SMUCKER J M Odds of Future Bond Price Finishing Under 87.51
| 832696AP3 | 87.58 0.14 0.16% |
SMUCKER |
SMUCKER Target Price Odds to finish below 87.51
The tendency of SMUCKER 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 87.51 or more in 90 days |
| 87.58 | 90 days | 87.51 | about 70.0 |
Based on a normal probability distribution, the odds of SMUCKER to drop to 87.51 or more in 90 days from now is about 70.0 (This SMUCKER J M probability density function shows the probability of SMUCKER Bond to fall within a particular range of prices over 90 days) . Probability of SMUCKER J M price to stay between 87.51 and its current price of 87.58 at the end of the 90-day period is about 1.15 .
Assuming the 90 days trading horizon SMUCKER J M has a beta of -0.26. This usually implies as returns on the benchmark increase, returns on holding SMUCKER are expected to decrease at a much lower rate. During a bear market, however, SMUCKER J M is likely to outperform the market. Additionally SMUCKER J M has an alpha of 0.1063, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SMUCKER Price Density |
| Price |
Predictive Modules for SMUCKER
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SMUCKER J M. 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.SMUCKER Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SMUCKER is not an exception. The market had few large corrections towards the SMUCKER'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 SMUCKER J M, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SMUCKER within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | -0.0073 |
SMUCKER 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 SMUCKER for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SMUCKER J M can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SMUCKER J M generated a negative expected return over the last 90 days |
SMUCKER Technical Analysis
SMUCKER's future price can be derived by breaking down and analyzing its technical indicators over time. SMUCKER Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SMUCKER J M. In general, you should focus on analyzing SMUCKER Bond price patterns and their correlations with different microeconomic environments and drivers.
SMUCKER Predictive Forecast Models
SMUCKER's time-series forecasting models is one of many SMUCKER'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 SMUCKER'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 SMUCKER J M
Checking the ongoing alerts about SMUCKER for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SMUCKER J M help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SMUCKER J M generated a negative expected return over the last 90 days |
Other Information on Investing in SMUCKER Bond
SMUCKER financial ratios help investors to determine whether SMUCKER 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 SMUCKER with respect to the benefits of owning SMUCKER security.