Rbc Bearings Incorporated Stock Probability of Future Stock Price Finishing Under 295.62
| RBC Stock | USD 327.58 3.09 0.93% |
RBC |
RBC Bearings Target Price Odds to finish below 295.62
The tendency of RBC 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 $ 295.62 or more in 90 days |
| 327.58 | 90 days | 295.62 | about 31.48 |
Based on a normal probability distribution, the odds of RBC Bearings to drop to $ 295.62 or more in 90 days from now is about 31.48 (This RBC Bearings Incorporated probability density function shows the probability of RBC Stock to fall within a particular range of prices over 90 days) . Probability of RBC Bearings price to stay between $ 295.62 and its current price of $327.58 at the end of the 90-day period is about 54.31 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.56 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, RBC Bearings will likely underperform. Additionally RBC Bearings Incorporated has an alpha of 0.0663, implying that it can generate a 0.0663 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RBC Bearings Price Density |
| Price |
Predictive Modules for RBC Bearings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RBC Bearings. 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.RBC Bearings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RBC Bearings is not an exception. The market had few large corrections towards the RBC Bearings' 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 RBC Bearings Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RBC Bearings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 1.56 | |
σ | Overall volatility | 20.54 | |
Ir | Information ratio | 0.07 |
RBC Bearings 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 RBC Bearings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RBC Bearings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Nordsons Q4 Earnings Revenues Top Estimates, Increase YY |
RBC Bearings 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 RBC Stock often depends not only on the future outlook of the current and potential RBC Bearings' 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. RBC Bearings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.2 M | |
| Cash And Short Term Investments | 63.5 M |
RBC Bearings Technical Analysis
RBC Bearings' future price can be derived by breaking down and analyzing its technical indicators over time. RBC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RBC Bearings Incorporated. In general, you should focus on analyzing RBC Stock price patterns and their correlations with different microeconomic environments and drivers.
RBC Bearings Predictive Forecast Models
RBC Bearings' time-series forecasting models is one of many RBC Bearings' 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 RBC Bearings' 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 RBC Bearings
Checking the ongoing alerts about RBC Bearings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RBC Bearings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Nordsons Q4 Earnings Revenues Top Estimates, Increase YY |
Check out RBC Bearings Backtesting, RBC Bearings Valuation, RBC Bearings Correlation, RBC Bearings Hype Analysis, RBC Bearings Volatility, RBC Bearings History as well as RBC Bearings Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RBC Bearings. If investors know RBC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RBC Bearings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share 6.85 | Revenue Per Share 54.835 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0475 |
The market value of RBC Bearings is measured differently than its book value, which is the value of RBC that is recorded on the company's balance sheet. Investors also form their own opinion of RBC Bearings' value that differs from its market value or its book value, called intrinsic value, which is RBC Bearings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RBC Bearings' market value can be influenced by many factors that don't directly affect RBC Bearings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RBC Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if RBC Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBC Bearings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.