Rex American Resources Stock Probability of Future Stock Price Finishing Over 44.63
| REX Stock | USD 44.63 0.82 1.80% |
REX |
REX American Target Price Odds to finish over 44.63
The tendency of REX 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 above the current price in 90 days |
| 44.63 | 90 days | 44.63 | about 69.38 |
Based on a normal probability distribution, the odds of REX American to move above the current price in 90 days from now is about 69.38 (This REX American Resources probability density function shows the probability of REX Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.33 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, REX American will likely underperform. Additionally REX American Resources 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. REX American Price Density |
| Price |
Predictive Modules for REX American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as REX American Resources. 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 REX American'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.
REX American Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. REX American is not an exception. The market had few large corrections towards the REX American'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 REX American Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of REX American within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 1.33 | |
σ | Overall volatility | 1.52 | |
Ir | Information ratio | -0.1 |
REX American 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 REX American for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for REX American Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: REX American Resources to Report Fiscal Q3 2024 Results and Host a Conference Call and Webcast on December 3, 2024 |
REX American 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 REX Stock often depends not only on the future outlook of the current and potential REX American'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. REX American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.6 M | |
| Cash And Short Term Investments | 378.7 M |
REX American Technical Analysis
REX American's future price can be derived by breaking down and analyzing its technical indicators over time. REX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of REX American Resources. In general, you should focus on analyzing REX Stock price patterns and their correlations with different microeconomic environments and drivers.
REX American Predictive Forecast Models
REX American's time-series forecasting models is one of many REX American'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 REX American'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 REX American Resources
Checking the ongoing alerts about REX American for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for REX American Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: REX American Resources to Report Fiscal Q3 2024 Results and Host a Conference Call and Webcast on December 3, 2024 |
Additional Tools for REX Stock Analysis
When running REX American's price analysis, check to measure REX American'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 REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to predict the probability of REX American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX American's price. Additionally, you may evaluate how the addition of REX American to your portfolios can decrease your overall portfolio volatility.