DUKE UNIV HEALTH Probability of Future Bond Price Finishing Over 80.67
| 26443CAA1 | 81.48 0.00 0.00% |
26443CAA1 |
26443CAA1 Target Price Odds to finish over 80.67
The tendency of 26443CAA1 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 80.67 in 90 days |
| 81.48 | 90 days | 80.67 | about 87.2 |
Based on a normal probability distribution, the odds of 26443CAA1 to stay above 80.67 in 90 days from now is about 87.2 (This DUKE UNIV HEALTH probability density function shows the probability of 26443CAA1 Bond to fall within a particular range of prices over 90 days) . Probability of DUKE UNIV HEALTH price to stay between 80.67 and its current price of 81.48 at the end of the 90-day period is about 8.31 .
Assuming the 90 days trading horizon DUKE UNIV HEALTH has a beta of -0.0439. This usually implies as returns on the benchmark increase, returns on holding 26443CAA1 are expected to decrease at a much lower rate. During a bear market, however, DUKE UNIV HEALTH is likely to outperform the market. Additionally DUKE UNIV HEALTH has an alpha of 0.0041, implying that it can generate a 0.004125 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 26443CAA1 Price Density |
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Predictive Modules for 26443CAA1
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DUKE UNIV HEALTH. 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.26443CAA1 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 26443CAA1 is not an exception. The market had few large corrections towards the 26443CAA1'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 DUKE UNIV HEALTH, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 26443CAA1 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 2.43 | |
Ir | Information ratio | -0.0048 |
26443CAA1 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 26443CAA1 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DUKE UNIV HEALTH can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DUKE UNIV HEALTH generated a negative expected return over the last 90 days |
26443CAA1 Technical Analysis
26443CAA1's future price can be derived by breaking down and analyzing its technical indicators over time. 26443CAA1 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DUKE UNIV HEALTH. In general, you should focus on analyzing 26443CAA1 Bond price patterns and their correlations with different microeconomic environments and drivers.
26443CAA1 Predictive Forecast Models
26443CAA1's time-series forecasting models is one of many 26443CAA1'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 26443CAA1'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 DUKE UNIV HEALTH
Checking the ongoing alerts about 26443CAA1 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DUKE UNIV HEALTH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DUKE UNIV HEALTH generated a negative expected return over the last 90 days |
Other Information on Investing in 26443CAA1 Bond
26443CAA1 financial ratios help investors to determine whether 26443CAA1 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 26443CAA1 with respect to the benefits of owning 26443CAA1 security.