GILEAD SCIENCES INC Chance of Future Bond Price Finishing Over 98.71

375558AZ6   99.98  0.13  0.13%   
GILEAD's future price is the expected price of GILEAD instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of GILEAD SCIENCES INC performance during a given time horizon utilizing its historical volatility. Check out GILEAD Backtesting, Portfolio Optimization, GILEAD Correlation, GILEAD Hype Analysis, GILEAD Volatility, GILEAD History as well as GILEAD Performance.
  
Please specify GILEAD's target price for which you would like GILEAD odds to be computed.

GILEAD Target Price Odds to finish over 98.71

The tendency of GILEAD 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 PriceHorizonTarget PriceOdds to stay above  98.71  in 90 days
 99.98 90 days 98.71 
about 79.51
Based on a normal probability distribution, the odds of GILEAD to stay above  98.71  in 90 days from now is about 79.51 (This GILEAD SCIENCES INC probability density function shows the probability of GILEAD Bond to fall within a particular range of prices over 90 days) . Probability of GILEAD SCIENCES INC price to stay between  98.71  and its current price of 99.98 at the end of the 90-day period is about 60.88 .
Assuming the 90 days trading horizon GILEAD SCIENCES INC has a beta of -0.13. This usually implies as returns on the benchmark increase, returns on holding GILEAD are expected to decrease at a much lower rate. During a bear market, however, GILEAD SCIENCES INC is likely to outperform the market. Additionally GILEAD SCIENCES INC has an alpha of 0.0112, implying that it can generate a 0.0112 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   GILEAD Price Density   
       Price  

Predictive Modules for GILEAD

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GILEAD SCIENCES INC. 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.
Hype
Prediction
LowEstimatedHigh
99.6499.98100.32
Details
Intrinsic
Valuation
LowRealHigh
98.7499.08109.98
Details
Naive
Forecast
LowNextHigh
100.24100.59100.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
96.7398.86100.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GILEAD. Your research has to be compared to or analyzed against GILEAD's peers to derive any actionable benefits. When done correctly, GILEAD's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in GILEAD SCIENCES INC.

GILEAD Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. GILEAD is not an exception. The market had few large corrections towards the GILEAD'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 GILEAD SCIENCES INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of GILEAD within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.01
β
Beta against Dow Jones-0.13
σ
Overall volatility
0.74
Ir
Information ratio -0.24

GILEAD 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 GILEAD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for GILEAD SCIENCES INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
GILEAD SCIENCES INC generated a negative expected return over the last 90 days

GILEAD Technical Analysis

GILEAD's future price can be derived by breaking down and analyzing its technical indicators over time. GILEAD Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GILEAD SCIENCES INC. In general, you should focus on analyzing GILEAD Bond price patterns and their correlations with different microeconomic environments and drivers.

GILEAD Predictive Forecast Models

GILEAD's time-series forecasting models is one of many GILEAD'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 GILEAD'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 GILEAD SCIENCES INC

Checking the ongoing alerts about GILEAD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GILEAD SCIENCES INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
GILEAD SCIENCES INC generated a negative expected return over the last 90 days

Other Information on Investing in GILEAD Bond

GILEAD financial ratios help investors to determine whether GILEAD 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 GILEAD with respect to the benefits of owning GILEAD security.