Ramsay Health (Australia) Probability of Future Preferred Stock Price Finishing Over 105.05
| RHCPA Preferred Stock | 105.71 0.21 0.20% |
Ramsay |
Ramsay Health Target Price Odds to finish over 105.05
The tendency of Ramsay 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 stay above 105.05 in 90 days |
| 105.71 | 90 days | 105.05 | about 38.69 |
Based on a normal probability distribution, the odds of Ramsay Health to stay above 105.05 in 90 days from now is about 38.69 (This Ramsay Health Care probability density function shows the probability of Ramsay Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Ramsay Health Care price to stay between 105.05 and its current price of 105.71 at the end of the 90-day period is about 23.91 .
Assuming the 90 days trading horizon Ramsay Health has a beta of 0.0086 indicating as returns on the market go up, Ramsay Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ramsay Health Care will be expected to be much smaller as well. Additionally Ramsay Health Care has an alpha of 0.0301, implying that it can generate a 0.0301 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ramsay Health Price Density |
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Predictive Modules for Ramsay Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ramsay Health Care. 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.Ramsay Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ramsay Health is not an exception. The market had few large corrections towards the Ramsay Health'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 Ramsay Health Care, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ramsay Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | -0.32 |
Ramsay Health 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 Ramsay Preferred Stock often depends not only on the future outlook of the current and potential Ramsay Health'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. Ramsay Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 228.9 M | |
| Cash And Short Term Investments | 314.2 M |
Ramsay Health Technical Analysis
Ramsay Health's future price can be derived by breaking down and analyzing its technical indicators over time. Ramsay Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ramsay Health Care. In general, you should focus on analyzing Ramsay Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Ramsay Health Predictive Forecast Models
Ramsay Health's time-series forecasting models is one of many Ramsay Health'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 Ramsay Health'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 Ramsay Health 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, Ramsay Health's short interest history, or implied volatility extrapolated from Ramsay Health options trading.
Other Information on Investing in Ramsay Preferred Stock
Ramsay Health financial ratios help investors to determine whether Ramsay 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 Ramsay with respect to the benefits of owning Ramsay Health security.