Rgc Resources Stock Probability of Future Stock Price Finishing Under 12.58
| RGCO Stock | USD 19.82 1.06 5.08% |
RGC |
RGC Resources Target Price Odds to finish below 12.58
The tendency of RGC 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 $ 12.58 or more in 90 days |
| 19.82 | 90 days | 12.58 | near 1 |
Based on a normal probability distribution, the odds of RGC Resources to drop to $ 12.58 or more in 90 days from now is near 1 (This RGC Resources probability density function shows the probability of RGC Stock to fall within a particular range of prices over 90 days) . Probability of RGC Resources price to stay between $ 12.58 and its current price of $19.82 at the end of the 90-day period is nearly 4.77 .
Given the investment horizon of 90 days RGC Resources has a beta of -0.0196 indicating as returns on the benchmark increase, returns on holding RGC Resources are expected to decrease at a much lower rate. During a bear market, however, RGC Resources is likely to outperform the market. Additionally RGC Resources 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. RGC Resources Price Density |
| Price |
Predictive Modules for RGC Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RGC Resources. 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 RGC Resources' 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.
RGC Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RGC Resources is not an exception. The market had few large corrections towards the RGC Resources' 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 RGC Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RGC Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | -0.02 |
RGC Resources 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 RGC Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RGC Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RGC Resources generated a negative expected return over the last 90 days | |
| RGC Resources has a frail financial position based on the latest SEC disclosures | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| On 1st of November 2024 RGC Resources paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from zacks.com: All You Need to Know About RGC Resources Rating Upgrade to Buy |
RGC Resources 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 RGC Stock often depends not only on the future outlook of the current and potential RGC Resources' 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. RGC Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.2 M | |
| Cash And Short Term Investments | 894.2 K |
RGC Resources Technical Analysis
RGC Resources' future price can be derived by breaking down and analyzing its technical indicators over time. RGC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RGC Resources. In general, you should focus on analyzing RGC Stock price patterns and their correlations with different microeconomic environments and drivers.
RGC Resources Predictive Forecast Models
RGC Resources' time-series forecasting models is one of many RGC Resources' 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 RGC Resources' 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 RGC Resources
Checking the ongoing alerts about RGC Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RGC Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RGC Resources generated a negative expected return over the last 90 days | |
| RGC Resources has a frail financial position based on the latest SEC disclosures | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| On 1st of November 2024 RGC Resources paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from zacks.com: All You Need to Know About RGC Resources Rating Upgrade to Buy |
Check out RGC Resources Backtesting, RGC Resources Valuation, RGC Resources Correlation, RGC Resources Hype Analysis, RGC Resources Volatility, RGC Resources History as well as RGC Resources Performance. To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Gas Utilities 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 RGC Resources. If investors know RGC 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 RGC Resources 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 (0.90) | Earnings Share 1.16 | Revenue Per Share 8.337 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0342 |
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' 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 RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' 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 RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' 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.