OXY 75 01 NOV 96 Probability of Future Bond Price Finishing Under 100.89
| 674599DX0 | 103.73 0.00 0.00% |
674599DX0 |
674599DX0 Target Price Odds to finish below 100.89
The tendency of 674599DX0 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 drop to 100.89 or more in 90 days |
| 103.73 | 90 days | 100.89 | near 1 |
Based on a normal probability distribution, the odds of 674599DX0 to drop to 100.89 or more in 90 days from now is near 1 (This OXY 75 01 NOV 96 probability density function shows the probability of 674599DX0 Bond to fall within a particular range of prices over 90 days) . Probability of OXY 75 01 price to stay between 100.89 and its current price of 103.73 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon OXY 75 01 NOV 96 has a beta of -0.15. This usually implies as returns on the benchmark increase, returns on holding 674599DX0 are expected to decrease at a much lower rate. During a bear market, however, OXY 75 01 NOV 96 is likely to outperform the market. Additionally OXY 75 01 NOV 96 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. 674599DX0 Price Density |
| Price |
Predictive Modules for 674599DX0
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OXY 75 01. 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.674599DX0 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 674599DX0 is not an exception. The market had few large corrections towards the 674599DX0'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 OXY 75 01 NOV 96, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 674599DX0 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 3.64 | |
Ir | Information ratio | -0.1 |
674599DX0 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 674599DX0 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OXY 75 01 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OXY 75 01 generated a negative expected return over the last 90 days | |
| OXY 75 01 has high historical volatility and very poor performance |
674599DX0 Technical Analysis
674599DX0's future price can be derived by breaking down and analyzing its technical indicators over time. 674599DX0 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OXY 75 01 NOV 96. In general, you should focus on analyzing 674599DX0 Bond price patterns and their correlations with different microeconomic environments and drivers.
674599DX0 Predictive Forecast Models
674599DX0's time-series forecasting models is one of many 674599DX0'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 674599DX0'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 OXY 75 01
Checking the ongoing alerts about 674599DX0 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OXY 75 01 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OXY 75 01 generated a negative expected return over the last 90 days | |
| OXY 75 01 has high historical volatility and very poor performance |
Other Information on Investing in 674599DX0 Bond
674599DX0 financial ratios help investors to determine whether 674599DX0 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 674599DX0 with respect to the benefits of owning 674599DX0 security.