Fisher Paykel (Australia) Probability of Future Stock Price Finishing Under 29.05
| FPH Stock | 34.73 0.16 0.46% |
Fisher |
Fisher Paykel Target Price Odds to finish below 29.05
The tendency of Fisher 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 29.05 or more in 90 days |
| 34.73 | 90 days | 29.05 | near 1 |
Based on a normal probability distribution, the odds of Fisher Paykel to drop to 29.05 or more in 90 days from now is near 1 (This Fisher Paykel Healthcare probability density function shows the probability of Fisher Stock to fall within a particular range of prices over 90 days) . Probability of Fisher Paykel Healthcare price to stay between 29.05 and its current price of 34.73 at the end of the 90-day period is over 95.25 .
Assuming the 90 days trading horizon Fisher Paykel Healthcare has a beta of -0.0435. This usually indicates as returns on the benchmark increase, returns on holding Fisher Paykel are expected to decrease at a much lower rate. During a bear market, however, Fisher Paykel Healthcare is likely to outperform the market. Additionally Fisher Paykel Healthcare has an alpha of 0.1223, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fisher Paykel Price Density |
| Price |
Predictive Modules for Fisher Paykel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fisher Paykel Healthcare. 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.Fisher Paykel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fisher Paykel is not an exception. The market had few large corrections towards the Fisher Paykel'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 Fisher Paykel Healthcare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fisher Paykel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | 0.06 |
Fisher Paykel 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 Fisher Paykel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fisher Paykel Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Fisher Paykel Healthcare shareholders notch a 13 percent CAGR over 5 years, yet earnings have been shrinking - Simply Wall St |
Fisher Paykel 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 Fisher Stock often depends not only on the future outlook of the current and potential Fisher Paykel'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. Fisher Paykel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 586.2 M | |
| Cash And Short Term Investments | 82 M |
Fisher Paykel Technical Analysis
Fisher Paykel's future price can be derived by breaking down and analyzing its technical indicators over time. Fisher Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fisher Paykel Healthcare. In general, you should focus on analyzing Fisher Stock price patterns and their correlations with different microeconomic environments and drivers.
Fisher Paykel Predictive Forecast Models
Fisher Paykel's time-series forecasting models is one of many Fisher Paykel'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 Fisher Paykel'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 Fisher Paykel Healthcare
Checking the ongoing alerts about Fisher Paykel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fisher Paykel Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Fisher Paykel Healthcare shareholders notch a 13 percent CAGR over 5 years, yet earnings have been shrinking - Simply Wall St |
Additional Tools for Fisher Stock Analysis
When running Fisher Paykel's price analysis, check to measure Fisher Paykel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fisher Paykel is operating at the current time. Most of Fisher Paykel's value examination focuses on studying past and present price action to predict the probability of Fisher Paykel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fisher Paykel's price. Additionally, you may evaluate how the addition of Fisher Paykel to your portfolios can decrease your overall portfolio volatility.