Resolute Forest Products Probability of Future Stock Price Finishing Under 21.35
| RFPDelisted Stock | USD 21.92 0.08 0.36% |
Resolute |
Resolute Forest Target Price Odds to finish below 21.35
The tendency of Resolute 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 drop to $ 21.35 or more in 90 days |
| 21.92 | 90 days | 21.35 | about 41.88 |
Based on a normal probability distribution, the odds of Resolute Forest to drop to $ 21.35 or more in 90 days from now is about 41.88 (This Resolute Forest Products probability density function shows the probability of Resolute Stock to fall within a particular range of prices over 90 days) . Probability of Resolute Forest Products price to stay between $ 21.35 and its current price of $21.92 at the end of the 90-day period is about 51.88 .
Considering the 90-day investment horizon Resolute Forest Products has a beta of -0.0329 indicating as returns on the benchmark increase, returns on holding Resolute Forest are expected to decrease at a much lower rate. During a bear market, however, Resolute Forest Products is likely to outperform the market. Additionally Resolute Forest Products has an alpha of 0.0503, implying that it can generate a 0.0503 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Resolute Forest Price Density |
| Price |
Predictive Modules for Resolute Forest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Resolute Forest Products. 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.Resolute Forest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Resolute Forest is not an exception. The market had few large corrections towards the Resolute Forest'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 Resolute Forest Products, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Resolute Forest within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | 0.03 |
Resolute Forest 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 Resolute Forest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Resolute Forest Products can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Resolute Forest is not yet fully synchronised with the market data | |
| Resolute Forest has a very high chance of going through financial distress in the upcoming years | |
| Over 90.0% of the company shares are owned by institutional investors |
Resolute Forest 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 Resolute Stock often depends not only on the future outlook of the current and potential Resolute Forest'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. Resolute Forest's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80.3 M | |
| Cash And Short Term Investments | 112 M |
Resolute Forest Technical Analysis
Resolute Forest's future price can be derived by breaking down and analyzing its technical indicators over time. Resolute Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Resolute Forest Products. In general, you should focus on analyzing Resolute Stock price patterns and their correlations with different microeconomic environments and drivers.
Resolute Forest Predictive Forecast Models
Resolute Forest's time-series forecasting models is one of many Resolute Forest'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 Resolute Forest'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 Resolute Forest Products
Checking the ongoing alerts about Resolute Forest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Resolute Forest Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Resolute Forest is not yet fully synchronised with the market data | |
| Resolute Forest has a very high chance of going through financial distress in the upcoming years | |
| Over 90.0% of the company shares are owned by institutional investors |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Resolute Stock
If you are still planning to invest in Resolute Forest Products check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Resolute Forest's history and understand the potential risks before investing.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |