TENCNT 3975 11 APR 29 Chance of Future Bond Price Finishing Over 94.20
| 88032XAN4 | 93.78 2.92 3.02% |
TENCNT |
TENCNT Target Price Odds to finish over 94.20
The tendency of TENCNT 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 94.20 or more in 90 days |
| 93.78 | 90 days | 94.20 | about 86.72 |
Based on a normal probability distribution, the odds of TENCNT to move over 94.20 or more in 90 days from now is about 86.72 (This TENCNT 3975 11 APR 29 probability density function shows the probability of TENCNT Bond to fall within a particular range of prices over 90 days) . Probability of TENCNT 75 11 price to stay between its current price of 93.78 and 94.20 at the end of the 90-day period is about 5.1 .
Assuming the 90 days trading horizon TENCNT has a beta of 0.18. This usually implies as returns on the market go up, TENCNT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TENCNT 3975 11 APR 29 will be expected to be much smaller as well. Additionally TENCNT 3975 11 APR 29 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. TENCNT Price Density |
| Price |
Predictive Modules for TENCNT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TENCNT 75 11. 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.TENCNT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TENCNT is not an exception. The market had few large corrections towards the TENCNT'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 TENCNT 3975 11 APR 29, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TENCNT 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 | 1.50 | |
Ir | Information ratio | -0.14 |
TENCNT 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 TENCNT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TENCNT 75 11 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TENCNT 75 11 generated a negative expected return over the last 90 days |
TENCNT Technical Analysis
TENCNT's future price can be derived by breaking down and analyzing its technical indicators over time. TENCNT Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TENCNT 3975 11 APR 29. In general, you should focus on analyzing TENCNT Bond price patterns and their correlations with different microeconomic environments and drivers.
TENCNT Predictive Forecast Models
TENCNT's time-series forecasting models is one of many TENCNT'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 TENCNT'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 TENCNT 75 11
Checking the ongoing alerts about TENCNT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TENCNT 75 11 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TENCNT 75 11 generated a negative expected return over the last 90 days |
Other Information on Investing in TENCNT Bond
TENCNT financial ratios help investors to determine whether TENCNT 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 TENCNT with respect to the benefits of owning TENCNT security.