Comcast P Stock Probability of Future Stock Price Finishing Over 54.59
| CCZ Stock | USD 54.81 0.00 0.00% |
COMCAST |
COMCAST P Target Price Odds to finish over 54.59
The tendency of COMCAST 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 $ 54.59 in 90 days |
| 54.81 | 90 days | 54.59 | about 90.88 |
Based on a normal probability distribution, the odds of COMCAST P to stay above $ 54.59 in 90 days from now is about 90.88 (This COMCAST P probability density function shows the probability of COMCAST Stock to fall within a particular range of prices over 90 days) . Probability of COMCAST P price to stay between $ 54.59 and its current price of $54.81 at the end of the 90-day period is nearly 4.2 .
Considering the 90-day investment horizon COMCAST P has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding COMCAST P are expected to decrease at a much lower rate. During a bear market, however, COMCAST P is likely to outperform the market. Additionally COMCAST P has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. COMCAST P Price Density |
| Price |
Predictive Modules for COMCAST P
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COMCAST P. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of COMCAST P's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
COMCAST P Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COMCAST P is not an exception. The market had few large corrections towards the COMCAST P'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 COMCAST P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COMCAST P within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | -0.2 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.04 |
COMCAST P 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 COMCAST P for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COMCAST 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.| COMCAST P is not yet fully synchronised with the market data | |
| COMCAST P generated a negative expected return over the last 90 days | |
| The company has 97.09 B in debt with debt to equity (D/E) ratio of 39.5, demonstrating that the company may be unable to create cash to meet all of its financial commitments. COMCAST P has a current ratio of 0.55, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist COMCAST P until it has trouble settling it off, either with new capital or with free cash flow. So, COMCAST P's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like COMCAST P sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for COMCAST to invest in growth at high rates of return. When we think about COMCAST P's use of debt, we should always consider it together with cash and equity. | |
| On 15th of April 2024 COMCAST P paid $ 1.2138 per share dividend to its current shareholders |
COMCAST P 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 COMCAST Stock often depends not only on the future outlook of the current and potential COMCAST P'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. COMCAST P's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.1 B | |
| Cash And Short Term Investments | 6.2 B |
COMCAST P Technical Analysis
COMCAST P's future price can be derived by breaking down and analyzing its technical indicators over time. COMCAST Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COMCAST P. In general, you should focus on analyzing COMCAST Stock price patterns and their correlations with different microeconomic environments and drivers.
COMCAST P Predictive Forecast Models
COMCAST P's time-series forecasting models is one of many COMCAST P'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 COMCAST P'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 COMCAST P
Checking the ongoing alerts about COMCAST P for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COMCAST P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COMCAST P is not yet fully synchronised with the market data | |
| COMCAST P generated a negative expected return over the last 90 days | |
| The company has 97.09 B in debt with debt to equity (D/E) ratio of 39.5, demonstrating that the company may be unable to create cash to meet all of its financial commitments. COMCAST P has a current ratio of 0.55, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist COMCAST P until it has trouble settling it off, either with new capital or with free cash flow. So, COMCAST P's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like COMCAST P sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for COMCAST to invest in growth at high rates of return. When we think about COMCAST P's use of debt, we should always consider it together with cash and equity. | |
| On 15th of April 2024 COMCAST P paid $ 1.2138 per share dividend to its current shareholders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the COMCAST P information on this page should be used as a complementary analysis to other COMCAST P's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for COMCAST Stock analysis
When running COMCAST P's price analysis, check to measure COMCAST P's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy COMCAST P is operating at the current time. Most of COMCAST P's value examination focuses on studying past and present price action to predict the probability of COMCAST P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COMCAST P's price. Additionally, you may evaluate how the addition of COMCAST P to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is COMCAST P's industry 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 COMCAST P. If investors know COMCAST 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 COMCAST P listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of COMCAST P is measured differently than its book value, which is the value of COMCAST that is recorded on the company's balance sheet. Investors also form their own opinion of COMCAST P's value that differs from its market value or its book value, called intrinsic value, which is COMCAST P's 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 COMCAST P's market value can be influenced by many factors that don't directly affect COMCAST P's 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 COMCAST P's value and its price as these two are different measures arrived at by different means. Investors typically determine if COMCAST P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COMCAST P's 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.