RENTOKIL INITIAL (Germany) Probability of Future Stock Price Finishing Over 33.04
| RTO Stock | EUR 23.80 0.80 3.25% |
RENTOKIL |
RENTOKIL INITIAL Target Price Odds to finish over 33.04
The tendency of RENTOKIL 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 move over € 33.04 or more in 90 days |
| 23.80 | 90 days | 33.04 | near 1 |
Based on a normal probability distribution, the odds of RENTOKIL INITIAL to move over € 33.04 or more in 90 days from now is near 1 (This RENTOKIL INITIAL ADR5 probability density function shows the probability of RENTOKIL Stock to fall within a particular range of prices over 90 days) . Probability of RENTOKIL INITIAL ADR5 price to stay between its current price of € 23.80 and € 33.04 at the end of the 90-day period is about 27.73 .
Assuming the 90 days horizon RENTOKIL INITIAL has a beta of 0.46 indicating as returns on the market go up, RENTOKIL INITIAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RENTOKIL INITIAL ADR5 will be expected to be much smaller as well. Additionally RENTOKIL INITIAL ADR5 has an alpha of 0.1593, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RENTOKIL INITIAL Price Density |
| Price |
Predictive Modules for RENTOKIL INITIAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RENTOKIL INITIAL ADR5. 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.RENTOKIL INITIAL Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RENTOKIL INITIAL is not an exception. The market had few large corrections towards the RENTOKIL INITIAL'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 RENTOKIL INITIAL ADR5, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RENTOKIL INITIAL within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.05 |
RENTOKIL INITIAL 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 RENTOKIL INITIAL for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RENTOKIL INITIAL ADR5 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RENTOKIL INITIAL had very high historical volatility over the last 90 days |
RENTOKIL INITIAL 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 RENTOKIL Stock often depends not only on the future outlook of the current and potential RENTOKIL INITIAL'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. RENTOKIL INITIAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 0.05 | |
| Float Shares | 366.98M | |
| Trailing Annual Dividend Yield | 0.16% |
RENTOKIL INITIAL Technical Analysis
RENTOKIL INITIAL's future price can be derived by breaking down and analyzing its technical indicators over time. RENTOKIL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RENTOKIL INITIAL ADR5. In general, you should focus on analyzing RENTOKIL Stock price patterns and their correlations with different microeconomic environments and drivers.
RENTOKIL INITIAL Predictive Forecast Models
RENTOKIL INITIAL's time-series forecasting models is one of many RENTOKIL INITIAL'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 RENTOKIL INITIAL'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 RENTOKIL INITIAL ADR5
Checking the ongoing alerts about RENTOKIL INITIAL for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RENTOKIL INITIAL ADR5 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RENTOKIL INITIAL had very high historical volatility over the last 90 days |
Other Information on Investing in RENTOKIL Stock
RENTOKIL INITIAL financial ratios help investors to determine whether RENTOKIL 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 RENTOKIL with respect to the benefits of owning RENTOKIL INITIAL security.