SSM HEALTH CARE Probability of Future Bond Price Finishing Under 98.18
| 784710AA3 | 96.77 1.41 1.44% |
784710AA3 |
784710AA3 Target Price Odds to finish below 98.18
The tendency of 784710AA3 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 stay under 98.18 after 90 days |
| 96.77 | 90 days | 98.18 | about 45.18 |
Based on a normal probability distribution, the odds of 784710AA3 to stay under 98.18 after 90 days from now is about 45.18 (This SSM HEALTH CARE probability density function shows the probability of 784710AA3 Bond to fall within a particular range of prices over 90 days) . Probability of SSM HEALTH CARE price to stay between its current price of 96.77 and 98.18 at the end of the 90-day period is about 40.5 .
Assuming the 90 days trading horizon SSM HEALTH CARE has a beta of -0.0374. This usually implies as returns on the benchmark increase, returns on holding 784710AA3 are expected to decrease at a much lower rate. During a bear market, however, SSM HEALTH CARE is likely to outperform the market. Additionally SSM HEALTH CARE 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. 784710AA3 Price Density |
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Predictive Modules for 784710AA3
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SSM HEALTH CARE. 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.784710AA3 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 784710AA3 is not an exception. The market had few large corrections towards the 784710AA3'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 SSM HEALTH CARE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 784710AA3 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | -0.21 |
784710AA3 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 784710AA3 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SSM HEALTH CARE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SSM HEALTH CARE generated a negative expected return over the last 90 days |
784710AA3 Technical Analysis
784710AA3's future price can be derived by breaking down and analyzing its technical indicators over time. 784710AA3 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SSM HEALTH CARE. In general, you should focus on analyzing 784710AA3 Bond price patterns and their correlations with different microeconomic environments and drivers.
784710AA3 Predictive Forecast Models
784710AA3's time-series forecasting models is one of many 784710AA3'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 784710AA3'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 SSM HEALTH CARE
Checking the ongoing alerts about 784710AA3 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SSM HEALTH CARE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SSM HEALTH CARE generated a negative expected return over the last 90 days |
Other Information on Investing in 784710AA3 Bond
784710AA3 financial ratios help investors to determine whether 784710AA3 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 784710AA3 with respect to the benefits of owning 784710AA3 security.