Ashtead Technology (UK) Probability of Future Stock Price Finishing Over 775.0

AT Stock   540.00  4.00  0.75%   
Ashtead Technology's future price is the expected price of Ashtead Technology 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 Ashtead Technology Holdings performance during a given time horizon utilizing its historical volatility. Check out Ashtead Technology Backtesting, Ashtead Technology Valuation, Ashtead Technology Correlation, Ashtead Technology Hype Analysis, Ashtead Technology Volatility, Ashtead Technology History as well as Ashtead Technology Performance.
  
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Ashtead Technology Target Price Odds to finish over 775.0

The tendency of Ashtead Stock 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 move over  775.00  or more in 90 days
 540.00 90 days 775.00 
near 1
Based on a normal probability distribution, the odds of Ashtead Technology to move over  775.00  or more in 90 days from now is near 1 (This Ashtead Technology Holdings probability density function shows the probability of Ashtead Stock to fall within a particular range of prices over 90 days) . Probability of Ashtead Technology price to stay between its current price of  540.00  and  775.00  at the end of the 90-day period is about 59.28 .
Assuming the 90 days trading horizon Ashtead Technology has a beta of 0.26. This suggests as returns on the market go up, Ashtead Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ashtead Technology Holdings will be expected to be much smaller as well. Additionally Ashtead Technology Holdings 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.
   Ashtead Technology Price Density   
       Price  

Predictive Modules for Ashtead Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ashtead Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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
537.63540.28542.93
Details
Intrinsic
Valuation
LowRealHigh
536.67539.32541.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.090.090.10
Details

Ashtead Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Ashtead Technology is not an exception. The market had few large corrections towards the Ashtead Technology'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 Ashtead Technology Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ashtead Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.14
β
Beta against Dow Jones0.26
σ
Overall volatility
29.62
Ir
Information ratio -0.06

Ashtead Technology 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 Ashtead Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ashtead Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Ashtead Technology generated a negative expected return over the last 90 days
Ashtead Technology is unlikely to experience financial distress in the next 2 years
Over 76.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Ashtead Technology Holdings Independent Non-Executive Chairman Acquires 25 percent More Stock - Simply Wall St

Ashtead Technology Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ashtead Stock often depends not only on the future outlook of the current and potential Ashtead Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ashtead Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding81 M
Cash And Short Term Investments10.8 M

Ashtead Technology Technical Analysis

Ashtead Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Ashtead Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ashtead Technology Holdings. In general, you should focus on analyzing Ashtead Stock price patterns and their correlations with different microeconomic environments and drivers.

Ashtead Technology Predictive Forecast Models

Ashtead Technology's time-series forecasting models is one of many Ashtead Technology's stock 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 Ashtead Technology'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 stock market movement and maximize returns from investment trading.

Things to note about Ashtead Technology

Checking the ongoing alerts about Ashtead Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ashtead Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ashtead Technology generated a negative expected return over the last 90 days
Ashtead Technology is unlikely to experience financial distress in the next 2 years
Over 76.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Ashtead Technology Holdings Independent Non-Executive Chairman Acquires 25 percent More Stock - Simply Wall St

Other Information on Investing in Ashtead Stock

Ashtead Technology financial ratios help investors to determine whether Ashtead Stock 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 Ashtead with respect to the benefits of owning Ashtead Technology security.