Triton International Limited Preferred Stock Probability of Future Preferred Stock Price Finishing Under 25.42
TRTN-PA Preferred Stock | USD 25.71 0.02 0.08% |
Triton |
Triton International Target Price Odds to finish below 25.42
The tendency of Triton Preferred 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 $ 25.42 or more in 90 days |
25.71 | 90 days | 25.42 | near 1 |
Based on a normal probability distribution, the odds of Triton International to drop to $ 25.42 or more in 90 days from now is near 1 (This Triton International Limited probability density function shows the probability of Triton Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Triton International price to stay between $ 25.42 and its current price of $25.71 at the end of the 90-day period is about 11.22 .
Assuming the 90 days trading horizon Triton International Limited has a beta of -0.0459. This usually implies as returns on the benchmark increase, returns on holding Triton International are expected to decrease at a much lower rate. During a bear market, however, Triton International Limited is likely to outperform the market. Additionally Triton International Limited 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. Triton International Price Density |
Price |
Predictive Modules for Triton International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Triton International. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Triton International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Triton International is not an exception. The market had few large corrections towards the Triton International'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 Triton International Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Triton International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.009 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.29 |
Triton International 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 Triton International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Triton International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Triton International generated a negative expected return over the last 90 days |
Triton International 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 Triton Preferred Stock often depends not only on the future outlook of the current and potential Triton International'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. Triton International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 90.8 M | |
Cash And Short Term Investments | 1.7 B |
Triton International Technical Analysis
Triton International's future price can be derived by breaking down and analyzing its technical indicators over time. Triton Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Triton International Limited. In general, you should focus on analyzing Triton Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Triton International Predictive Forecast Models
Triton International's time-series forecasting models is one of many Triton International's preferred 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 Triton International'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 preferred stock market movement and maximize returns from investment trading.
Things to note about Triton International
Checking the ongoing alerts about Triton International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Triton International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Triton International generated a negative expected return over the last 90 days |
Other Information on Investing in Triton Preferred Stock
Triton International financial ratios help investors to determine whether Triton Preferred 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 Triton with respect to the benefits of owning Triton International security.