AVANGRID INC Odds of Future Bond Price Finishing Under 97.29
| 05351WAC7 | 95.45 3.93 3.95% |
AVANGRID |
AVANGRID Target Price Odds to finish below 97.29
The tendency of AVANGRID Bond 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 97.29 after 90 days |
| 95.45 | 90 days | 97.29 | nearly 4.24 |
Based on a normal probability distribution, the odds of AVANGRID to stay under 97.29 after 90 days from now is nearly 4.24 (This AVANGRID INC probability density function shows the probability of AVANGRID Bond to fall within a particular range of prices over 90 days) . Probability of AVANGRID INC price to stay between its current price of 95.45 and 97.29 at the end of the 90-day period is nearly 4.5 .
Assuming the 90 days trading horizon AVANGRID INC has a beta of -0.036. This usually implies as returns on the benchmark increase, returns on holding AVANGRID are expected to decrease at a much lower rate. During a bear market, however, AVANGRID INC is likely to outperform the market. Additionally AVANGRID INC 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. AVANGRID Price Density |
| Price |
Predictive Modules for AVANGRID
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AVANGRID INC. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.AVANGRID Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AVANGRID is not an exception. The market had few large corrections towards the AVANGRID'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 AVANGRID INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AVANGRID within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.35 |
AVANGRID 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 AVANGRID for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AVANGRID 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.| AVANGRID INC generated a negative expected return over the last 90 days |
AVANGRID Technical Analysis
AVANGRID's future price can be derived by breaking down and analyzing its technical indicators over time. AVANGRID Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AVANGRID INC. In general, you should focus on analyzing AVANGRID Bond price patterns and their correlations with different microeconomic environments and drivers.
AVANGRID Predictive Forecast Models
AVANGRID's time-series forecasting models is one of many AVANGRID's bond 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 AVANGRID'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 bond market movement and maximize returns from investment trading.
Things to note about AVANGRID INC
Checking the ongoing alerts about AVANGRID for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AVANGRID INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AVANGRID INC generated a negative expected return over the last 90 days |
Other Information on Investing in AVANGRID Bond
AVANGRID financial ratios help investors to determine whether AVANGRID Bond 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 AVANGRID with respect to the benefits of owning AVANGRID security.