Freehold Royalties Stock Probability of Future Stock Price Finishing Under 13.15
| FRU Stock | CAD 13.69 0.06 0.44% |
Freehold |
Freehold Royalties Target Price Odds to finish below 13.15
The tendency of Freehold 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 C$ 13.15 or more in 90 days |
| 13.69 | 90 days | 13.15 | near 1 |
Based on a normal probability distribution, the odds of Freehold Royalties to drop to C$ 13.15 or more in 90 days from now is near 1 (This Freehold Royalties probability density function shows the probability of Freehold Stock to fall within a particular range of prices over 90 days) . Probability of Freehold Royalties price to stay between C$ 13.15 and its current price of C$13.69 at the end of the 90-day period is about 13.45 .
Assuming the 90 days trading horizon Freehold Royalties has a beta of 0.13. This usually indicates as returns on the market go up, Freehold Royalties average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Freehold Royalties will be expected to be much smaller as well. Additionally Freehold Royalties has an alpha of 0.013, implying that it can generate a 0.013 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Freehold Royalties Price Density |
| Price |
Predictive Modules for Freehold Royalties
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freehold Royalties. 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 Freehold Royalties' 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.
Freehold Royalties Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Freehold Royalties is not an exception. The market had few large corrections towards the Freehold Royalties' 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 Freehold Royalties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Freehold Royalties within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | -0.05 |
Freehold Royalties 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 Freehold Royalties for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Freehold Royalties can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Freehold Royalties generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: This 7.6-Yielding Dividend Stock Is Growing Safer by the Quarter - MSN |
Freehold Royalties 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 Freehold Stock often depends not only on the future outlook of the current and potential Freehold Royalties' 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. Freehold Royalties' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 150.7 M |
Freehold Royalties Technical Analysis
Freehold Royalties' future price can be derived by breaking down and analyzing its technical indicators over time. Freehold Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Freehold Royalties. In general, you should focus on analyzing Freehold Stock price patterns and their correlations with different microeconomic environments and drivers.
Freehold Royalties Predictive Forecast Models
Freehold Royalties' time-series forecasting models is one of many Freehold Royalties' 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 Freehold Royalties' 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 Freehold Royalties
Checking the ongoing alerts about Freehold Royalties for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Freehold Royalties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Freehold Royalties generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: This 7.6-Yielding Dividend Stock Is Growing Safer by the Quarter - MSN |
Check out Freehold Royalties Backtesting, Freehold Royalties Valuation, Freehold Royalties Correlation, Freehold Royalties Hype Analysis, Freehold Royalties Volatility, Freehold Royalties History as well as Freehold Royalties Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Freehold Stock analysis
When running Freehold Royalties' price analysis, check to measure Freehold Royalties' 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 Freehold Royalties is operating at the current time. Most of Freehold Royalties' value examination focuses on studying past and present price action to predict the probability of Freehold Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freehold Royalties' price. Additionally, you may evaluate how the addition of Freehold Royalties to your portfolios can decrease your overall portfolio volatility.
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