Community Health Systems Probability of Future Bond Price Finishing Over 61.88
| 12543DBE9 | 62.50 15.04 19.40% |
Community |
Community Target Price Odds to finish over 61.88
The tendency of Community 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 above 61.88 in 90 days |
| 62.50 | 90 days | 61.88 | close to 99 |
Based on a normal probability distribution, the odds of Community to stay above 61.88 in 90 days from now is close to 99 (This Community Health Systems probability density function shows the probability of Community Bond to fall within a particular range of prices over 90 days) . Probability of Community Health Systems price to stay between 61.88 and its current price of 62.5 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the bond has the beta coefficient of 1.14 . This usually implies Community Health Systems market returns are sensitive to returns on the market. As the market goes up or down, Community is expected to follow. Additionally Community Health Systems 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. Community Price Density |
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Predictive Modules for Community
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Community Health Systems. 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.Community Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Community is not an exception. The market had few large corrections towards the Community'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 Community Health Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Community within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 7.06 | |
Ir | Information ratio | -0.03 |
Community 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 Community for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Community Health Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Community generated a negative expected return over the last 90 days | |
| Community has high historical volatility and very poor performance |
Community Technical Analysis
Community's future price can be derived by breaking down and analyzing its technical indicators over time. Community Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Community Health Systems. In general, you should focus on analyzing Community Bond price patterns and their correlations with different microeconomic environments and drivers.
Community Predictive Forecast Models
Community's time-series forecasting models is one of many Community'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 Community'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 Community Health Systems
Checking the ongoing alerts about Community for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Community Health Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Community generated a negative expected return over the last 90 days | |
| Community has high historical volatility and very poor performance |
Other Information on Investing in Community Bond
Community financial ratios help investors to determine whether Community 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 Community with respect to the benefits of owning Community security.