EXXON MOBIL P Chance of Future Bond Price Finishing Under 68.62
| 30231GAZ5 | 69.05 2.70 3.76% |
EXXON |
EXXON Target Price Odds to finish below 68.62
The tendency of EXXON 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 68.62 or more in 90 days |
| 69.05 | 90 days | 68.62 | about 12.31 |
Based on a normal probability distribution, the odds of EXXON to drop to 68.62 or more in 90 days from now is about 12.31 (This EXXON MOBIL P probability density function shows the probability of EXXON Bond to fall within a particular range of prices over 90 days) . Probability of EXXON MOBIL P price to stay between 68.62 and its current price of 69.05 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon EXXON MOBIL P has a beta of -0.29. This usually implies as returns on the benchmark increase, returns on holding EXXON are expected to decrease at a much lower rate. During a bear market, however, EXXON MOBIL P is likely to outperform the market. Additionally EXXON MOBIL 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. EXXON Price Density |
| Price |
Predictive Modules for EXXON
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EXXON MOBIL 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.EXXON Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EXXON is not an exception. The market had few large corrections towards the EXXON'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 EXXON MOBIL P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EXXON within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | -0.07 |
EXXON 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 EXXON for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EXXON MOBIL 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.| EXXON MOBIL P generated a negative expected return over the last 90 days |
EXXON Technical Analysis
EXXON's future price can be derived by breaking down and analyzing its technical indicators over time. EXXON Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EXXON MOBIL P. In general, you should focus on analyzing EXXON Bond price patterns and their correlations with different microeconomic environments and drivers.
EXXON Predictive Forecast Models
EXXON's time-series forecasting models is one of many EXXON'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 EXXON'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 EXXON MOBIL P
Checking the ongoing alerts about EXXON for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EXXON MOBIL P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EXXON MOBIL P generated a negative expected return over the last 90 days |
Other Information on Investing in EXXON Bond
EXXON financial ratios help investors to determine whether EXXON 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 EXXON with respect to the benefits of owning EXXON security.