CORNING INC 575 Odds of Future Bond Price Finishing Over 100.90
| 219350AV7 | 100.90 0.52 0.51% |
CORNING |
CORNING Target Price Odds to finish over 100.90
The tendency of CORNING 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 move above the current price in 90 days |
| 100.90 | 90 days | 100.90 | about 55.91 |
Based on a normal probability distribution, the odds of CORNING to move above the current price in 90 days from now is about 55.91 (This CORNING INC 575 probability density function shows the probability of CORNING Bond to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CORNING INC 575 has a beta of -0.11. This usually implies as returns on the benchmark increase, returns on holding CORNING are expected to decrease at a much lower rate. During a bear market, however, CORNING INC 575 is likely to outperform the market. Additionally CORNING INC 575 has an alpha of 0.0097, implying that it can generate a 0.009717 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CORNING Price Density |
| Price |
Predictive Modules for CORNING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CORNING INC 575. 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.CORNING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CORNING is not an exception. The market had few large corrections towards the CORNING'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 CORNING INC 575, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CORNING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 1.21 | |
Ir | Information ratio | 0.08 |
CORNING Technical Analysis
CORNING's future price can be derived by breaking down and analyzing its technical indicators over time. CORNING Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CORNING INC 575. In general, you should focus on analyzing CORNING Bond price patterns and their correlations with different microeconomic environments and drivers.
CORNING Predictive Forecast Models
CORNING's time-series forecasting models is one of many CORNING'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 CORNING'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.
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 CORNING 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, CORNING's short interest history, or implied volatility extrapolated from CORNING options trading.
Other Information on Investing in CORNING Bond
CORNING financial ratios help investors to determine whether CORNING 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 CORNING with respect to the benefits of owning CORNING security.