Rentokil Initial Plc Stock Probability of Future Stock Price Finishing Under 22.17
| RTO Stock | USD 25.54 0.17 0.66% |
Rentokil |
Rentokil Initial Target Price Odds to finish below 22.17
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 drop to $ 22.17 or more in 90 days |
| 25.54 | 90 days | 22.17 | about 6.05 |
Based on a normal probability distribution, the odds of Rentokil Initial to drop to $ 22.17 or more in 90 days from now is about 6.05 (This Rentokil Initial PLC probability density function shows the probability of Rentokil Stock to fall within a particular range of prices over 90 days) . Probability of Rentokil Initial PLC price to stay between $ 22.17 and its current price of $25.54 at the end of the 90-day period is about 37.09 .
Considering the 90-day investment horizon Rentokil Initial has a beta of 0.58 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 PLC will be expected to be much smaller as well. Additionally Rentokil Initial 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. 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 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rentokil Initial's 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.
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 PLC, 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 | -0.36 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 2.45 | |
Ir | Information ratio | -0.13 |
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 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.| Rentokil Initial PLC generated a negative expected return over the last 90 days | |
| Rentokil Initial PLC has high historical volatility and very poor performance | |
| Rentokil Initial PLC has a strong financial position based on the latest SEC filings | |
| Latest headline from gurufocus.com: RTO Investors Have Opportunity to Lead Rentokil Initial plc Securities Fraud Lawsuit |
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.
| Common Stock Shares Outstanding | 2.5 B | |
| Cash And Short Term Investments | 1.5 B |
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 PLC. 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 PLC
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 PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rentokil Initial PLC generated a negative expected return over the last 90 days | |
| Rentokil Initial PLC has high historical volatility and very poor performance | |
| Rentokil Initial PLC has a strong financial position based on the latest SEC filings | |
| Latest headline from gurufocus.com: RTO Investors Have Opportunity to Lead Rentokil Initial plc Securities Fraud Lawsuit |
Check out Rentokil Initial Backtesting, Rentokil Initial Valuation, Rentokil Initial Correlation, Rentokil Initial Hype Analysis, Rentokil Initial Volatility, Rentokil Initial History as well as Rentokil Initial Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Environmental & Facilities Services 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 Rentokil Initial. If investors know Rentokil 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 Rentokil Initial 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 0.06 | Dividend Share 0.091 | Earnings Share 0.98 | Revenue Per Share 10.735 | Quarterly Revenue Growth 0.013 |
The market value of Rentokil Initial PLC is measured differently than its book value, which is the value of Rentokil that is recorded on the company's balance sheet. Investors also form their own opinion of Rentokil Initial's value that differs from its market value or its book value, called intrinsic value, which is Rentokil Initial's 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 Rentokil Initial's market value can be influenced by many factors that don't directly affect Rentokil Initial's 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 Rentokil Initial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rentokil Initial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rentokil Initial'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.