Stock
InterRent Real financial ratios help investors to determine whether InterRent Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in InterRent with respect to the benefits of owning InterRent Real security.