Automatic Data Processing Stock Probability of Future Stock Price Finishing Over 147.37
| ADP Stock | USD 241.99 0.91 0.37% |
Automatic |
Automatic Data Target Price Odds to finish over 147.37
The tendency of Automatic 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 $ 147.37 in 90 days |
| 241.99 | 90 days | 147.37 | close to 99 |
Based on a normal probability distribution, the odds of Automatic Data to stay above $ 147.37 in 90 days from now is close to 99 (This Automatic Data Processing probability density function shows the probability of Automatic Stock to fall within a particular range of prices over 90 days) . Probability of Automatic Data Processing price to stay between $ 147.37 and its current price of $241.99 at the end of the 90-day period is about 20.93 .
Considering the 90-day investment horizon Automatic Data has a beta of 0.08. This suggests as returns on the market go up, Automatic Data average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Automatic Data Processing will be expected to be much smaller as well. Additionally Automatic Data Processing has an alpha of 0.015, implying that it can generate a 0.015 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Automatic Data Price Density |
| Price |
Predictive Modules for Automatic Data
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Automatic Data Processing. 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 Automatic Data'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.
Automatic Data Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Automatic Data is not an exception. The market had few large corrections towards the Automatic Data'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 Automatic Data Processing, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Automatic Data within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.08 | |
σ | Overall volatility | 4.44 | |
Ir | Information ratio | -0.05 |
Automatic Data 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 Automatic Data for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Automatic Data Processing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 3.34 B in debt with debt to equity (D/E) ratio of 1.4, which is OK given its current industry classification. Automatic Data Processing has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Automatic Data until it has trouble settling it off, either with new capital or with free cash flow. So, Automatic Data'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 Automatic Data Processing sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Automatic to invest in growth at high rates of return. When we think about Automatic Data's use of debt, we should always consider it together with cash and equity. | |
| Automatic Data has a strong financial position based on the latest SEC filings | |
| Over 84.0% of Automatic Data shares are held by institutions such as insurance companies | |
| On 1st of April 2024 Automatic Data paid $ 1.4 per share dividend to its current shareholders |
Automatic Data 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 Automatic Stock often depends not only on the future outlook of the current and potential Automatic Data'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. Automatic Data's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 415.7 M | |
| Cash And Short Term Investments | 2.1 B |
Automatic Data Technical Analysis
Automatic Data's future price can be derived by breaking down and analyzing its technical indicators over time. Automatic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Automatic Data Processing. In general, you should focus on analyzing Automatic Stock price patterns and their correlations with different microeconomic environments and drivers.
Automatic Data Predictive Forecast Models
Automatic Data's time-series forecasting models is one of many Automatic Data'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 Automatic Data'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 Automatic Data Processing
Checking the ongoing alerts about Automatic Data for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Automatic Data Processing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 3.34 B in debt with debt to equity (D/E) ratio of 1.4, which is OK given its current industry classification. Automatic Data Processing has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Automatic Data until it has trouble settling it off, either with new capital or with free cash flow. So, Automatic Data'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 Automatic Data Processing sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Automatic to invest in growth at high rates of return. When we think about Automatic Data's use of debt, we should always consider it together with cash and equity. | |
| Automatic Data has a strong financial position based on the latest SEC filings | |
| Over 84.0% of Automatic Data shares are held by institutions such as insurance companies | |
| On 1st of April 2024 Automatic Data paid $ 1.4 per share dividend to its current shareholders |
Check out Automatic Data Backtesting, Automatic Data Valuation, Automatic Data Correlation, Automatic Data Hype Analysis, Automatic Data Volatility, Automatic Data History as well as Automatic Data Performance. Note that the Automatic Data Processing information on this page should be used as a complementary analysis to other Automatic Data'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Automatic Stock analysis
When running Automatic Data's price analysis, check to measure Automatic Data'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 Automatic Data is operating at the current time. Most of Automatic Data's value examination focuses on studying past and present price action to predict the probability of Automatic Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automatic Data's price. Additionally, you may evaluate how the addition of Automatic Data to your portfolios can decrease your overall portfolio volatility.
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Is Automatic Data'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 Automatic Data. If investors know Automatic 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 Automatic Data 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 Automatic Data Processing is measured differently than its book value, which is the value of Automatic that is recorded on the company's balance sheet. Investors also form their own opinion of Automatic Data's value that differs from its market value or its book value, called intrinsic value, which is Automatic Data'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 Automatic Data's market value can be influenced by many factors that don't directly affect Automatic Data'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 Automatic Data's value and its price as these two are different measures arrived at by different means. Investors typically determine if Automatic Data is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Automatic Data'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.