BROWN FORMAN P Chance of Future Bond Price Finishing Over 90.40
| 115637AT7 | 90.40 0.49 0.54% |
BROWN |
BROWN Target Price Odds to finish over 90.40
The tendency of BROWN 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 move above the current price in 90 days |
| 90.40 | 90 days | 90.40 | about 63.44 |
Based on a normal probability distribution, the odds of BROWN to move above the current price in 90 days from now is about 63.44 (This BROWN FORMAN P probability density function shows the probability of BROWN Bond to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BROWN has a beta of 0.0664. This usually implies as returns on the market go up, BROWN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BROWN FORMAN P will be expected to be much smaller as well. Additionally BROWN FORMAN P has an alpha of 0.0185, implying that it can generate a 0.0185 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). BROWN Price Density |
| Price |
Predictive Modules for BROWN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BROWN FORMAN P. 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.BROWN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BROWN is not an exception. The market had few large corrections towards the BROWN'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 BROWN FORMAN P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BROWN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.08 |
BROWN 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 BROWN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BROWN FORMAN P can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| BROWN FORMAN P generated a negative expected return over the last 90 days |
BROWN Technical Analysis
BROWN's future price can be derived by breaking down and analyzing its technical indicators over time. BROWN Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BROWN FORMAN P. In general, you should focus on analyzing BROWN Bond price patterns and their correlations with different microeconomic environments and drivers.
BROWN Predictive Forecast Models
BROWN's time-series forecasting models is one of many BROWN'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 BROWN'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.
Things to note about BROWN FORMAN P
Checking the ongoing alerts about BROWN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BROWN FORMAN P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| BROWN FORMAN P generated a negative expected return over the last 90 days |
Other Information on Investing in BROWN Bond
BROWN financial ratios help investors to determine whether BROWN 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 BROWN with respect to the benefits of owning BROWN security.