ABBOTT LABORATORIES 615 Chance of Future Bond Price Finishing Under 110.52
| 002819AC4 | 111.07 1.37 1.25% |
ABBOTT |
ABBOTT Target Price Odds to finish below 110.52
The tendency of ABBOTT Bond 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 110.52 or more in 90 days |
| 111.07 | 90 days | 110.52 | about 16.81 |
Based on a normal probability distribution, the odds of ABBOTT to drop to 110.52 or more in 90 days from now is about 16.81 (This ABBOTT LABORATORIES 615 probability density function shows the probability of ABBOTT Bond to fall within a particular range of prices over 90 days) . Probability of ABBOTT LABORATORIES 615 price to stay between 110.52 and its current price of 111.07 at the end of the 90-day period is about 5.34 .
Assuming the 90 days trading horizon ABBOTT LABORATORIES 615 has a beta of -0.14. This usually implies as returns on the benchmark increase, returns on holding ABBOTT are expected to decrease at a much lower rate. During a bear market, however, ABBOTT LABORATORIES 615 is likely to outperform the market. Additionally ABBOTT LABORATORIES 615 has an alpha of 2.0E-4, implying that it can generate a 2.17E-4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ABBOTT Price Density |
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Predictive Modules for ABBOTT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABBOTT LABORATORIES 615. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.ABBOTT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABBOTT is not an exception. The market had few large corrections towards the ABBOTT'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 ABBOTT LABORATORIES 615, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABBOTT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.0002 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 2.85 | |
Ir | Information ratio | -0.1 |
ABBOTT 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 ABBOTT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABBOTT LABORATORIES 615 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ABBOTT generated a negative expected return over the last 90 days |
ABBOTT Technical Analysis
ABBOTT's future price can be derived by breaking down and analyzing its technical indicators over time. ABBOTT Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ABBOTT LABORATORIES 615. In general, you should focus on analyzing ABBOTT Bond price patterns and their correlations with different microeconomic environments and drivers.
ABBOTT Predictive Forecast Models
ABBOTT's time-series forecasting models is one of many ABBOTT's bond 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 ABBOTT'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 bond market movement and maximize returns from investment trading.
Things to note about ABBOTT LABORATORIES 615
Checking the ongoing alerts about ABBOTT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABBOTT LABORATORIES 615 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ABBOTT generated a negative expected return over the last 90 days |
Other Information on Investing in ABBOTT Bond
ABBOTT financial ratios help investors to determine whether ABBOTT Bond 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 ABBOTT with respect to the benefits of owning ABBOTT security.