TELEFONICA EMISIONES S Probability of Future Bond Price Finishing Over 97.29
| 87938WAT0 | 95.89 2.44 2.48% |
TELEFONICA |
TELEFONICA Target Price Odds to finish over 97.29
The tendency of TELEFONICA 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 move over 97.29 or more in 90 days |
| 95.89 | 90 days | 97.29 | under 95 |
Based on a normal probability distribution, the odds of TELEFONICA to move over 97.29 or more in 90 days from now is under 95 (This TELEFONICA EMISIONES S probability density function shows the probability of TELEFONICA Bond to fall within a particular range of prices over 90 days) . Probability of TELEFONICA EMISIONES price to stay between its current price of 95.89 and 97.29 at the end of the 90-day period is about 5.12 .
Assuming the 90 days trading horizon TELEFONICA has a beta of 0.0053. This usually implies as returns on the market go up, TELEFONICA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TELEFONICA EMISIONES S will be expected to be much smaller as well. Additionally TELEFONICA EMISIONES S 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. TELEFONICA Price Density |
| Price |
Predictive Modules for TELEFONICA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TELEFONICA EMISIONES. 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.TELEFONICA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TELEFONICA is not an exception. The market had few large corrections towards the TELEFONICA'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 TELEFONICA EMISIONES S, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TELEFONICA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.19 |
TELEFONICA 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 TELEFONICA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TELEFONICA EMISIONES can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TELEFONICA EMISIONES generated a negative expected return over the last 90 days |
TELEFONICA Technical Analysis
TELEFONICA's future price can be derived by breaking down and analyzing its technical indicators over time. TELEFONICA Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TELEFONICA EMISIONES S. In general, you should focus on analyzing TELEFONICA Bond price patterns and their correlations with different microeconomic environments and drivers.
TELEFONICA Predictive Forecast Models
TELEFONICA's time-series forecasting models is one of many TELEFONICA'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 TELEFONICA'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 TELEFONICA EMISIONES
Checking the ongoing alerts about TELEFONICA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TELEFONICA EMISIONES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TELEFONICA EMISIONES generated a negative expected return over the last 90 days |
Other Information on Investing in TELEFONICA Bond
TELEFONICA financial ratios help investors to determine whether TELEFONICA 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 TELEFONICA with respect to the benefits of owning TELEFONICA security.