Rex Trueform (South Africa) Probability of Future Stock Price Finishing Under 1128.36
| RTN Stock | 1,172 0.00 0.00% |
Rex |
Rex Trueform Target Price Odds to finish below 1128.36
The tendency of Rex 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 1,128 or more in 90 days |
| 1,172 | 90 days | 1,128 | about 5.71 |
Based on a normal probability distribution, the odds of Rex Trueform to drop to 1,128 or more in 90 days from now is about 5.71 (This Rex Trueform Group probability density function shows the probability of Rex Stock to fall within a particular range of prices over 90 days) . Probability of Rex Trueform Group price to stay between 1,128 and its current price of 1172.0 at the end of the 90-day period is about 26.54 .
Assuming the 90 days trading horizon Rex Trueform Group has a beta of -0.0657 indicating as returns on the benchmark increase, returns on holding Rex Trueform are expected to decrease at a much lower rate. During a bear market, however, Rex Trueform Group is likely to outperform the market. Additionally Rex Trueform Group 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. Rex Trueform Price Density |
| Price |
Predictive Modules for Rex Trueform
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rex Trueform Group. 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.Rex Trueform Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rex Trueform is not an exception. The market had few large corrections towards the Rex Trueform'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 Rex Trueform Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rex Trueform within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 39.21 | |
Ir | Information ratio | -0.21 |
Rex Trueform 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 Rex Trueform for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rex Trueform Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rex Trueform Group generated a negative expected return over the last 90 days | |
| About 93.0% of the company outstanding shares are owned by corporate insiders |
Rex Trueform 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 Rex Stock often depends not only on the future outlook of the current and potential Rex Trueform'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. Rex Trueform's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21.7 M |
Rex Trueform Technical Analysis
Rex Trueform's future price can be derived by breaking down and analyzing its technical indicators over time. Rex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rex Trueform Group. In general, you should focus on analyzing Rex Stock price patterns and their correlations with different microeconomic environments and drivers.
Rex Trueform Predictive Forecast Models
Rex Trueform's time-series forecasting models is one of many Rex Trueform'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 Rex Trueform'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 Rex Trueform Group
Checking the ongoing alerts about Rex Trueform for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rex Trueform Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rex Trueform Group generated a negative expected return over the last 90 days | |
| About 93.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Rex Stock
Rex Trueform financial ratios help investors to determine whether Rex 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 Rex with respect to the benefits of owning Rex Trueform security.