Teck Resources 6 Probability of Future Bond Price Finishing Over 106.24
| 878742AS4 | 98.69 2.10 2.08% |
878742AS4 |
878742AS4 Target Price Odds to finish over 106.24
The tendency of 878742AS4 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 over 106.24 or more in 90 days |
| 98.69 | 90 days | 106.24 | near 1 |
Based on a normal probability distribution, the odds of 878742AS4 to move over 106.24 or more in 90 days from now is near 1 (This Teck Resources 6 probability density function shows the probability of 878742AS4 Bond to fall within a particular range of prices over 90 days) . Probability of Teck Resources 6 price to stay between its current price of 98.69 and 106.24 at the end of the 90-day period is about 87.6 .
Assuming the 90 days trading horizon Teck Resources 6 has a beta of -0.0973. This usually implies as returns on the benchmark increase, returns on holding 878742AS4 are expected to decrease at a much lower rate. During a bear market, however, Teck Resources 6 is likely to outperform the market. Additionally Teck Resources 6 has an alpha of 0.005, implying that it can generate a 0.005049 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 878742AS4 Price Density |
| Price |
Predictive Modules for 878742AS4
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Teck Resources 6. 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.878742AS4 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 878742AS4 is not an exception. The market had few large corrections towards the 878742AS4'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 Teck Resources 6, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 878742AS4 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | -0.09 |
878742AS4 Technical Analysis
878742AS4's future price can be derived by breaking down and analyzing its technical indicators over time. 878742AS4 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Teck Resources 6. In general, you should focus on analyzing 878742AS4 Bond price patterns and their correlations with different microeconomic environments and drivers.
878742AS4 Predictive Forecast Models
878742AS4's time-series forecasting models is one of many 878742AS4'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 878742AS4'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 878742AS4 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, 878742AS4's short interest history, or implied volatility extrapolated from 878742AS4 options trading.
Other Information on Investing in 878742AS4 Bond
878742AS4 financial ratios help investors to determine whether 878742AS4 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 878742AS4 with respect to the benefits of owning 878742AS4 security.