PRECISION CASTPARTS P Probability of Future Bond Price Finishing Under 79.28
| 740189AH8 | 85.21 0.18 0.21% |
PRECISION |
PRECISION Target Price Odds to finish below 79.28
The tendency of PRECISION 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 79.28 or more in 90 days |
| 85.21 | 90 days | 79.28 | near 1 |
Based on a normal probability distribution, the odds of PRECISION to drop to 79.28 or more in 90 days from now is near 1 (This PRECISION CASTPARTS P probability density function shows the probability of PRECISION Bond to fall within a particular range of prices over 90 days) . Probability of PRECISION CASTPARTS price to stay between 79.28 and its current price of 85.21 at the end of the 90-day period is about 42.63 .
Assuming the 90 days trading horizon PRECISION CASTPARTS P has a beta of -0.18. This usually implies as returns on the benchmark increase, returns on holding PRECISION are expected to decrease at a much lower rate. During a bear market, however, PRECISION CASTPARTS P is likely to outperform the market. Additionally PRECISION CASTPARTS P has an alpha of 0.0381, implying that it can generate a 0.0381 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PRECISION Price Density |
| Price |
Predictive Modules for PRECISION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PRECISION CASTPARTS. 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.PRECISION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PRECISION is not an exception. The market had few large corrections towards the PRECISION'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 PRECISION CASTPARTS P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PRECISION within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | -0.08 |
PRECISION 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 PRECISION for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PRECISION CASTPARTS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PRECISION CASTPARTS generated a negative expected return over the last 90 days |
PRECISION Technical Analysis
PRECISION's future price can be derived by breaking down and analyzing its technical indicators over time. PRECISION Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PRECISION CASTPARTS P. In general, you should focus on analyzing PRECISION Bond price patterns and their correlations with different microeconomic environments and drivers.
PRECISION Predictive Forecast Models
PRECISION's time-series forecasting models is one of many PRECISION'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 PRECISION'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 PRECISION CASTPARTS
Checking the ongoing alerts about PRECISION for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PRECISION CASTPARTS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PRECISION CASTPARTS generated a negative expected return over the last 90 days |
Other Information on Investing in PRECISION Bond
PRECISION financial ratios help investors to determine whether PRECISION 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 PRECISION with respect to the benefits of owning PRECISION security.