ENTERPRISE PRODUCTS OPERATING Probability of Future Bond Price Finishing Over 87.12
| 29379VBZ5 | 69.38 7.25 9.46% |
ENTERPRISE |
ENTERPRISE Target Price Odds to finish over 87.12
The tendency of ENTERPRISE 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 87.12 or more in 90 days |
| 69.38 | 90 days | 87.12 | near 1 |
Based on a normal probability distribution, the odds of ENTERPRISE to move over 87.12 or more in 90 days from now is near 1 (This ENTERPRISE PRODUCTS OPERATING probability density function shows the probability of ENTERPRISE Bond to fall within a particular range of prices over 90 days) . Probability of ENTERPRISE PRODUCTS price to stay between its current price of 69.38 and 87.12 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon ENTERPRISE PRODUCTS OPERATING has a beta of -0.16. This usually implies as returns on the benchmark increase, returns on holding ENTERPRISE are expected to decrease at a much lower rate. During a bear market, however, ENTERPRISE PRODUCTS OPERATING is likely to outperform the market. Additionally ENTERPRISE PRODUCTS OPERATING 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. ENTERPRISE Price Density |
| Price |
Predictive Modules for ENTERPRISE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENTERPRISE PRODUCTS. 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.ENTERPRISE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENTERPRISE is not an exception. The market had few large corrections towards the ENTERPRISE'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 ENTERPRISE PRODUCTS OPERATING, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENTERPRISE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 2.16 | |
Ir | Information ratio | -0.22 |
ENTERPRISE 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 ENTERPRISE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENTERPRISE PRODUCTS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ENTERPRISE PRODUCTS generated a negative expected return over the last 90 days |
ENTERPRISE Technical Analysis
ENTERPRISE's future price can be derived by breaking down and analyzing its technical indicators over time. ENTERPRISE Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENTERPRISE PRODUCTS OPERATING. In general, you should focus on analyzing ENTERPRISE Bond price patterns and their correlations with different microeconomic environments and drivers.
ENTERPRISE Predictive Forecast Models
ENTERPRISE's time-series forecasting models is one of many ENTERPRISE'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 ENTERPRISE'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 ENTERPRISE PRODUCTS
Checking the ongoing alerts about ENTERPRISE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENTERPRISE PRODUCTS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ENTERPRISE PRODUCTS generated a negative expected return over the last 90 days |
Other Information on Investing in ENTERPRISE Bond
ENTERPRISE financial ratios help investors to determine whether ENTERPRISE 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 ENTERPRISE with respect to the benefits of owning ENTERPRISE security.