APACHE P 6 Chance of Future Bond Price Finishing Over 103.19
| 037411AR6 | 103.71 2.44 2.41% |
APACHE |
APACHE Target Price Odds to finish over 103.19
The tendency of APACHE Bond 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 103.19 in 90 days |
| 103.71 | 90 days | 103.19 | about 33.96 |
Based on a normal probability distribution, the odds of APACHE to stay above 103.19 in 90 days from now is about 33.96 (This APACHE P 6 probability density function shows the probability of APACHE Bond to fall within a particular range of prices over 90 days) . Probability of APACHE P 6 price to stay between 103.19 and its current price of 103.71 at the end of the 90-day period is about 6.55 .
Assuming the 90 days trading horizon APACHE P 6 has a beta of -0.61. This usually implies as returns on the benchmark increase, returns on holding APACHE are expected to decrease at a much lower rate. During a bear market, however, APACHE P 6 is likely to outperform the market. Additionally APACHE P 6 has an alpha of 0.0767, implying that it can generate a 0.0767 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). APACHE Price Density |
| Price |
Predictive Modules for APACHE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as APACHE P 6. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.APACHE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. APACHE is not an exception. The market had few large corrections towards the APACHE'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 APACHE P 6, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of APACHE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 2.78 | |
Ir | Information ratio | -0.05 |
APACHE Technical Analysis
APACHE's future price can be derived by breaking down and analyzing its technical indicators over time. APACHE Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of APACHE P 6. In general, you should focus on analyzing APACHE Bond price patterns and their correlations with different microeconomic environments and drivers.
APACHE Predictive Forecast Models
APACHE's time-series forecasting models is one of many APACHE's bond 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 APACHE'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 bond 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 APACHE 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, APACHE's short interest history, or implied volatility extrapolated from APACHE options trading.
Other Information on Investing in APACHE Bond
APACHE financial ratios help investors to determine whether APACHE Bond 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 APACHE with respect to the benefits of owning APACHE security.