Amdocs Stock Chance of Future Stock Price Finishing Under 91.78
| DOX Stock | USD 76.49 0.20 0.26% |
Closest to current price Amdocs long CALL Option Payoff at Expiration
Amdocs |
Amdocs Target Price Odds to finish below 91.78
The tendency of Amdocs 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 under $ 91.78 after 90 days |
| 76.49 | 90 days | 91.78 | about 90.51 |
Based on a normal probability distribution, the odds of Amdocs to stay under $ 91.78 after 90 days from now is about 90.51 (This Amdocs probability density function shows the probability of Amdocs Stock to fall within a particular range of prices over 90 days) . Probability of Amdocs price to stay between its current price of $ 76.49 and $ 91.78 at the end of the 90-day period is about 87.96 .
Considering the 90-day investment horizon Amdocs has a beta of 0.72 suggesting as returns on the market go up, Amdocs average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Amdocs will be expected to be much smaller as well. Additionally Amdocs has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Amdocs Price Density |
| Price |
Predictive Modules for Amdocs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amdocs. 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 Amdocs' 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.
Amdocs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Amdocs is not an exception. The market had few large corrections towards the Amdocs' 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 Amdocs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Amdocs within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.27 | |
β | Beta against NYSE Composite | 0.72 | |
σ | Overall volatility | 4.70 | |
Ir | Information ratio | -0.25 |
Amdocs 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 Amdocs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Amdocs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Amdocs generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| On 26th of April 2024 Amdocs paid $ 0.479 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Amdocs CFO COO Tamar Rapaport-Dagim to Speak at the Nasdaq Investor Conference in Partnership with Jefferies |
Amdocs 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 Amdocs Stock often depends not only on the future outlook of the current and potential Amdocs' 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. Amdocs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.5 M | |
| Cash And Short Term Investments | 742.5 M |
Amdocs Technical Analysis
Amdocs' future price can be derived by breaking down and analyzing its technical indicators over time. Amdocs Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amdocs. In general, you should focus on analyzing Amdocs Stock price patterns and their correlations with different microeconomic environments and drivers.
Amdocs Predictive Forecast Models
Amdocs' time-series forecasting models is one of many Amdocs' 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 Amdocs' 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 Amdocs
Checking the ongoing alerts about Amdocs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Amdocs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Amdocs generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| On 26th of April 2024 Amdocs paid $ 0.479 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Amdocs CFO COO Tamar Rapaport-Dagim to Speak at the Nasdaq Investor Conference in Partnership with Jefferies |
Additional Tools for Amdocs Stock Analysis
When running Amdocs' price analysis, check to measure Amdocs' 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 Amdocs is operating at the current time. Most of Amdocs' value examination focuses on studying past and present price action to predict the probability of Amdocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amdocs' price. Additionally, you may evaluate how the addition of Amdocs to your portfolios can decrease your overall portfolio volatility.