RS GROUP (UK) Odds of Future Stock Price Finishing Under 784.59
| RS1 Stock | 694.50 6.50 0.93% |
RS1 |
RS GROUP Target Price Odds to finish below 784.59
The tendency of RS1 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 784.59 after 90 days |
| 694.50 | 90 days | 784.59 | about 85.23 |
Based on a normal probability distribution, the odds of RS GROUP to stay under 784.59 after 90 days from now is about 85.23 (This RS GROUP PLC probability density function shows the probability of RS1 Stock to fall within a particular range of prices over 90 days) . Probability of RS GROUP PLC price to stay between its current price of 694.50 and 784.59 at the end of the 90-day period is about 75.72 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.32 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, RS GROUP will likely underperform. Additionally RS GROUP PLC 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. RS GROUP Price Density |
| Price |
Predictive Modules for RS GROUP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RS GROUP PLC. 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.RS GROUP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RS GROUP is not an exception. The market had few large corrections towards the RS GROUP'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 RS GROUP PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RS GROUP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 1.32 | |
σ | Overall volatility | 38.26 | |
Ir | Information ratio | -0.11 |
RS GROUP 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 RS GROUP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RS GROUP PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RS GROUP PLC generated a negative expected return over the last 90 days | |
| RS GROUP PLC is unlikely to experience financial distress in the next 2 years | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: RS Groups Earnings Growth and Market Position Highlight Emerging Opportunities - Yahoo Finance |
RS GROUP 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 RS1 Stock often depends not only on the future outlook of the current and potential RS GROUP'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. RS GROUP's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 474.1 M | |
| Cash And Short Term Investments | 258.7 M |
RS GROUP Technical Analysis
RS GROUP's future price can be derived by breaking down and analyzing its technical indicators over time. RS1 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RS GROUP PLC. In general, you should focus on analyzing RS1 Stock price patterns and their correlations with different microeconomic environments and drivers.
RS GROUP Predictive Forecast Models
RS GROUP's time-series forecasting models is one of many RS GROUP'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 RS GROUP'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 RS GROUP PLC
Checking the ongoing alerts about RS GROUP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RS GROUP PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RS GROUP PLC generated a negative expected return over the last 90 days | |
| RS GROUP PLC is unlikely to experience financial distress in the next 2 years | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: RS Groups Earnings Growth and Market Position Highlight Emerging Opportunities - Yahoo Finance |
Other Information on Investing in RS1 Stock
RS GROUP financial ratios help investors to determine whether RS1 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RS1 with respect to the benefits of owning RS GROUP security.