TERADYNE (Germany) Odds of Future Stock Price Finishing Under 121.24
| TEY Stock | EUR 119.54 1.04 0.88% |
TERADYNE |
TERADYNE Target Price Odds to finish below 121.24
The tendency of TERADYNE 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 € 121.24 after 90 days |
| 119.54 | 90 days | 121.24 | about 90.93 |
Based on a normal probability distribution, the odds of TERADYNE to stay under € 121.24 after 90 days from now is about 90.93 (This TERADYNE probability density function shows the probability of TERADYNE Stock to fall within a particular range of prices over 90 days) . Probability of TERADYNE price to stay between its current price of € 119.54 and € 121.24 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon TERADYNE has a beta of 0.65. This usually implies as returns on the market go up, TERADYNE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TERADYNE will be expected to be much smaller as well. Additionally TERADYNE has an alpha of 0.0264, implying that it can generate a 0.0264 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TERADYNE Price Density |
| Price |
Predictive Modules for TERADYNE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TERADYNE. 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.TERADYNE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TERADYNE is not an exception. The market had few large corrections towards the TERADYNE'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 TERADYNE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TERADYNE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 8.33 | |
Ir | Information ratio | 0.01 |
TERADYNE 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 TERADYNE Stock often depends not only on the future outlook of the current and potential TERADYNE'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. TERADYNE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 155.8 M | |
| Dividends Paid | -69.7 M | |
| Short Long Term Debt | 50.1 M |
TERADYNE Technical Analysis
TERADYNE's future price can be derived by breaking down and analyzing its technical indicators over time. TERADYNE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TERADYNE. In general, you should focus on analyzing TERADYNE Stock price patterns and their correlations with different microeconomic environments and drivers.
TERADYNE Predictive Forecast Models
TERADYNE's time-series forecasting models is one of many TERADYNE'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 TERADYNE'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TERADYNE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TERADYNE's short interest history, or implied volatility extrapolated from TERADYNE options trading.
Additional Information and Resources on Investing in TERADYNE Stock
When determining whether TERADYNE is a strong investment it is important to analyze TERADYNE'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 TERADYNE's future performance. For an informed investment choice regarding TERADYNE Stock, refer to the following important reports:Check out TERADYNE Backtesting, TERADYNE Valuation, TERADYNE Correlation, TERADYNE Hype Analysis, TERADYNE Volatility, TERADYNE History as well as TERADYNE Performance. For information on how to trade TERADYNE Stock refer to our How to Trade TERADYNE Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.