Rightmove PLC (UK) Probability of Future Stock Price Finishing Under 680.62
| RMV Stock | 645.00 2.80 0.43% |
Rightmove |
Rightmove PLC Target Price Odds to finish below 680.62
The tendency of Rightmove 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 680.62 after 90 days |
| 645.00 | 90 days | 680.62 | under 95 |
Based on a normal probability distribution, the odds of Rightmove PLC to stay under 680.62 after 90 days from now is under 95 (This Rightmove PLC probability density function shows the probability of Rightmove Stock to fall within a particular range of prices over 90 days) . Probability of Rightmove PLC price to stay between its current price of 645.00 and 680.62 at the end of the 90-day period is about 28.29 .
Assuming the 90 days trading horizon Rightmove PLC has a beta of 0.29 indicating as returns on the market go up, Rightmove PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Rightmove PLC will be expected to be much smaller as well. Additionally Rightmove PLC has an alpha of 0.2512, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rightmove PLC Price Density |
| Price |
Predictive Modules for Rightmove PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rightmove PLC. 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.Rightmove PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rightmove PLC is not an exception. The market had few large corrections towards the Rightmove PLC'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 Rightmove PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rightmove PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 29.80 | |
Ir | Information ratio | 0.04 |
Rightmove PLC 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 Rightmove PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rightmove 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.| Rightmove PLC generated a negative expected return over the last 90 days | |
| Rightmove PLC is unlikely to experience financial distress in the next 2 years | |
| Over 100.0% of the company shares are owned by institutional investors | |
| On 25th of October 2024 Rightmove PLC paid 0.037 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Rightmove rises Thursday, still underperforms market - MarketWatch |
Rightmove PLC 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 Rightmove Stock often depends not only on the future outlook of the current and potential Rightmove PLC'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. Rightmove PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 815.3 M | |
| Cash And Short Term Investments | 38.9 M |
Rightmove PLC Technical Analysis
Rightmove PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Rightmove Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rightmove PLC. In general, you should focus on analyzing Rightmove Stock price patterns and their correlations with different microeconomic environments and drivers.
Rightmove PLC Predictive Forecast Models
Rightmove PLC's time-series forecasting models is one of many Rightmove PLC'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 Rightmove PLC'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 Rightmove PLC
Checking the ongoing alerts about Rightmove PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rightmove PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rightmove PLC generated a negative expected return over the last 90 days | |
| Rightmove PLC is unlikely to experience financial distress in the next 2 years | |
| Over 100.0% of the company shares are owned by institutional investors | |
| On 25th of October 2024 Rightmove PLC paid 0.037 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Rightmove rises Thursday, still underperforms market - MarketWatch |
Other Information on Investing in Rightmove Stock
Rightmove PLC financial ratios help investors to determine whether Rightmove 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 Rightmove with respect to the benefits of owning Rightmove PLC security.