United States Steel Stock Probability of Future Stock Price Finishing Over 13.48

X Stock  USD 40.78  0.24  0.59%   
United States' implied volatility is one of the determining factors in the pricing options written on United States Steel. Implied volatility approximates the future value of United States 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 United States Steel over a specific time period. For example, 2024-04-05 CALL at $41.0 is a CALL option contract on United States' common stock with a strick price of 41.0 expiring on 2024-04-05. The contract was last traded on 2024-03-28 at 15:32:03 for $0.75 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $0.57, and an ask price of $0.81. The implied volatility as of the 29th of March is 37.11. View All United options

Closest to current price United long CALL Option Payoff at Expiration

United States' future price is the expected price of United States 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 United States Steel performance during a given time horizon utilizing its historical volatility. Check out United States Backtesting, United States Valuation, United States Correlation, United States Hype Analysis, United States Volatility, United States History as well as United States Performance.
  
At this time, United States' Price Earnings Ratio is fairly stable compared to the past year. Price To Sales Ratio is likely to rise to 0.81 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.22). Please specify United States' target price for which you would like United States odds to be computed.

United States Target Price Odds to finish over 13.48

The tendency of United 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 stay above $ 13.48  in 90 days
 40.78 90 days 13.48 
close to 99
Based on a normal probability distribution, the odds of United States to stay above $ 13.48  in 90 days from now is close to 99 (This United States Steel probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) . Probability of United States Steel price to stay between $ 13.48  and its current price of $40.78 at the end of the 90-day period is nearly 4.37 .
Taking into account the 90-day investment horizon United States has a beta of 0.6. This entails as returns on the market go up, United States average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding United States Steel will be expected to be much smaller as well. Additionally United States Steel has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   United States Price Density   
       Price  

Predictive Modules for United States

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as United States Steel. 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 United States' 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
38.7740.7642.75
Details
Intrinsic
Valuation
LowRealHigh
32.8434.8344.86
Details
Naive
Forecast
LowNextHigh
39.4141.4043.38
Details
9 Analysts
Consensus
LowTargetHigh
25.1227.6030.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as United States. Your research has to be compared to or analyzed against United States' peers to derive any actionable benefits. When done correctly, United States' 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 United States Steel.

United States Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. United States is not an exception. The market had few large corrections towards the United States' 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 United States Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of United States within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.31
β
Beta against NYSE Composite0.60
σ
Overall volatility
3.02
Ir
Information ratio -0.19

United States 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 United States for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for United States Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
United States Steel generated a negative expected return over the last 90 days
United States Steel has a strong financial position based on the latest SEC filings
Over 85.0% of the company outstanding shares are owned by institutional investors
On 13th of March 2024 United States paid $ 0.05 per share dividend to its current shareholders
Latest headline from seekingalpha.com: US Steel edges higher as traders suggest Nippon Steel deal may not be dead

United States 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 United Stock often depends not only on the future outlook of the current and potential United States' 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. United States' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding255.4 M
Cash And Short Term Investments2.9 B

United States Technical Analysis

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

United States Predictive Forecast Models

United States' time-series forecasting models is one of many United States' 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 United States' 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 United States Steel

Checking the ongoing alerts about United States for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for United States Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
United States Steel generated a negative expected return over the last 90 days
United States Steel has a strong financial position based on the latest SEC filings
Over 85.0% of the company outstanding shares are owned by institutional investors
On 13th of March 2024 United States paid $ 0.05 per share dividend to its current shareholders
Latest headline from seekingalpha.com: US Steel edges higher as traders suggest Nippon Steel deal may not be dead
When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:
Check out United States Backtesting, United States Valuation, United States Correlation, United States Hype Analysis, United States Volatility, United States History as well as United States Performance.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running United States' price analysis, check to measure United States' 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 United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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Is United States' 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 United States. If investors know United 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 United States 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
(0.35)
Dividend Share
0.2
Earnings Share
3.56
Revenue Per Share
80.321
Quarterly Revenue Growth
(0.04)
The market value of United States Steel is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.