DOLLAR TREE INC Chance of Future Bond Price Finishing Over 97.76
| 256746AG3 | 99.86 0.05 0.05% |
DOLLAR |
DOLLAR Target Price Odds to finish over 97.76
The tendency of DOLLAR 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 97.76 in 90 days |
| 99.86 | 90 days | 97.76 | about 99.0 |
Based on a normal probability distribution, the odds of DOLLAR to stay above 97.76 in 90 days from now is about 99.0 (This DOLLAR TREE INC probability density function shows the probability of DOLLAR Bond to fall within a particular range of prices over 90 days) . Probability of DOLLAR TREE INC price to stay between 97.76 and its current price of 99.86 at the end of the 90-day period is about 82.66 .
Assuming the 90 days trading horizon DOLLAR has a beta of 0.1. This usually implies as returns on the market go up, DOLLAR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DOLLAR TREE INC will be expected to be much smaller as well. Additionally DOLLAR TREE 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. DOLLAR Price Density |
| Price |
Predictive Modules for DOLLAR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DOLLAR TREE 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.DOLLAR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DOLLAR is not an exception. The market had few large corrections towards the DOLLAR'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 DOLLAR TREE INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DOLLAR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0016 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.03 |
DOLLAR Technical Analysis
DOLLAR's future price can be derived by breaking down and analyzing its technical indicators over time. DOLLAR Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DOLLAR TREE INC. In general, you should focus on analyzing DOLLAR Bond price patterns and their correlations with different microeconomic environments and drivers.
DOLLAR Predictive Forecast Models
DOLLAR's time-series forecasting models is one of many DOLLAR'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 DOLLAR'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 DOLLAR 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, DOLLAR's short interest history, or implied volatility extrapolated from DOLLAR options trading.
Other Information on Investing in DOLLAR Bond
DOLLAR financial ratios help investors to determine whether DOLLAR 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 DOLLAR with respect to the benefits of owning DOLLAR security.