ResMed (Germany) Chance of Future Stock Price Finishing Over 161.18

RME Stock  EUR 226.10  3.90  1.76%   
ResMed's future price is the expected price of ResMed 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 ResMed Inc performance during a given time horizon utilizing its historical volatility. Check out ResMed Backtesting, ResMed Valuation, ResMed Correlation, ResMed Hype Analysis, ResMed Volatility, ResMed History as well as ResMed Performance.
  
Please specify ResMed's target price for which you would like ResMed odds to be computed.

ResMed Target Price Odds to finish over 161.18

The tendency of ResMed 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 above € 161.18  in 90 days
 226.10 90 days 161.18 
close to 99
Based on a normal probability distribution, the odds of ResMed to stay above € 161.18  in 90 days from now is close to 99 (This ResMed Inc probability density function shows the probability of ResMed Stock to fall within a particular range of prices over 90 days) . Probability of ResMed Inc price to stay between € 161.18  and its current price of €226.1 at the end of the 90-day period is about 58.66 .
Assuming the 90 days horizon ResMed has a beta of 0.19 indicating as returns on the market go up, ResMed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ResMed Inc will be expected to be much smaller as well. Additionally ResMed Inc has an alpha of 0.0314, implying that it can generate a 0.0314 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   ResMed Price Density   
       Price  

Predictive Modules for ResMed

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ResMed Inc. 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
224.44226.10227.76
Details
Intrinsic
Valuation
LowRealHigh
223.42225.08226.74
Details

ResMed Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. ResMed is not an exception. The market had few large corrections towards the ResMed'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 ResMed Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ResMed within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones0.19
σ
Overall volatility
7.23
Ir
Information ratio 0

ResMed 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 ResMed for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ResMed Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has €765.33 Million in debt which may indicate that it relies heavily on debt financing
About 67.0% of the company shares are owned by institutional investors

ResMed 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 ResMed Stock often depends not only on the future outlook of the current and potential ResMed'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. ResMed's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding146.4 M

ResMed Technical Analysis

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

ResMed Predictive Forecast Models

ResMed's time-series forecasting models is one of many ResMed'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 ResMed'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 ResMed Inc

Checking the ongoing alerts about ResMed for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ResMed Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has €765.33 Million in debt which may indicate that it relies heavily on debt financing
About 67.0% of the company shares are owned by institutional investors

Additional Information and Resources on Investing in ResMed Stock

When determining whether ResMed Inc is a strong investment it is important to analyze ResMed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ResMed's future performance. For an informed investment choice regarding ResMed Stock, refer to the following important reports:
Check out ResMed Backtesting, ResMed Valuation, ResMed Correlation, ResMed Hype Analysis, ResMed Volatility, ResMed History as well as ResMed Performance.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Please note, there is a significant difference between ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed'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.