Trendline (Israel) Probability of Future Stock Price Finishing Under 1558.0
| TREN Stock | 663.50 0.00 0.00% |
Trendline |
Trendline Target Price Odds to finish below 1558.0
The tendency of Trendline 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 under 1,558 after 90 days |
| 663.50 | 90 days | 1,558 | close to 99 |
Based on a normal probability distribution, the odds of Trendline to stay under 1,558 after 90 days from now is close to 99 (This Trendline probability density function shows the probability of Trendline Stock to fall within a particular range of prices over 90 days) . Probability of Trendline price to stay between its current price of 663.50 and 1,558 at the end of the 90-day period is about 98.0 .
Assuming the 90 days trading horizon Trendline has a beta of 0.17. This usually implies as returns on the market go up, Trendline average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Trendline will be expected to be much smaller as well. Additionally Trendline has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Trendline Price Density |
| Price |
Predictive Modules for Trendline
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trendline. 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 Trendline'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.
Trendline Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trendline is not an exception. The market had few large corrections towards the Trendline'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 Trendline, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trendline within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.17 | |
σ | Overall volatility | 24.83 | |
Ir | Information ratio | -0.05 |
Trendline 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 Trendline for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trendline can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trendline generated a negative expected return over the last 90 days | |
| About 67.0% of the company outstanding shares are owned by corporate insiders |
Trendline Technical Analysis
Trendline's future price can be derived by breaking down and analyzing its technical indicators over time. Trendline Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trendline. In general, you should focus on analyzing Trendline Stock price patterns and their correlations with different microeconomic environments and drivers.
Trendline Predictive Forecast Models
Trendline's time-series forecasting models is one of many Trendline'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 Trendline'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 Trendline
Checking the ongoing alerts about Trendline for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trendline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trendline generated a negative expected return over the last 90 days | |
| About 67.0% of the company outstanding shares are owned by corporate insiders |
Check out Trendline Backtesting, Trendline Valuation, Trendline Correlation, Trendline Hype Analysis, Trendline Volatility, Trendline History as well as Trendline Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Trendline Stock analysis
When running Trendline's price analysis, check to measure Trendline'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 Trendline is operating at the current time. Most of Trendline's value examination focuses on studying past and present price action to predict the probability of Trendline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trendline's price. Additionally, you may evaluate how the addition of Trendline to your portfolios can decrease your overall portfolio volatility.
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