RTX AS (Denmark) Chance of Future Stock Price Finishing Under 70.13
| RTX Stock | DKK 70.40 0.40 0.57% |
RTX |
RTX AS Target Price Odds to finish below 70.13
The tendency of RTX 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 kr 70.13 or more in 90 days |
| 70.40 | 90 days | 70.13 | nearly 4.16 |
Based on a normal probability distribution, the odds of RTX AS to drop to kr 70.13 or more in 90 days from now is nearly 4.16 (This RTX AS probability density function shows the probability of RTX Stock to fall within a particular range of prices over 90 days) . Probability of RTX AS price to stay between kr 70.13 and its current price of kr70.4 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon RTX AS has a beta of -0.12 indicating as returns on the benchmark increase, returns on holding RTX AS are expected to decrease at a much lower rate. During a bear market, however, RTX AS is likely to outperform the market. Additionally RTX AS 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. RTX AS Price Density |
| Price |
Predictive Modules for RTX AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RTX AS. 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.RTX AS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RTX AS is not an exception. The market had few large corrections towards the RTX AS'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 RTX AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RTX AS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 4.36 | |
Ir | Information ratio | -0.24 |
RTX AS 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 RTX AS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RTX AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RTX AS generated a negative expected return over the last 90 days | |
| RTX AS has accumulated about 171.12 M in cash with (28 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.99. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
RTX AS 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 RTX Stock often depends not only on the future outlook of the current and potential RTX AS'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. RTX AS's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.2 M |
RTX AS Technical Analysis
RTX AS's future price can be derived by breaking down and analyzing its technical indicators over time. RTX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RTX AS. In general, you should focus on analyzing RTX Stock price patterns and their correlations with different microeconomic environments and drivers.
RTX AS Predictive Forecast Models
RTX AS's time-series forecasting models is one of many RTX AS'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 RTX AS'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 RTX AS
Checking the ongoing alerts about RTX AS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RTX AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RTX AS generated a negative expected return over the last 90 days | |
| RTX AS has accumulated about 171.12 M in cash with (28 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.99. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in RTX Stock
RTX AS financial ratios help investors to determine whether RTX 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 RTX with respect to the benefits of owning RTX AS security.