Trinity Industries Stock Probability of Future Stock Price Finishing Over 38.04
| TRN Stock | USD 37.47 0.21 0.56% |
Closest to current price Trinity long CALL Option Payoff at Expiration
Trinity |
Trinity Industries Target Price Odds to finish over 38.04
The tendency of Trinity 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 $ 38.04 or more in 90 days |
| 37.47 | 90 days | 38.04 | about 5.2 |
Based on a normal probability distribution, the odds of Trinity Industries to move over $ 38.04 or more in 90 days from now is about 5.2 (This Trinity Industries probability density function shows the probability of Trinity Stock to fall within a particular range of prices over 90 days) . Probability of Trinity Industries price to stay between its current price of $ 37.47 and $ 38.04 at the end of the 90-day period is under 4.
Considering the 90-day investment horizon the stock has the beta coefficient of 1.73 . 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, Trinity Industries will likely underperform. Additionally Trinity Industries has an alpha of 0.0419, implying that it can generate a 0.0419 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Trinity Industries Price Density |
| Price |
Predictive Modules for Trinity Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trinity Industries. 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.Trinity Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trinity Industries is not an exception. The market had few large corrections towards the Trinity Industries' 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 Trinity Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trinity Industries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.73 | |
σ | Overall volatility | 2.19 | |
Ir | Information ratio | 0.06 |
Trinity Industries 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 Trinity Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trinity Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trinity Industries has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of the company shares are owned by institutional investors | |
| On 31st of October 2024 Trinity Industries paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Three Reasons Why TRN is Risky and One Stock to Buy Instead |
Trinity Industries 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 Trinity Stock often depends not only on the future outlook of the current and potential Trinity Industries' 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. Trinity Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.4 M | |
| Cash And Short Term Investments | 105.7 M |
Trinity Industries Technical Analysis
Trinity Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Trinity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trinity Industries. In general, you should focus on analyzing Trinity Stock price patterns and their correlations with different microeconomic environments and drivers.
Trinity Industries Predictive Forecast Models
Trinity Industries' time-series forecasting models is one of many Trinity Industries' 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 Trinity Industries' 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 Trinity Industries
Checking the ongoing alerts about Trinity Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trinity Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trinity Industries has a frail financial position based on the latest SEC disclosures | |
| Over 88.0% of the company shares are owned by institutional investors | |
| On 31st of October 2024 Trinity Industries paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Three Reasons Why TRN is Risky and One Stock to Buy Instead |
Check out Trinity Industries Backtesting, Trinity Industries Valuation, Trinity Industries Correlation, Trinity Industries Hype Analysis, Trinity Industries Volatility, Trinity Industries History as well as Trinity Industries Performance. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Industries guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Industries. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinity Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.463 | Dividend Share 1.12 | Earnings Share 2.25 | Revenue Per Share 39.739 | Quarterly Revenue Growth (0.03) |
The market value of Trinity Industries is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Industries' value that differs from its market value or its book value, called intrinsic value, which is Trinity Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Industries' market value can be influenced by many factors that don't directly affect Trinity Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinity Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Industries' 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.