Rentokil Initial Plc Stock Probability of Future Pink Sheet Price Finishing Over 8.91
| RKLIF Stock | USD 5.20 0.30 6.12% |
Rentokil |
Rentokil Initial Target Price Odds to finish over 8.91
The tendency of Rentokil Pink Sheet 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 over $ 8.91 or more in 90 days |
| 5.20 | 90 days | 8.91 | near 1 |
Based on a normal probability distribution, the odds of Rentokil Initial to move over $ 8.91 or more in 90 days from now is near 1 (This Rentokil Initial plc probability density function shows the probability of Rentokil Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Rentokil Initial plc price to stay between its current price of $ 5.20 and $ 8.91 at the end of the 90-day period is about 35.31 .
Assuming the 90 days horizon Rentokil Initial has a beta of 0.13 indicating as returns on the market go up, Rentokil Initial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rentokil Initial plc will be expected to be much smaller as well. Additionally Rentokil Initial plc 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. Rentokil Initial Price Density |
| Price |
Predictive Modules for Rentokil Initial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rentokil Initial plc. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Rentokil Initial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rentokil Initial is not an exception. The market had few large corrections towards the Rentokil Initial'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 Rentokil Initial plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rentokil Initial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.05 |
Rentokil Initial 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 Rentokil Initial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rentokil Initial plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rentokil Initial plc generated a negative expected return over the last 90 days | |
| Rentokil Initial plc has high historical volatility and very poor performance | |
| Over 76.0% of the company shares are owned by institutional investors |
Rentokil Initial 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 Rentokil Pink Sheet often depends not only on the future outlook of the current and potential Rentokil Initial'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. Rentokil Initial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B |
Rentokil Initial Technical Analysis
Rentokil Initial's future price can be derived by breaking down and analyzing its technical indicators over time. Rentokil Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rentokil Initial plc. In general, you should focus on analyzing Rentokil Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Rentokil Initial Predictive Forecast Models
Rentokil Initial's time-series forecasting models is one of many Rentokil Initial's pink sheet 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 Rentokil Initial'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Rentokil Initial plc
Checking the ongoing alerts about Rentokil Initial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rentokil Initial plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rentokil Initial plc generated a negative expected return over the last 90 days | |
| Rentokil Initial plc has high historical volatility and very poor performance | |
| Over 76.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Rentokil Pink Sheet
When determining whether Rentokil Initial plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rentokil Initial's 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 Rentokil Initial Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rentokil Initial Plc Stock:Check out Rentokil Initial Backtesting, Rentokil Initial Valuation, Rentokil Initial Correlation, Rentokil Initial Hype Analysis, Rentokil Initial Volatility, Rentokil Initial History as well as Rentokil Initial Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.