ONEOK PARTNERS L Chance of Future Bond Price Finishing Over 117.41

68268NAD5   112.43  0.52  0.46%   
ONEOK's future price is the expected price of ONEOK 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 ONEOK PARTNERS L performance during a given time horizon utilizing its historical volatility. Check out ONEOK Backtesting, Portfolio Optimization, ONEOK Correlation, ONEOK Hype Analysis, ONEOK Volatility, ONEOK History as well as ONEOK Performance.
  
Please specify ONEOK's target price for which you would like ONEOK odds to be computed.

ONEOK Target Price Odds to finish over 117.41

The tendency of ONEOK 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 move over  117.41  or more in 90 days
 112.43 90 days 117.41 
near 1
Based on a normal probability distribution, the odds of ONEOK to move over  117.41  or more in 90 days from now is near 1 (This ONEOK PARTNERS L probability density function shows the probability of ONEOK Bond to fall within a particular range of prices over 90 days) . Probability of ONEOK PARTNERS L price to stay between its current price of  112.43  and  117.41  at the end of the 90-day period is about 33.51 .
Assuming the 90 days trading horizon ONEOK PARTNERS L has a beta of -0.0479. This usually implies as returns on the benchmark increase, returns on holding ONEOK are expected to decrease at a much lower rate. During a bear market, however, ONEOK PARTNERS L is likely to outperform the market. Additionally ONEOK PARTNERS L 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.
   ONEOK Price Density   
       Price  

Predictive Modules for ONEOK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ONEOK PARTNERS L. 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
111.03112.43113.83
Details
Intrinsic
Valuation
LowRealHigh
109.34110.74123.67
Details
Naive
Forecast
LowNextHigh
105.96107.37108.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
104.68110.00115.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ONEOK. Your research has to be compared to or analyzed against ONEOK's peers to derive any actionable benefits. When done correctly, ONEOK'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 ONEOK PARTNERS L.

ONEOK Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ONEOK is not an exception. The market had few large corrections towards the ONEOK'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 ONEOK PARTNERS L, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ONEOK within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.14
β
Beta against Dow Jones-0.05
σ
Overall volatility
2.13
Ir
Information ratio -0.17

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

ONEOK Technical Analysis

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

ONEOK Predictive Forecast Models

ONEOK's time-series forecasting models is one of many ONEOK'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 ONEOK'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 ONEOK PARTNERS L

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

Other Information on Investing in ONEOK Bond

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