Avangrid Stock Odds of Future Stock Price Finishing Under 34.93
| AGR Stock | USD 36.62 0.07 0.19% |
Closest to current price Avangrid long CALL Option Payoff at Expiration
Avangrid |
Avangrid Target Price Odds to finish below 34.93
The tendency of Avangrid 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 $ 34.93 or more in 90 days |
| 36.62 | 90 days | 34.93 | about 63.55 |
Based on a normal probability distribution, the odds of Avangrid to drop to $ 34.93 or more in 90 days from now is about 63.55 (This Avangrid probability density function shows the probability of Avangrid Stock to fall within a particular range of prices over 90 days) . Probability of Avangrid price to stay between $ 34.93 and its current price of $36.62 at the end of the 90-day period is about 19.97 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.11 . This suggests Avangrid market returns are sensible to returns on the market. As the market goes up or down, Avangrid is expected to follow. Additionally Avangrid has an alpha of 0.2456, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Avangrid Price Density |
| Price |
Predictive Modules for Avangrid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avangrid. 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 Avangrid'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.
Avangrid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avangrid is not an exception. The market had few large corrections towards the Avangrid'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 Avangrid, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avangrid within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | 1.11 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | 0.13 |
Avangrid 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 Avangrid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avangrid 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 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Avangrid has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avangrid until it has trouble settling it off, either with new capital or with free cash flow. So, Avangrid'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 Avangrid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avangrid to invest in growth at high rates of return. When we think about Avangrid's use of debt, we should always consider it together with cash and equity. | |
| About 82.0% of Avangrid shares are held by company insiders | |
| On 1st of April 2024 Avangrid paid $ 0.44 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Avangrids Innovative Condor Conservation Plan Contributes to Rearing of 12 California Condors |
Avangrid 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 Avangrid Stock often depends not only on the future outlook of the current and potential Avangrid'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. Avangrid's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 387.2 M | |
| Cash And Short Term Investments | 91 M |
Avangrid Technical Analysis
Avangrid's future price can be derived by breaking down and analyzing its technical indicators over time. Avangrid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avangrid. In general, you should focus on analyzing Avangrid Stock price patterns and their correlations with different microeconomic environments and drivers.
Avangrid Predictive Forecast Models
Avangrid's time-series forecasting models is one of many Avangrid'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 Avangrid'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 Avangrid
Checking the ongoing alerts about Avangrid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avangrid 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 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Avangrid has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avangrid until it has trouble settling it off, either with new capital or with free cash flow. So, Avangrid'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 Avangrid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avangrid to invest in growth at high rates of return. When we think about Avangrid's use of debt, we should always consider it together with cash and equity. | |
| About 82.0% of Avangrid shares are held by company insiders | |
| On 1st of April 2024 Avangrid paid $ 0.44 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Avangrids Innovative Condor Conservation Plan Contributes to Rearing of 12 California Condors |
Check out Avangrid Backtesting, Avangrid Valuation, Avangrid Correlation, Avangrid Hype Analysis, Avangrid Volatility, Avangrid History as well as Avangrid Performance. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Avangrid Stock analysis
When running Avangrid's price analysis, check to measure Avangrid'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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.
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Is Avangrid'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 Avangrid. If investors know Avangrid 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 Avangrid 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 0.44 | Dividend Share 1.76 | Earnings Share 2.31 | Revenue Per Share 21.352 | Quarterly Revenue Growth (0.02) |
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid'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 Avangrid's market value can be influenced by many factors that don't directly affect Avangrid'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 Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid'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.