CONSTELLATION BRANDS INC Probability of Future Bond Price Finishing Over 86.77
| 21036PBD9 | 85.82 8.12 8.64% |
CONSTELLATION |
CONSTELLATION Target Price Odds to finish over 86.77
The tendency of CONSTELLATION 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 move over 86.77 or more in 90 days |
| 85.82 | 90 days | 86.77 | close to 99 |
Based on a normal probability distribution, the odds of CONSTELLATION to move over 86.77 or more in 90 days from now is close to 99 (This CONSTELLATION BRANDS INC probability density function shows the probability of CONSTELLATION Bond to fall within a particular range of prices over 90 days) . Probability of CONSTELLATION BRANDS INC price to stay between its current price of 85.82 and 86.77 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon CONSTELLATION BRANDS INC has a beta of -0.32. This usually implies as returns on the benchmark increase, returns on holding CONSTELLATION are expected to decrease at a much lower rate. During a bear market, however, CONSTELLATION BRANDS INC is likely to outperform the market. Additionally CONSTELLATION BRANDS INC 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. CONSTELLATION Price Density |
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Predictive Modules for CONSTELLATION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CONSTELLATION BRANDS INC. 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.CONSTELLATION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CONSTELLATION is not an exception. The market had few large corrections towards the CONSTELLATION'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 CONSTELLATION BRANDS INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CONSTELLATION within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 2.55 | |
Ir | Information ratio | -0.15 |
CONSTELLATION Technical Analysis
CONSTELLATION's future price can be derived by breaking down and analyzing its technical indicators over time. CONSTELLATION Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CONSTELLATION BRANDS INC. In general, you should focus on analyzing CONSTELLATION Bond price patterns and their correlations with different microeconomic environments and drivers.
CONSTELLATION Predictive Forecast Models
CONSTELLATION's time-series forecasting models is one of many CONSTELLATION'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 CONSTELLATION'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CONSTELLATION in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CONSTELLATION's short interest history, or implied volatility extrapolated from CONSTELLATION options trading.
Other Information on Investing in CONSTELLATION Bond
CONSTELLATION financial ratios help investors to determine whether CONSTELLATION 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 CONSTELLATION with respect to the benefits of owning CONSTELLATION security.