Dtf Tax Free Stock Odds of Future Stock Price Finishing Over 12.23
| DTF Stock | USD 10.95 0.09 0.83% |
DTF |
DTF Tax Target Price Odds to finish over 12.23
The tendency of DTF 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 move over $ 12.23 or more in 90 days |
| 10.95 | 90 days | 12.23 | close to zero percent |
Based on a normal probability distribution, the odds of DTF Tax to move over $ 12.23 or more in 90 days from now is close to zero percent (This DTF Tax Free probability density function shows the probability of DTF Stock to fall within a particular range of prices over 90 days) . Probability of DTF Tax Free price to stay between its current price of $ 10.95 and $ 12.23 at the end of the 90-day period is close to 99 .
Considering the 90-day investment horizon DTF Tax Free has a beta of -0.0074 suggesting as returns on the benchmark increase, returns on holding DTF Tax are expected to decrease at a much lower rate. During a bear market, however, DTF Tax Free is likely to outperform the market. Additionally DTF Tax Free 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. DTF Tax Price Density |
| Price |
Predictive Modules for DTF Tax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DTF Tax Free. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DTF Tax's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DTF Tax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DTF Tax is not an exception. The market had few large corrections towards the DTF Tax'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 DTF Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DTF Tax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.0074 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.18 |
DTF Tax 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 DTF Tax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DTF Tax Free can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DTF Tax Free generated a negative expected return over the last 90 days | |
| DTF Tax Free has a strong financial position based on the latest SEC filings | |
| On 29th of November 2024 DTF Tax paid $ 0.0325 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: DTF Tax-Free Income 2028 Term Fund Inc. to Issue Monthly Dividend of 0.03 on March 31st |
DTF Tax 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 DTF Stock often depends not only on the future outlook of the current and potential DTF Tax'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. DTF Tax's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.1 M | |
| Cash And Short Term Investments | 3 M |
DTF Tax Technical Analysis
DTF Tax's future price can be derived by breaking down and analyzing its technical indicators over time. DTF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DTF Tax Free. In general, you should focus on analyzing DTF Stock price patterns and their correlations with different microeconomic environments and drivers.
DTF Tax Predictive Forecast Models
DTF Tax's time-series forecasting models is one of many DTF Tax'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 DTF Tax'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 DTF Tax Free
Checking the ongoing alerts about DTF Tax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DTF Tax Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DTF Tax Free generated a negative expected return over the last 90 days | |
| DTF Tax Free has a strong financial position based on the latest SEC filings | |
| On 29th of November 2024 DTF Tax paid $ 0.0325 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: DTF Tax-Free Income 2028 Term Fund Inc. to Issue Monthly Dividend of 0.03 on March 31st |
Check out DTF Tax Backtesting, DTF Tax Valuation, DTF Tax Correlation, DTF Tax Hype Analysis, DTF Tax Volatility, DTF Tax History as well as DTF Tax Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Asset Management & Custody Banks 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 DTF Tax. If investors know DTF 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 DTF Tax 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 (0.50) | Earnings Share 0.6 | Revenue Per Share 0.453 | Quarterly Revenue Growth (0.33) | Return On Assets 0.0129 |
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax'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 DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax'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 DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.