HANCOCK JOHN LIFE Odds of Future Bond Price Finishing Under 103.11
41013MCP3 | 103.14 0.67 0.65% |
HANCOCK |
HANCOCK Target Price Odds to finish below 103.11
The tendency of HANCOCK 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 103.11 or more in 90 days |
103.14 | 90 days | 103.11 | about 25.32 |
Based on a normal probability distribution, the odds of HANCOCK to drop to 103.11 or more in 90 days from now is about 25.32 (This HANCOCK JOHN LIFE probability density function shows the probability of HANCOCK Bond to fall within a particular range of prices over 90 days) . Probability of HANCOCK JOHN LIFE price to stay between 103.11 and its current price of 103.14 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon HANCOCK has a beta of 0.15. This usually implies as returns on the market go up, HANCOCK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HANCOCK JOHN LIFE will be expected to be much smaller as well. Additionally HANCOCK JOHN LIFE has an alpha of 0.0153, implying that it can generate a 0.0153 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HANCOCK Price Density |
Price |
Predictive Modules for HANCOCK
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HANCOCK JOHN LIFE. 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.HANCOCK Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HANCOCK is not an exception. The market had few large corrections towards the HANCOCK'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 HANCOCK JOHN LIFE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HANCOCK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 1.35 | |
Ir | Information ratio | -0.0054 |
HANCOCK Technical Analysis
HANCOCK's future price can be derived by breaking down and analyzing its technical indicators over time. HANCOCK Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HANCOCK JOHN LIFE. In general, you should focus on analyzing HANCOCK Bond price patterns and their correlations with different microeconomic environments and drivers.
HANCOCK Predictive Forecast Models
HANCOCK's time-series forecasting models is one of many HANCOCK'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 HANCOCK'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HANCOCK in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HANCOCK's short interest history, or implied volatility extrapolated from HANCOCK options trading.
Other Information on Investing in HANCOCK Bond
HANCOCK financial ratios help investors to determine whether HANCOCK 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 HANCOCK with respect to the benefits of owning HANCOCK security.