Avis Budget Group Stock Probability of Future Stock Price Finishing Under 161.63

CAR Stock  USD 81.39  0.41  0.51%   
Avis Budget's future price is the expected price of Avis Budget 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 Avis Budget Group performance during a given time horizon utilizing its historical volatility. Check out Avis Budget Backtesting, Avis Budget Valuation, Avis Budget Correlation, Avis Budget Hype Analysis, Avis Budget Volatility, Avis Budget History as well as Avis Budget Performance.
  
At this time, Avis Budget's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. As of 12/24/2024, Price Cash Flow Ratio is likely to grow to 2.76, while Price To Sales Ratio is likely to drop 0.34. Please specify Avis Budget's target price for which you would like Avis Budget odds to be computed.

Avis Budget Target Price Odds to finish below 161.63

The tendency of Avis 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 under $ 161.63  after 90 days
 81.39 90 days 161.63 
close to 99
Based on a normal probability distribution, the odds of Avis Budget to stay under $ 161.63  after 90 days from now is close to 99 (This Avis Budget Group probability density function shows the probability of Avis Stock to fall within a particular range of prices over 90 days) . Probability of Avis Budget Group price to stay between its current price of $ 81.39  and $ 161.63  at the end of the 90-day period is about 86.9 .
Considering the 90-day investment horizon Avis Budget Group has a beta of -1.0 suggesting Additionally Avis Budget 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.
   Avis Budget Price Density   
       Price  

Predictive Modules for Avis Budget

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avis Budget Group. 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
78.4181.8285.23
Details
Intrinsic
Valuation
LowRealHigh
73.66117.94121.35
Details
9 Analysts
Consensus
LowTargetHigh
213.40234.50260.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.61-1.020.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avis Budget. Your research has to be compared to or analyzed against Avis Budget's peers to derive any actionable benefits. When done correctly, Avis Budget'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 Avis Budget Group.

Avis Budget Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Avis Budget is not an exception. The market had few large corrections towards the Avis Budget'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 Avis Budget Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avis Budget within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.04
β
Beta against Dow Jones-1
σ
Overall volatility
9.03
Ir
Information ratio -0.03

Avis Budget 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 Avis Budget for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avis Budget Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Avis Budget Group had very high historical volatility over the last 90 days
Avis Budget Group has 26.45 B in debt. Avis Budget Group has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avis to invest in growth at high rates of return.
Avis Budget Group has a frail financial position based on the latest SEC disclosures
Over 97.0% of the company shares are held by institutions such as insurance companies
Latest headline from aol.com: Magdeburg Christmas market attack latest 11 dead and up to 80 injured after car driven into crowd in Germany

Avis Budget 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 Avis Stock often depends not only on the future outlook of the current and potential Avis Budget'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. Avis Budget's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding38.8 M
Cash And Short Term Investments555 M

Avis Budget Technical Analysis

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

Avis Budget Predictive Forecast Models

Avis Budget's time-series forecasting models is one of many Avis Budget'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 Avis Budget'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 Avis Budget Group

Checking the ongoing alerts about Avis Budget for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avis Budget Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Avis Budget Group had very high historical volatility over the last 90 days
Avis Budget Group has 26.45 B in debt. Avis Budget Group has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avis to invest in growth at high rates of return.
Avis Budget Group has a frail financial position based on the latest SEC disclosures
Over 97.0% of the company shares are held by institutions such as insurance companies
Latest headline from aol.com: Magdeburg Christmas market attack latest 11 dead and up to 80 injured after car driven into crowd in Germany

Additional Tools for Avis Stock Analysis

When running Avis Budget's price analysis, check to measure Avis Budget'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 Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.