Phillips 66 Stock Odds of Future Stock Price Finishing Under 133.36
| PSX Stock | USD 133.35 0.90 0.67% |
Phillips |
Phillips Target Price Odds to finish below 133.36
The tendency of Phillips 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 stay under $ 133.36 after 90 days |
| 133.35 | 90 days | 133.36 | about 81.73 |
Based on a normal probability distribution, the odds of Phillips to stay under $ 133.36 after 90 days from now is about 81.73 (This Phillips 66 probability density function shows the probability of Phillips Stock to fall within a particular range of prices over 90 days) . Probability of Phillips 66 price to stay between its current price of $ 133.35 and $ 133.36 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Phillips has a beta of 0.94 indicating Phillips 66 market returns are sensitive to returns on the market. As the market goes up or down, Phillips is expected to follow. Additionally Phillips 66 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. Phillips Price Density |
| Price |
Predictive Modules for Phillips
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phillips 66. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Phillips' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Phillips Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Phillips is not an exception. The market had few large corrections towards the Phillips' 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 Phillips 66, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Phillips within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 4.40 | |
Ir | Information ratio | -0.11 |
Phillips 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 Phillips for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Phillips 66 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Phillips 66 generated a negative expected return over the last 90 days | |
| Phillips 66 has a strong financial position based on the latest SEC filings | |
| About 75.0% of the company shares are owned by institutional investors |
Phillips 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 Phillips Stock often depends not only on the future outlook of the current and potential Phillips' 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. Phillips' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 453.2 M | |
| Cash And Short Term Investments | 3.3 B |
Phillips Technical Analysis
Phillips' future price can be derived by breaking down and analyzing its technical indicators over time. Phillips Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Phillips 66. In general, you should focus on analyzing Phillips Stock price patterns and their correlations with different microeconomic environments and drivers.
Phillips Predictive Forecast Models
Phillips' time-series forecasting models is one of many Phillips' 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 Phillips' 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 Phillips 66
Checking the ongoing alerts about Phillips for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Phillips 66 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Phillips 66 generated a negative expected return over the last 90 days | |
| Phillips 66 has a strong financial position based on the latest SEC filings | |
| About 75.0% of the company shares are owned by institutional investors |
Additional Tools for Phillips Stock Analysis
When running Phillips' price analysis, check to measure Phillips' 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 Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.