First Horizon Preferred Stock Probability of Future Preferred Stock Price Finishing Under 20.09
| FHN-PB Preferred Stock | USD 25.40 0.10 0.40% |
First |
First Horizon Target Price Odds to finish below 20.09
The tendency of First Preferred 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 Price | Horizon | Target Price | Odds to drop to $ 20.09 or more in 90 days |
| 25.40 | 90 days | 20.09 | near 1 |
Based on a normal probability distribution, the odds of First Horizon to drop to $ 20.09 or more in 90 days from now is near 1 (This First Horizon probability density function shows the probability of First Preferred Stock to fall within a particular range of prices over 90 days) . Probability of First Horizon price to stay between $ 20.09 and its current price of $25.4 at the end of the 90-day period is more than 93.0 .
Assuming the 90 days trading horizon First Horizon has a beta of 0.0778. This usually indicates as returns on the market go up, First Horizon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Horizon will be expected to be much smaller as well. Additionally First Horizon has an alpha of 0.0359, implying that it can generate a 0.0359 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). First Horizon Price Density |
| Price |
Predictive Modules for First Horizon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Horizon. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.First Horizon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Horizon is not an exception. The market had few large corrections towards the First Horizon'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 First Horizon, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Horizon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | -0.26 |
First Horizon 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 First Preferred Stock often depends not only on the future outlook of the current and potential First Horizon'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. First Horizon's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 537.1 M | |
| Cash And Short Term Investments | 2.4 B |
First Horizon Technical Analysis
First Horizon's future price can be derived by breaking down and analyzing its technical indicators over time. First Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Horizon. In general, you should focus on analyzing First Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
First Horizon Predictive Forecast Models
First Horizon's time-series forecasting models is one of many First Horizon's preferred 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 First Horizon'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 preferred stock 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 First Horizon 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, First Horizon's short interest history, or implied volatility extrapolated from First Horizon options trading.
Other Information on Investing in First Preferred Stock
First Horizon financial ratios help investors to determine whether First Preferred 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 First with respect to the benefits of owning First Horizon security.