Asbury Automotive Group Stock Probability of Future Stock Price Finishing Over 233.42

ABG Stock  USD 265.37  0.02  0.01%   
Asbury Automotive's implied volatility is one of the determining factors in the pricing options written on Asbury Automotive Group. Implied volatility approximates the future value of Asbury Automotive based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Asbury Automotive Group over a specific time period. For example, ABG Option Call 20-12-2024 270 is a CALL option contract on Asbury Automotive's common stock with a strick price of 270.0 expiring on 2024-12-20. The contract was last traded on 2024-11-26 at 10:00:14 for $4.07 and, as of today, has 15 days remaining before the expiration. The option is currently trading at an ask price of $0.0. The implied volatility as of the 5th of December is 15.0. View All Asbury options

Closest to current price Asbury long CALL Option Payoff at Expiration

Asbury Automotive's future price is the expected price of Asbury Automotive instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Asbury Automotive Group performance during a given time horizon utilizing its historical volatility. Check out Asbury Automotive Backtesting, Asbury Automotive Valuation, Asbury Automotive Correlation, Asbury Automotive Hype Analysis, Asbury Automotive Volatility, Asbury Automotive History as well as Asbury Automotive Performance.
  
At this time, Asbury Automotive's Price To Operating Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Asbury Automotive's current Price To Free Cash Flows Ratio is estimated to increase to 28.92, while Price Earnings Ratio is projected to decrease to 7.41. Please specify Asbury Automotive's target price for which you would like Asbury Automotive odds to be computed.

Asbury Automotive Target Price Odds to finish over 233.42

The tendency of Asbury Stock 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 PriceHorizonTarget PriceOdds to stay above $ 233.42  in 90 days
 265.37 90 days 233.42 
about 61.08
Based on a normal probability distribution, the odds of Asbury Automotive to stay above $ 233.42  in 90 days from now is about 61.08 (This Asbury Automotive Group probability density function shows the probability of Asbury Stock to fall within a particular range of prices over 90 days) . Probability of Asbury Automotive price to stay between $ 233.42  and its current price of $265.37 at the end of the 90-day period is about 56.49 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.72 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Asbury Automotive will likely underperform. Additionally Asbury Automotive Group 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.
   Asbury Automotive Price Density   
       Price  

Predictive Modules for Asbury Automotive

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asbury Automotive. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.
Hype
Prediction
LowEstimatedHigh
264.00266.05268.10
Details
Intrinsic
Valuation
LowRealHigh
247.01249.06291.91
Details
9 Analysts
Consensus
LowTargetHigh
235.95259.29287.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
6.446.506.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Asbury Automotive. Your research has to be compared to or analyzed against Asbury Automotive's peers to derive any actionable benefits. When done correctly, Asbury Automotive's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Asbury Automotive.

Asbury Automotive Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Asbury Automotive is not an exception. The market had few large corrections towards the Asbury Automotive'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 Asbury Automotive Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asbury Automotive within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.06
β
Beta against Dow Jones1.72
σ
Overall volatility
16.24
Ir
Information ratio 0.02

Asbury Automotive 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 Asbury Automotive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asbury Automotive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from patch.com: Bruce Springsteen Movie Filming In Asbury Next Week, Extras Wanted

Asbury Automotive Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Asbury Stock often depends not only on the future outlook of the current and potential Asbury Automotive's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Asbury Automotive's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding21 M
Cash And Short Term Investments51.9 M

Asbury Automotive Technical Analysis

Asbury Automotive's future price can be derived by breaking down and analyzing its technical indicators over time. Asbury Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asbury Automotive Group. In general, you should focus on analyzing Asbury Stock price patterns and their correlations with different microeconomic environments and drivers.

Asbury Automotive Predictive Forecast Models

Asbury Automotive's time-series forecasting models is one of many Asbury Automotive's stock 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 Asbury Automotive'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 stock market movement and maximize returns from investment trading.

Things to note about Asbury Automotive

Checking the ongoing alerts about Asbury Automotive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asbury Automotive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from patch.com: Bruce Springsteen Movie Filming In Asbury Next Week, Extras Wanted
When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
17.83
Revenue Per Share
815.614
Quarterly Revenue Growth
0.156
Return On Assets
0.0663
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.