Topbuild Corp Stock Probability of Future Stock Price Finishing Over 388.27
| BLD Stock | USD 388.27 6.86 1.74% |
Closest to current price Topbuild long CALL Option Payoff at Expiration
Topbuild |
Topbuild Corp Target Price Odds to finish over 388.27
The tendency of Topbuild 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 move above the current price in 90 days |
| 388.27 | 90 days | 388.27 | about 73.91 |
Based on a normal probability distribution, the odds of Topbuild Corp to move above the current price in 90 days from now is about 73.91 (This Topbuild Corp probability density function shows the probability of Topbuild Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.29 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Topbuild Corp will likely underperform. Additionally Topbuild Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Topbuild Corp Price Density |
| Price |
Predictive Modules for Topbuild Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Topbuild Corp. 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 Topbuild Corp'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.
Topbuild Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Topbuild Corp is not an exception. The market had few large corrections towards the Topbuild Corp'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 Topbuild Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Topbuild Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 2.29 | |
σ | Overall volatility | 22.96 | |
Ir | Information ratio | 0.01 |
Topbuild Corp 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 Topbuild Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Topbuild Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Why TopBuild Could Beat Earnings Estimates Again |
Topbuild Corp 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 Topbuild Stock often depends not only on the future outlook of the current and potential Topbuild Corp'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. Topbuild Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.8 M |
Topbuild Corp Technical Analysis
Topbuild Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Topbuild Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Topbuild Corp. In general, you should focus on analyzing Topbuild Stock price patterns and their correlations with different microeconomic environments and drivers.
Topbuild Corp Predictive Forecast Models
Topbuild Corp's time-series forecasting models is one of many Topbuild Corp'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 Topbuild Corp'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 Topbuild Corp
Checking the ongoing alerts about Topbuild Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Topbuild Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Why TopBuild Could Beat Earnings Estimates Again |
Check out Topbuild Corp Backtesting, Topbuild Corp Valuation, Topbuild Corp Correlation, Topbuild Corp Hype Analysis, Topbuild Corp Volatility, Topbuild Corp History as well as Topbuild Corp Performance. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running Topbuild Corp's price analysis, check to measure Topbuild Corp'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 Topbuild Corp is operating at the current time. Most of Topbuild Corp's value examination focuses on studying past and present price action to predict the probability of Topbuild Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topbuild Corp's price. Additionally, you may evaluate how the addition of Topbuild Corp to your portfolios can decrease your overall portfolio volatility.
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Is Topbuild Corp'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 Topbuild Corp. If investors know Topbuild 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 Topbuild Corp 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 0.019 | Earnings Share 19.32 | Revenue Per Share 164.402 | Quarterly Revenue Growth 0.017 | Return On Assets 0.1145 |
The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp'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 Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp'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 Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp'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.