Teck Resources 6 Probability of Future Bond Price Finishing Under 96.66

878742AS4   98.69  2.10  2.08%   
878742AS4's future price is the expected price of 878742AS4 instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Teck Resources 6 performance during a given time horizon utilizing its historical volatility. Check out 878742AS4 Backtesting, Portfolio Optimization, 878742AS4 Correlation, 878742AS4 Hype Analysis, 878742AS4 Volatility, 878742AS4 History as well as 878742AS4 Performance.
  
Please specify 878742AS4's target price for which you would like 878742AS4 odds to be computed.

878742AS4 Target Price Odds to finish below 96.66

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 PriceHorizonTarget PriceOdds to drop to  96.66  or more in 90 days
 98.69 90 days 96.66 
near 1
Based on a normal probability distribution, the odds of 878742AS4 to drop to  96.66  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  96.66  and its current price of 98.69 at the end of the 90-day period is about 11.39 .
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.
Hype
Prediction
LowEstimatedHigh
97.2898.69100.10
Details
Intrinsic
Valuation
LowRealHigh
88.82100.13101.54
Details
Naive
Forecast
LowNextHigh
97.9399.33100.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
97.10100.05103.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 878742AS4. Your research has to be compared to or analyzed against 878742AS4's peers to derive any actionable benefits. When done correctly, 878742AS4's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Teck Resources 6.

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.