Pool Corporation Stock Chance of Future Stock Price Finishing Under 369.92
| POOL Stock | USD 363.55 7.42 2.08% |
Closest to current price Pool long CALL Option Payoff at Expiration
Pool |
Pool Target Price Odds to finish below 369.92
The tendency of Pool 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 $ 369.92 after 90 days |
| 363.55 | 90 days | 369.92 | about 24.24 |
Based on a normal probability distribution, the odds of Pool to stay under $ 369.92 after 90 days from now is about 24.24 (This Pool Corporation probability density function shows the probability of Pool Stock to fall within a particular range of prices over 90 days) . Probability of Pool price to stay between its current price of $ 363.55 and $ 369.92 at the end of the 90-day period is about 9.46 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.55 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pool will likely underperform. Additionally Pool Corporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Pool Price Density |
| Price |
Predictive Modules for Pool
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pool. 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 Pool'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.
Pool Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pool is not an exception. The market had few large corrections towards the Pool'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 Pool Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pool within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | 1.55 | |
σ | Overall volatility | 18.46 | |
Ir | Information ratio | -0.09 |
Pool 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 Pool for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pool can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pool generated a negative expected return over the last 90 days | |
| Pool has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 30th of May 2024 Pool paid $ 1.2 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 266 shares by Walker Saik of Pool at 471.87 subject to Rule 16b-3 |
Pool 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 Pool Stock often depends not only on the future outlook of the current and potential Pool'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. Pool's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39 M | |
| Cash And Short Term Investments | 66.5 M |
Pool Technical Analysis
Pool's future price can be derived by breaking down and analyzing its technical indicators over time. Pool Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pool Corporation. In general, you should focus on analyzing Pool Stock price patterns and their correlations with different microeconomic environments and drivers.
Pool Predictive Forecast Models
Pool's time-series forecasting models is one of many Pool'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 Pool'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 Pool
Checking the ongoing alerts about Pool for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pool help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pool generated a negative expected return over the last 90 days | |
| Pool has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 30th of May 2024 Pool paid $ 1.2 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 266 shares by Walker Saik of Pool at 471.87 subject to Rule 16b-3 |
Check out Pool Backtesting, Pool Valuation, Pool Correlation, Pool Hype Analysis, Pool Volatility, Pool History as well as Pool Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Pool Stock analysis
When running Pool's price analysis, check to measure Pool'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 Pool is operating at the current time. Most of Pool's value examination focuses on studying past and present price action to predict the probability of Pool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pool's price. Additionally, you may evaluate how the addition of Pool to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stocks Directory Find actively traded stocks across global markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Pool'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 Pool. If investors know Pool 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 Pool listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 4.4 | Earnings Share 12.8 | Revenue Per Share 141.572 | Quarterly Revenue Growth (0.07) |
The market value of Pool is measured differently than its book value, which is the value of Pool that is recorded on the company's balance sheet. Investors also form their own opinion of Pool's value that differs from its market value or its book value, called intrinsic value, which is Pool'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 Pool's market value can be influenced by many factors that don't directly affect Pool'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 Pool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pool'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.