Franklin Covey Stock Probability of Future Stock Price Finishing Under 40.37
| FC Stock | USD 37.00 0.12 0.32% |
Franklin |
Franklin Covey Target Price Odds to finish below 40.37
The tendency of Franklin 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 $ 40.37 after 90 days |
| 37.00 | 90 days | 40.37 | about 79.96 |
Based on a normal probability distribution, the odds of Franklin Covey to stay under $ 40.37 after 90 days from now is about 79.96 (This Franklin Covey probability density function shows the probability of Franklin Stock to fall within a particular range of prices over 90 days) . Probability of Franklin Covey price to stay between its current price of $ 37.00 and $ 40.37 at the end of the 90-day period is about 58.18 .
Allowing for the 90-day total investment horizon Franklin Covey has a beta of 0.11. This usually indicates as returns on the market go up, Franklin Covey average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Covey will be expected to be much smaller as well. Additionally Franklin Covey 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. Franklin Covey Price Density |
| Price |
Predictive Modules for Franklin Covey
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Covey. 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 Franklin Covey'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.
Franklin Covey Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Covey is not an exception. The market had few large corrections towards the Franklin Covey'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 Franklin Covey, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Covey within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 2.08 | |
Ir | Information ratio | -0.06 |
Franklin Covey 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 Franklin Covey for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Covey can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Franklin Covey generated a negative expected return over the last 90 days | |
| Franklin Covey is unlikely to experience financial distress in the next 2 years | |
| Franklin Covey reports 6.03 M of total liabilities with total debt to equity ratio (D/E) of 0.35, which is normal for its line of buisiness. Franklin Covey has a current ratio of 0.93, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Franklin to invest in growth at high rates of return. | |
| Over 77.0% of Franklin Covey shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Covey Homes by MORE Acquires New Rental Community near Savannah |
Franklin Covey 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 Franklin Stock often depends not only on the future outlook of the current and potential Franklin Covey'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. Franklin Covey's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.5 M | |
| Cash And Short Term Investments | 48.7 M |
Franklin Covey Technical Analysis
Franklin Covey's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Covey. In general, you should focus on analyzing Franklin Stock price patterns and their correlations with different microeconomic environments and drivers.
Franklin Covey Predictive Forecast Models
Franklin Covey's time-series forecasting models is one of many Franklin Covey'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 Franklin Covey'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 Franklin Covey
Checking the ongoing alerts about Franklin Covey for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Covey help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Franklin Covey generated a negative expected return over the last 90 days | |
| Franklin Covey is unlikely to experience financial distress in the next 2 years | |
| Franklin Covey reports 6.03 M of total liabilities with total debt to equity ratio (D/E) of 0.35, which is normal for its line of buisiness. Franklin Covey has a current ratio of 0.93, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Franklin to invest in growth at high rates of return. | |
| Over 77.0% of Franklin Covey shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Covey Homes by MORE Acquires New Rental Community near Savannah |
Check out Franklin Covey Backtesting, Franklin Covey Valuation, Franklin Covey Correlation, Franklin Covey Hype Analysis, Franklin Covey Volatility, Franklin Covey History as well as Franklin Covey Performance. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Research & Consulting Services 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 Franklin Covey. If investors know Franklin 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 Franklin Covey 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 0.837 | Earnings Share 1.74 | Revenue Per Share 21.808 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0911 |
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey'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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey'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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey'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.