Atkore International Group Stock Probability of Future Stock Price Finishing Under 85.31
| ATKR Stock | USD 83.44 2.01 2.47% |
Closest to current price Atkore long PUT Option Payoff at Expiration
Atkore |
Atkore International Target Price Odds to finish below 85.31
The tendency of Atkore 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 Price | Horizon | Target Price | Odds to stay under $ 85.31 after 90 days |
| 83.44 | 90 days | 85.31 | about 30.02 |
Based on a normal probability distribution, the odds of Atkore International to stay under $ 85.31 after 90 days from now is about 30.02 (This Atkore International Group probability density function shows the probability of Atkore Stock to fall within a particular range of prices over 90 days) . Probability of Atkore International price to stay between its current price of $ 83.44 and $ 85.31 at the end of the 90-day period is about 12.3 .
Given the investment horizon of 90 days Atkore International has a beta of 0.33. This suggests as returns on the market go up, Atkore International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atkore International Group will be expected to be much smaller as well. Additionally Atkore International Group has an alpha of 0.0167, implying that it can generate a 0.0167 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Atkore International Price Density |
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Predictive Modules for Atkore International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atkore International. 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.Atkore International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atkore International is not an exception. The market had few large corrections towards the Atkore International'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 Atkore International Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atkore International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 4.67 | |
Ir | Information ratio | 0 |
Atkore International 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 Atkore International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atkore International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atkore International generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 16th of December 2024 Atkore International paid $ 0.32 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 3353 shares by Jeri Isbell of Atkore International at 94.0262 subject to Rule 16b-3 |
Atkore International 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 Atkore Stock often depends not only on the future outlook of the current and potential Atkore International'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. Atkore International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36.8 M | |
| Cash And Short Term Investments | 351.4 M |
Atkore International Technical Analysis
Atkore International's future price can be derived by breaking down and analyzing its technical indicators over time. Atkore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atkore International Group. In general, you should focus on analyzing Atkore Stock price patterns and their correlations with different microeconomic environments and drivers.
Atkore International Predictive Forecast Models
Atkore International's time-series forecasting models is one of many Atkore International'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 Atkore International'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 Atkore International
Checking the ongoing alerts about Atkore International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atkore International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atkore International generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 16th of December 2024 Atkore International paid $ 0.32 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 3353 shares by Jeri Isbell of Atkore International at 94.0262 subject to Rule 16b-3 |
Additional Tools for Atkore Stock Analysis
When running Atkore International's price analysis, check to measure Atkore International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.