EIX 365 01 JUN 51 Probability of Future Bond Price Finishing Under 72.05
| 842400HF3 | 75.49 0.02 0.03% |
842400HF3 |
842400HF3 Target Price Odds to finish below 72.05
The tendency of 842400HF3 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 72.05 or more in 90 days |
| 75.49 | 90 days | 72.05 | about 26.68 |
Based on a normal probability distribution, the odds of 842400HF3 to drop to 72.05 or more in 90 days from now is about 26.68 (This EIX 365 01 JUN 51 probability density function shows the probability of 842400HF3 Bond to fall within a particular range of prices over 90 days) . Probability of EIX 365 01 price to stay between 72.05 and its current price of 75.49 at the end of the 90-day period is about 55.02 .
Assuming the 90 days trading horizon EIX 365 01 JUN 51 has a beta of -0.19. This usually implies as returns on the benchmark increase, returns on holding 842400HF3 are expected to decrease at a much lower rate. During a bear market, however, EIX 365 01 JUN 51 is likely to outperform the market. Additionally EIX 365 01 JUN 51 has an alpha of 0.1093, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 842400HF3 Price Density |
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Predictive Modules for 842400HF3
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EIX 365 01. 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.842400HF3 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 842400HF3 is not an exception. The market had few large corrections towards the 842400HF3'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 EIX 365 01 JUN 51, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 842400HF3 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 2.25 | |
Ir | Information ratio | -0.01 |
842400HF3 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 842400HF3 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EIX 365 01 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EIX 365 01 generated a negative expected return over the last 90 days |
842400HF3 Technical Analysis
842400HF3's future price can be derived by breaking down and analyzing its technical indicators over time. 842400HF3 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EIX 365 01 JUN 51. In general, you should focus on analyzing 842400HF3 Bond price patterns and their correlations with different microeconomic environments and drivers.
842400HF3 Predictive Forecast Models
842400HF3's time-series forecasting models is one of many 842400HF3'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 842400HF3'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 EIX 365 01
Checking the ongoing alerts about 842400HF3 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EIX 365 01 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EIX 365 01 generated a negative expected return over the last 90 days |
Other Information on Investing in 842400HF3 Bond
842400HF3 financial ratios help investors to determine whether 842400HF3 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 842400HF3 with respect to the benefits of owning 842400HF3 security.