WELLPOINT INC 465 Probability of Future Bond Price Finishing Over 94.20
| 94973VBK2 | 95.25 6.07 6.81% |
WELLPOINT |
WELLPOINT Target Price Odds to finish over 94.20
The tendency of WELLPOINT 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 94.20 in 90 days |
| 95.25 | 90 days | 94.20 | about 10.2 |
Based on a normal probability distribution, the odds of WELLPOINT to stay above 94.20 in 90 days from now is about 10.2 (This WELLPOINT INC 465 probability density function shows the probability of WELLPOINT Bond to fall within a particular range of prices over 90 days) . Probability of WELLPOINT INC 465 price to stay between 94.20 and its current price of 95.25 at the end of the 90-day period is about 5.19 .
Assuming the 90 days trading horizon WELLPOINT INC 465 has a beta of -0.0912. This usually implies as returns on the benchmark increase, returns on holding WELLPOINT are expected to decrease at a much lower rate. During a bear market, however, WELLPOINT INC 465 is likely to outperform the market. Additionally WELLPOINT INC 465 has an alpha of 0.0651, implying that it can generate a 0.0651 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WELLPOINT Price Density |
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Predictive Modules for WELLPOINT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WELLPOINT INC 465. 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.WELLPOINT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WELLPOINT is not an exception. The market had few large corrections towards the WELLPOINT'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 WELLPOINT INC 465, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WELLPOINT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 2.81 | |
Ir | Information ratio | -0.03 |
WELLPOINT Technical Analysis
WELLPOINT's future price can be derived by breaking down and analyzing its technical indicators over time. WELLPOINT Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WELLPOINT INC 465. In general, you should focus on analyzing WELLPOINT Bond price patterns and their correlations with different microeconomic environments and drivers.
WELLPOINT Predictive Forecast Models
WELLPOINT's time-series forecasting models is one of many WELLPOINT'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 WELLPOINT'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 WELLPOINT 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, WELLPOINT's short interest history, or implied volatility extrapolated from WELLPOINT options trading.
Other Information on Investing in WELLPOINT Bond
WELLPOINT financial ratios help investors to determine whether WELLPOINT 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 WELLPOINT with respect to the benefits of owning WELLPOINT security.