Phillips (Brazil) Odds of Future Stock Price Finishing Under 365.9
| P1SX34 Stock | BRL 374.90 13.48 3.47% |
Phillips |
Phillips Target Price Odds to finish below 365.9
The tendency of Phillips 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 R$ 365.90 or more in 90 days |
| 374.90 | 90 days | 365.90 | about 38.7 |
Based on a normal probability distribution, the odds of Phillips to drop to R$ 365.90 or more in 90 days from now is about 38.7 (This Phillips 66 probability density function shows the probability of Phillips Stock to fall within a particular range of prices over 90 days) . Probability of Phillips 66 price to stay between R$ 365.90 and its current price of R$374.9 at the end of the 90-day period is about 26.26 .
Assuming the 90 days trading horizon Phillips 66 has a beta of -0.28 indicating as returns on the benchmark increase, returns on holding Phillips are expected to decrease at a much lower rate. During a bear market, however, Phillips 66 is likely to outperform the market. Additionally Phillips 66 has an alpha of 0.0922, implying that it can generate a 0.0922 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Phillips Price Density |
| Price |
Predictive Modules for Phillips
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phillips 66. 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.Phillips Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phillips is not an exception. The market had few large corrections towards the Phillips' 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 Phillips 66, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phillips within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 13.40 | |
Ir | Information ratio | -0.02 |
Phillips 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 Phillips Stock often depends not only on the future outlook of the current and potential Phillips' 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. Phillips' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 438.3 M |
Phillips Technical Analysis
Phillips' future price can be derived by breaking down and analyzing its technical indicators over time. Phillips Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phillips 66. In general, you should focus on analyzing Phillips Stock price patterns and their correlations with different microeconomic environments and drivers.
Phillips Predictive Forecast Models
Phillips' time-series forecasting models is one of many Phillips' 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 Phillips' 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.
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 Phillips 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, Phillips' short interest history, or implied volatility extrapolated from Phillips options trading.
Additional Information and Resources on Investing in Phillips Stock
When determining whether Phillips 66 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phillips' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phillips 66 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phillips 66 Stock:Check out Phillips Backtesting, Phillips Valuation, Phillips Correlation, Phillips Hype Analysis, Phillips Volatility, Phillips History as well as Phillips Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.