Tractor Supply (Germany) Probability of Future Stock Price Finishing Under 49.11

TR4 Stock  EUR 51.40  0.37  0.73%   
Tractor Supply's future price is the expected price of Tractor Supply instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Tractor Supply performance during a given time horizon utilizing its historical volatility. Check out Tractor Supply Backtesting, Tractor Supply Valuation, Tractor Supply Correlation, Tractor Supply Hype Analysis, Tractor Supply Volatility, Tractor Supply History as well as Tractor Supply Performance.
For more detail on how to invest in Tractor Stock please use our How to Invest in Tractor Supply guide.
  
Please specify Tractor Supply's target price for which you would like Tractor Supply odds to be computed.

Tractor Supply Target Price Odds to finish below 49.11

The tendency of Tractor 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 PriceHorizonTarget PriceOdds to drop to € 49.11  or more in 90 days
 51.40 90 days 49.11 
about 9.62
Based on a normal probability distribution, the odds of Tractor Supply to drop to € 49.11  or more in 90 days from now is about 9.62 (This Tractor Supply probability density function shows the probability of Tractor Stock to fall within a particular range of prices over 90 days) . Probability of Tractor Supply price to stay between € 49.11  and its current price of €51.4 at the end of the 90-day period is about 32.29 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.19 . 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, Tractor Supply will likely underperform. Additionally Tractor Supply has an alpha of 0.0915, implying that it can generate a 0.0915 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Tractor Supply Price Density   
       Price  

Predictive Modules for Tractor Supply

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tractor Supply. 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.
Hype
Prediction
LowEstimatedHigh
49.6151.4053.19
Details
Intrinsic
Valuation
LowRealHigh
49.6151.4053.19
Details

Tractor Supply Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Tractor Supply is not an exception. The market had few large corrections towards the Tractor Supply'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 Tractor Supply, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tractor Supply within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.09
β
Beta against Dow Jones1.19
σ
Overall volatility
2.09
Ir
Information ratio 0.05

Tractor Supply 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 Tractor Supply for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tractor Supply can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Tractor Supply has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 88.0% of the company shares are owned by institutional investors

Tractor Supply 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 Tractor Stock often depends not only on the future outlook of the current and potential Tractor Supply'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. Tractor Supply's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding110.3 M

Tractor Supply Technical Analysis

Tractor Supply's future price can be derived by breaking down and analyzing its technical indicators over time. Tractor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tractor Supply. In general, you should focus on analyzing Tractor Stock price patterns and their correlations with different microeconomic environments and drivers.

Tractor Supply Predictive Forecast Models

Tractor Supply's time-series forecasting models is one of many Tractor Supply'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 Tractor Supply'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 Tractor Supply

Checking the ongoing alerts about Tractor Supply for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tractor Supply help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Tractor Supply has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 88.0% of the company shares are owned by institutional investors

Additional Information and Resources on Investing in Tractor Stock

When determining whether Tractor Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tractor Supply'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 Tractor Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tractor Supply Stock:
Check out Tractor Supply Backtesting, Tractor Supply Valuation, Tractor Supply Correlation, Tractor Supply Hype Analysis, Tractor Supply Volatility, Tractor Supply History as well as Tractor Supply Performance.
For more detail on how to invest in Tractor Stock please use our How to Invest in Tractor Supply guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.