Tractor Supply (Germany) Probability of Future Stock Price Finishing Over 51.72
| TR4 Stock | EUR 51.40 0.37 0.73% |
Tractor |
Tractor Supply Target Price Odds to finish over 51.72
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 Price | Horizon | Target Price | Odds to move over € 51.72 or more in 90 days |
| 51.40 | 90 days | 51.72 | about 64.4 |
Based on a normal probability distribution, the odds of Tractor Supply to move over € 51.72 or more in 90 days from now is about 64.4 (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 its current price of € 51.40 and € 51.72 at the end of the 90-day period is about 5.91 .
Assuming the 90 days horizon Tractor Supply has a beta of 0.61. This usually implies as returns on the market go up, Tractor Supply average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tractor Supply will be expected to be much smaller as well. Additionally Tractor Supply has an alpha of 0.0786, implying that it can generate a 0.0786 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.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 | 0.08 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | 0.04 |
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 Outstanding | 110.3 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.