Travis Perkins Plc Stock Probability of Future Pink Sheet Price Finishing Over 10.88
| TPRKY Stock | USD 10.88 0.00 0.00% |
Travis |
Travis Perkins Target Price Odds to finish over 10.88
The tendency of Travis Pink Sheet 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 |
| 10.88 | 90 days | 10.88 | about 1.61 |
Based on a normal probability distribution, the odds of Travis Perkins to move above the current price in 90 days from now is about 1.61 (This Travis Perkins PLC probability density function shows the probability of Travis Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Travis Perkins has a beta of 0.73. This usually implies as returns on the market go up, Travis Perkins average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Travis Perkins PLC will be expected to be much smaller as well. Additionally Travis Perkins PLC has an alpha of 0.2375, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Travis Perkins Price Density |
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Predictive Modules for Travis Perkins
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Travis Perkins PLC. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Travis Perkins' 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.
Travis Perkins Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Travis Perkins is not an exception. The market had few large corrections towards the Travis Perkins' 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 Travis Perkins PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Travis Perkins within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | 0.73 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | 0.13 |
Travis Perkins 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 Travis Pink Sheet often depends not only on the future outlook of the current and potential Travis Perkins' 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. Travis Perkins' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 234.7 M | |
| Cash And Short Term Investments | 459.8 M |
Travis Perkins Technical Analysis
Travis Perkins' future price can be derived by breaking down and analyzing its technical indicators over time. Travis Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Travis Perkins PLC. In general, you should focus on analyzing Travis Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Travis Perkins Predictive Forecast Models
Travis Perkins' time-series forecasting models is one of many Travis Perkins' pink sheet 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 Travis Perkins' 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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Travis Perkins in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Travis Perkins' short interest history, or implied volatility extrapolated from Travis Perkins options trading.
Check out Travis Perkins Backtesting, Travis Perkins Valuation, Travis Perkins Correlation, Travis Perkins Hype Analysis, Travis Perkins Volatility, Travis Perkins History as well as Travis Perkins Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Travis Pink Sheet analysis
When running Travis Perkins' price analysis, check to measure Travis Perkins' 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 Travis Perkins is operating at the current time. Most of Travis Perkins' value examination focuses on studying past and present price action to predict the probability of Travis Perkins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Travis Perkins' price. Additionally, you may evaluate how the addition of Travis Perkins to your portfolios can decrease your overall portfolio volatility.
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