ECOPETROL S A Probability of Future Bond Price Finishing Under 76.15
| 279158AJ8 | 71.47 0.52 0.72% |
279158AJ8 |
279158AJ8 Target Price Odds to finish below 76.15
The tendency of 279158AJ8 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 under 76.15 after 90 days |
| 71.47 | 90 days | 76.15 | about 92.91 |
Based on a normal probability distribution, the odds of 279158AJ8 to stay under 76.15 after 90 days from now is about 92.91 (This ECOPETROL S A probability density function shows the probability of 279158AJ8 Bond to fall within a particular range of prices over 90 days) . Probability of ECOPETROL S A price to stay between its current price of 71.47 and 76.15 at the end of the 90-day period is about 70.05 .
Assuming the 90 days trading horizon 279158AJ8 has a beta of 0.23. This usually implies as returns on the market go up, 279158AJ8 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ECOPETROL S A will be expected to be much smaller as well. Additionally ECOPETROL S A 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. 279158AJ8 Price Density |
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Predictive Modules for 279158AJ8
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ECOPETROL S A. 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.279158AJ8 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 279158AJ8 is not an exception. The market had few large corrections towards the 279158AJ8'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 ECOPETROL S A, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 279158AJ8 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 2.11 | |
Ir | Information ratio | -0.07 |
279158AJ8 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 279158AJ8 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ECOPETROL S A can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ECOPETROL S A generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Fisher Asset Management LLC Cuts Stock Position in Helmerich Payne, Inc. |
279158AJ8 Technical Analysis
279158AJ8's future price can be derived by breaking down and analyzing its technical indicators over time. 279158AJ8 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ECOPETROL S A. In general, you should focus on analyzing 279158AJ8 Bond price patterns and their correlations with different microeconomic environments and drivers.
279158AJ8 Predictive Forecast Models
279158AJ8's time-series forecasting models is one of many 279158AJ8'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 279158AJ8'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 ECOPETROL S A
Checking the ongoing alerts about 279158AJ8 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ECOPETROL S A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ECOPETROL S A generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Fisher Asset Management LLC Cuts Stock Position in Helmerich Payne, Inc. |
Other Information on Investing in 279158AJ8 Bond
279158AJ8 financial ratios help investors to determine whether 279158AJ8 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 279158AJ8 with respect to the benefits of owning 279158AJ8 security.