Aaon Inc Stock Chance of Future Stock Price Finishing Under 79.62
| AAON Stock | USD 109.15 1.32 1.22% |
AAON |
AAON Target Price Odds to finish below 79.62
The tendency of AAON 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 $ 79.62 or more in 90 days |
| 109.15 | 90 days | 79.62 | nearly 4.18 |
Based on a normal probability distribution, the odds of AAON to drop to $ 79.62 or more in 90 days from now is nearly 4.18 (This AAON Inc probability density function shows the probability of AAON Stock to fall within a particular range of prices over 90 days) . Probability of AAON Inc price to stay between $ 79.62 and its current price of $109.15 at the end of the 90-day period is under 95 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.3 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, AAON will likely underperform. Additionally AAON Inc has an alpha of 0.2224, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AAON Price Density |
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Predictive Modules for AAON
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AAON Inc. 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 AAON'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.
AAON Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AAON is not an exception. The market had few large corrections towards the AAON'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 AAON Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AAON within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 1.30 | |
σ | Overall volatility | 7.63 | |
Ir | Information ratio | 0.12 |
AAON 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 AAON for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AAON Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 74.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of September 2024 AAON paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 66750 shares by Norman Asbjornson of AAON subject to Rule 16b-3 |
AAON 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 AAON Stock often depends not only on the future outlook of the current and potential AAON'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. AAON's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.3 M | |
| Cash And Short Term Investments | 287 K |
AAON Technical Analysis
AAON's future price can be derived by breaking down and analyzing its technical indicators over time. AAON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AAON Inc. In general, you should focus on analyzing AAON Stock price patterns and their correlations with different microeconomic environments and drivers.
AAON Predictive Forecast Models
AAON's time-series forecasting models is one of many AAON'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 AAON'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 AAON Inc
Checking the ongoing alerts about AAON for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AAON Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 74.0% of the company shares are held by institutions such as insurance companies | |
| On 27th of September 2024 AAON paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 66750 shares by Norman Asbjornson of AAON subject to Rule 16b-3 |
Additional Information and Resources on Investing in AAON Stock
When determining whether AAON Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AAON's 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 Aaon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aaon Inc Stock:Check out AAON Backtesting, AAON Valuation, AAON Correlation, AAON Hype Analysis, AAON Volatility, AAON History as well as AAON Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Building Products space 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 AAON. If investors know AAON 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 AAON 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 (0.69) | Dividend Share 0.32 | Earnings Share 2.23 | Revenue Per Share 14.709 | Quarterly Revenue Growth 0.168 |
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON'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 AAON's market value can be influenced by many factors that don't directly affect AAON'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 AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON'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.