EQUIFAX INC 69 Odds of Future Bond Price Finishing Under 104.90
| 294429AC9 | 105.82 0.00 0.00% |
EQUIFAX |
EQUIFAX Target Price Odds to finish below 104.90
The tendency of EQUIFAX 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 drop to 104.90 or more in 90 days |
| 105.82 | 90 days | 104.90 | under 4 |
Based on a normal probability distribution, the odds of EQUIFAX to drop to 104.90 or more in 90 days from now is under 4 (This EQUIFAX INC 69 probability density function shows the probability of EQUIFAX Bond to fall within a particular range of prices over 90 days) . Probability of EQUIFAX INC 69 price to stay between 104.90 and its current price of 105.82 at the end of the 90-day period is about 11.61 .
Assuming the 90 days trading horizon EQUIFAX has a beta of 0.0621. This usually implies as returns on the market go up, EQUIFAX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EQUIFAX INC 69 will be expected to be much smaller as well. Additionally EQUIFAX INC 69 has an alpha of 0.002, implying that it can generate a 0.001967 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EQUIFAX Price Density |
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Predictive Modules for EQUIFAX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EQUIFAX INC 69. 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.EQUIFAX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EQUIFAX is not an exception. The market had few large corrections towards the EQUIFAX'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 EQUIFAX INC 69, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EQUIFAX within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 1.20 | |
Ir | Information ratio | -0.12 |
EQUIFAX 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 EQUIFAX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EQUIFAX INC 69 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EQUIFAX INC 69 generated a negative expected return over the last 90 days |
EQUIFAX Technical Analysis
EQUIFAX's future price can be derived by breaking down and analyzing its technical indicators over time. EQUIFAX Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EQUIFAX INC 69. In general, you should focus on analyzing EQUIFAX Bond price patterns and their correlations with different microeconomic environments and drivers.
EQUIFAX Predictive Forecast Models
EQUIFAX's time-series forecasting models is one of many EQUIFAX'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 EQUIFAX'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 EQUIFAX INC 69
Checking the ongoing alerts about EQUIFAX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EQUIFAX INC 69 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EQUIFAX INC 69 generated a negative expected return over the last 90 days |
Other Information on Investing in EQUIFAX Bond
EQUIFAX financial ratios help investors to determine whether EQUIFAX 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 EQUIFAX with respect to the benefits of owning EQUIFAX security.