Teradyne (Germany) Odds of Future Stock Price Finishing Over 115.38
| TEY Stock | EUR 105.50 4.24 4.19% |
Teradyne |
Teradyne Target Price Odds to finish over 115.38
The tendency of Teradyne 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 over € 115.38 or more in 90 days |
| 105.50 | 90 days | 115.38 | about 26.15 |
Based on a normal probability distribution, the odds of Teradyne to move over € 115.38 or more in 90 days from now is about 26.15 (This Teradyne probability density function shows the probability of Teradyne Stock to fall within a particular range of prices over 90 days) . Probability of Teradyne price to stay between its current price of € 105.50 and € 115.38 at the end of the 90-day period is about 43.82 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.1 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Teradyne will likely underperform. Additionally Teradyne 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. Teradyne Price Density |
| Price |
Predictive Modules for Teradyne
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Teradyne. 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.Teradyne Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Teradyne is not an exception. The market had few large corrections towards the Teradyne'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 Teradyne, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Teradyne within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 2.10 | |
σ | Overall volatility | 8.50 | |
Ir | Information ratio | -0.11 |
Teradyne 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 Teradyne for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Teradyne can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Teradyne generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors |
Teradyne 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 Teradyne Stock often depends not only on the future outlook of the current and potential Teradyne'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. Teradyne's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 155.8 M |
Teradyne Technical Analysis
Teradyne's future price can be derived by breaking down and analyzing its technical indicators over time. Teradyne Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Teradyne. In general, you should focus on analyzing Teradyne Stock price patterns and their correlations with different microeconomic environments and drivers.
Teradyne Predictive Forecast Models
Teradyne's time-series forecasting models is one of many Teradyne'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 Teradyne'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 Teradyne
Checking the ongoing alerts about Teradyne for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Teradyne help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Teradyne generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Teradyne Stock
When determining whether Teradyne is a strong investment it is important to analyze Teradyne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Teradyne's future performance. For an informed investment choice regarding Teradyne Stock, refer to the following important reports:Check out Teradyne Backtesting, Teradyne Valuation, Teradyne Correlation, Teradyne Hype Analysis, Teradyne Volatility, Teradyne History as well as Teradyne Performance. For more detail on how to invest in Teradyne Stock please use our How to Invest in Teradyne guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.