DOMINION RES INC Odds of Future Bond Price Finishing Over 100.02
| 257469AJ5 | 102.30 1.75 1.74% |
DOMINION |
DOMINION Target Price Odds to finish over 100.02
The tendency of DOMINION 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 stay above 100.02 in 90 days |
| 102.30 | 90 days | 100.02 | about 86.4 |
Based on a normal probability distribution, the odds of DOMINION to stay above 100.02 in 90 days from now is about 86.4 (This DOMINION RES INC probability density function shows the probability of DOMINION Bond to fall within a particular range of prices over 90 days) . Probability of DOMINION RES INC price to stay between 100.02 and its current price of 102.3 at the end of the 90-day period is about 51.99 .
Assuming the 90 days trading horizon DOMINION has a beta of 0.11. This usually implies as returns on the market go up, DOMINION average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DOMINION RES INC will be expected to be much smaller as well. Additionally DOMINION RES 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. DOMINION Price Density |
| Price |
Predictive Modules for DOMINION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DOMINION RES 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.DOMINION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DOMINION is not an exception. The market had few large corrections towards the DOMINION'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 DOMINION RES INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DOMINION within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 1.52 | |
Ir | Information ratio | -0.25 |
DOMINION Technical Analysis
DOMINION's future price can be derived by breaking down and analyzing its technical indicators over time. DOMINION Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DOMINION RES INC. In general, you should focus on analyzing DOMINION Bond price patterns and their correlations with different microeconomic environments and drivers.
DOMINION Predictive Forecast Models
DOMINION's time-series forecasting models is one of many DOMINION'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 DOMINION'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 DOMINION 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, DOMINION's short interest history, or implied volatility extrapolated from DOMINION options trading.
Other Information on Investing in DOMINION Bond
DOMINION financial ratios help investors to determine whether DOMINION 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 DOMINION with respect to the benefits of owning DOMINION security.