Floor Decor Holdings Stock Probability of Future Stock Price Finishing Under 71.15
| FND Stock | USD 108.43 0.29 0.27% |
Closest to current price Floor long CALL Option Payoff at Expiration
Floor |
Floor Decor Target Price Odds to finish below 71.15
The tendency of Floor 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 $ 71.15 or more in 90 days |
| 108.43 | 90 days | 71.15 | near 1 |
Based on a normal probability distribution, the odds of Floor Decor to drop to $ 71.15 or more in 90 days from now is near 1 (This Floor Decor Holdings probability density function shows the probability of Floor Stock to fall within a particular range of prices over 90 days) . Probability of Floor Decor Holdings price to stay between $ 71.15 and its current price of $108.43 at the end of the 90-day period is about 21.95 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.68 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Floor Decor will likely underperform. Additionally Floor Decor Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Floor Decor Price Density |
| Price |
Predictive Modules for Floor Decor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Floor Decor Holdings. 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 Floor Decor'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.
Floor Decor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Floor Decor is not an exception. The market had few large corrections towards the Floor Decor'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 Floor Decor Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Floor Decor within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 2.68 | |
σ | Overall volatility | 8.73 | |
Ir | Information ratio | 0.01 |
Floor Decor 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 Floor Decor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Floor Decor Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Floor Decor Holdings has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Floor Decor Holdings, Inc. Announces First Quarter Fiscal 2024 Earnings Conference Call |
Floor Decor 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 Floor Stock often depends not only on the future outlook of the current and potential Floor Decor'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. Floor Decor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.9 M | |
| Cash And Short Term Investments | 34.4 M |
Floor Decor Technical Analysis
Floor Decor's future price can be derived by breaking down and analyzing its technical indicators over time. Floor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Floor Decor Holdings. In general, you should focus on analyzing Floor Stock price patterns and their correlations with different microeconomic environments and drivers.
Floor Decor Predictive Forecast Models
Floor Decor's time-series forecasting models is one of many Floor Decor'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 Floor Decor'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 Floor Decor Holdings
Checking the ongoing alerts about Floor Decor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Floor Decor Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Floor Decor Holdings has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Floor Decor Holdings, Inc. Announces First Quarter Fiscal 2024 Earnings Conference Call |
Check out Floor Decor Backtesting, Floor Decor Valuation, Floor Decor Correlation, Floor Decor Hype Analysis, Floor Decor Volatility, Floor Decor History as well as Floor Decor Performance. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Floor Stock analysis
When running Floor Decor's price analysis, check to measure Floor Decor'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 Floor Decor is operating at the current time. Most of Floor Decor's value examination focuses on studying past and present price action to predict the probability of Floor Decor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Floor Decor's price. Additionally, you may evaluate how the addition of Floor Decor to your portfolios can decrease your overall portfolio volatility.
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Is Floor Decor'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 Floor Decor. If investors know Floor 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 Floor Decor 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 (0.48) | Earnings Share 2.28 | Revenue Per Share 41.537 | Return On Assets 0.0451 | Return On Equity 0.1371 |
The market value of Floor Decor Holdings is measured differently than its book value, which is the value of Floor that is recorded on the company's balance sheet. Investors also form their own opinion of Floor Decor's value that differs from its market value or its book value, called intrinsic value, which is Floor Decor'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 Floor Decor's market value can be influenced by many factors that don't directly affect Floor Decor'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 Floor Decor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floor Decor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floor Decor'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.