Deere Company Stock Chance of Future Stock Price Finishing Under 139.21

DE Stock  USD 409.14  12.09  3.04%   
Deere's implied volatility is one of the determining factors in the pricing options written on Deere Company. Implied volatility approximates the future value of Deere based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Deere Company over a specific time period. For example, 2024-03-28 CALL at $410.0 is a CALL option contract on Deere's common stock with a strick price of 410.0 expiring on 2024-03-28. The contract was last traded on 2024-03-27 at 15:51:56 for $1.58 and, as of today, has 0 days remaining before the expiration. The option is currently trading at a bid price of $1.45, and an ask price of $1.76. The implied volatility as of the 28th of March is 23.11. View All Deere options

Closest to current price Deere long CALL Option Payoff at Expiration

Deere's future price is the expected price of Deere instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Deere Company performance during a given time horizon utilizing its historical volatility. Check out Deere Backtesting, Deere Valuation, Deere Correlation, Deere Hype Analysis, Deere Volatility, Deere History as well as Deere Performance.
  
At present, Deere's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.37, whereas Price To Operating Cash Flows Ratio is forecasted to decline to 9.66. Please specify Deere's target price for which you would like Deere odds to be computed.

Deere Target Price Odds to finish below 139.21

The tendency of Deere 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 PriceHorizonTarget PriceOdds to drop to $ 139.21  or more in 90 days
 409.14 90 days 139.21 
near 1
Based on a normal probability distribution, the odds of Deere to drop to $ 139.21  or more in 90 days from now is near 1 (This Deere Company probability density function shows the probability of Deere Stock to fall within a particular range of prices over 90 days) . Probability of Deere Company price to stay between $ 139.21  and its current price of $409.14 at the end of the 90-day period is about 97.0 .
Allowing for the 90-day total investment horizon Deere has a beta of 0.83 suggesting as returns on the market go up, Deere average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Deere Company will be expected to be much smaller as well. Additionally Deere Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Deere Price Density   
       Price  

Predictive Modules for Deere

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deere Company. 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 Deere'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.
Hype
Prediction
LowEstimatedHigh
408.16409.41410.66
Details
Intrinsic
Valuation
LowRealHigh
374.00375.25450.05
Details
Naive
Forecast
LowNextHigh
400.19401.44402.70
Details
29 Analysts
Consensus
LowTargetHigh
381.38419.10465.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Deere. Your research has to be compared to or analyzed against Deere's peers to derive any actionable benefits. When done correctly, Deere's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Deere Company.

Deere Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Deere is not an exception. The market had few large corrections towards the Deere'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 Deere Company, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Deere within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.04
β
Beta against NYSE Composite0.83
σ
Overall volatility
13.28
Ir
Information ratio -0.05

Deere 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 Deere for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Deere Company can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Deere Company is unlikely to experience financial distress in the next 2 years
Over 78.0% of the company shares are held by institutions such as insurance companies
On 8th of February 2024 Deere paid $ 1.47 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: If There Were a Magnificent Seven Purely for AI Stocks, These Would Be My Top Picks

Deere 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 Deere Stock often depends not only on the future outlook of the current and potential Deere'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. Deere's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding286.9 M
Cash And Short Term Investments8.4 B

Deere Technical Analysis

Deere's future price can be derived by breaking down and analyzing its technical indicators over time. Deere Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Deere Company. In general, you should focus on analyzing Deere Stock price patterns and their correlations with different microeconomic environments and drivers.

Deere Predictive Forecast Models

Deere's time-series forecasting models is one of many Deere'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 Deere'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 Deere Company

Checking the ongoing alerts about Deere for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Deere Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Deere Company is unlikely to experience financial distress in the next 2 years
Over 78.0% of the company shares are held by institutions such as insurance companies
On 8th of February 2024 Deere paid $ 1.47 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: If There Were a Magnificent Seven Purely for AI Stocks, These Would Be My Top Picks
When determining whether Deere Company is a strong investment it is important to analyze Deere's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Deere's future performance. For an informed investment choice regarding Deere Stock, refer to the following important reports:
Check out Deere Backtesting, Deere Valuation, Deere Correlation, Deere Hype Analysis, Deere Volatility, Deere History as well as Deere Performance.
Note that the Deere Company information on this page should be used as a complementary analysis to other Deere'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Deere's price analysis, check to measure Deere'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 Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
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Is Deere'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 Deere. If investors know Deere 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 Deere 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
(0.05)
Dividend Share
5.32
Earnings Share
34.31
Revenue Per Share
211.12
Quarterly Revenue Growth
(0.04)
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere'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 Deere's market value can be influenced by many factors that don't directly affect Deere'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 Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere'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.