ENCOMPASS HEALTH P Probability of Future Bond Price Finishing Under 92.25
| 29261AAE0 | 92.13 2.13 2.26% |
ENCOMPASS |
ENCOMPASS Target Price Odds to finish below 92.25
The tendency of ENCOMPASS 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 92.25 after 90 days |
| 92.13 | 90 days | 92.25 | about 9.43 |
Based on a normal probability distribution, the odds of ENCOMPASS to stay under 92.25 after 90 days from now is about 9.43 (This ENCOMPASS HEALTH P probability density function shows the probability of ENCOMPASS Bond to fall within a particular range of prices over 90 days) . Probability of ENCOMPASS HEALTH P price to stay between its current price of 92.13 and 92.25 at the end of the 90-day period is about 1.27 .
Assuming the 90 days trading horizon ENCOMPASS has a beta of 0.0428. This usually implies as returns on the market go up, ENCOMPASS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ENCOMPASS HEALTH P will be expected to be much smaller as well. Additionally ENCOMPASS HEALTH P 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. ENCOMPASS Price Density |
| Price |
Predictive Modules for ENCOMPASS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENCOMPASS HEALTH P. 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.ENCOMPASS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENCOMPASS is not an exception. The market had few large corrections towards the ENCOMPASS'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 ENCOMPASS HEALTH P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENCOMPASS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.54 | |
Ir | Information ratio | -0.21 |
ENCOMPASS 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 ENCOMPASS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENCOMPASS HEALTH P can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ENCOMPASS HEALTH P generated a negative expected return over the last 90 days |
ENCOMPASS Technical Analysis
ENCOMPASS's future price can be derived by breaking down and analyzing its technical indicators over time. ENCOMPASS Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENCOMPASS HEALTH P. In general, you should focus on analyzing ENCOMPASS Bond price patterns and their correlations with different microeconomic environments and drivers.
ENCOMPASS Predictive Forecast Models
ENCOMPASS's time-series forecasting models is one of many ENCOMPASS'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 ENCOMPASS'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 ENCOMPASS HEALTH P
Checking the ongoing alerts about ENCOMPASS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENCOMPASS HEALTH P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ENCOMPASS HEALTH P generated a negative expected return over the last 90 days |
Other Information on Investing in ENCOMPASS Bond
ENCOMPASS financial ratios help investors to determine whether ENCOMPASS 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 ENCOMPASS with respect to the benefits of owning ENCOMPASS security.