Aerojet Rocketdyne Holdings Probability of Future Stock Price Finishing Over 59.03
| AJRDDelisted Stock | USD 56.22 0.02 0.04% |
Aerojet |
Aerojet Rocketdyne Target Price Odds to finish over 59.03
The tendency of Aerojet 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 over $ 59.03 or more in 90 days |
| 56.22 | 90 days | 59.03 | near 1 |
Based on a normal probability distribution, the odds of Aerojet Rocketdyne to move over $ 59.03 or more in 90 days from now is near 1 (This Aerojet Rocketdyne Holdings probability density function shows the probability of Aerojet Stock to fall within a particular range of prices over 90 days) . Probability of Aerojet Rocketdyne price to stay between its current price of $ 56.22 and $ 59.03 at the end of the 90-day period is about 15.28 .
Given the investment horizon of 90 days Aerojet Rocketdyne Holdings has a beta of -0.0745. This suggests as returns on the benchmark increase, returns on holding Aerojet Rocketdyne are expected to decrease at a much lower rate. During a bear market, however, Aerojet Rocketdyne Holdings is likely to outperform the market. Additionally Aerojet Rocketdyne Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Aerojet Rocketdyne Price Density |
| Price |
Predictive Modules for Aerojet Rocketdyne
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aerojet Rocketdyne. 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 Aerojet Rocketdyne'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.
Aerojet Rocketdyne Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aerojet Rocketdyne is not an exception. The market had few large corrections towards the Aerojet Rocketdyne'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 Aerojet Rocketdyne Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aerojet Rocketdyne within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0079 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | -0.27 |
Aerojet Rocketdyne 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 Aerojet Rocketdyne for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aerojet Rocketdyne can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aerojet Rocketdyne is not yet fully synchronised with the market data | |
| Aerojet Rocketdyne has a very high chance of going through financial distress in the upcoming years | |
| Aerojet Rocketdyne Holdings currently holds about 343.7 M in cash with (48.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.28. | |
| Over 96.0% of the company shares are held by institutions such as insurance companies |
Aerojet Rocketdyne 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 Aerojet Stock often depends not only on the future outlook of the current and potential Aerojet Rocketdyne'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. Aerojet Rocketdyne'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 | 332.6 M |
Aerojet Rocketdyne Technical Analysis
Aerojet Rocketdyne's future price can be derived by breaking down and analyzing its technical indicators over time. Aerojet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aerojet Rocketdyne Holdings. In general, you should focus on analyzing Aerojet Stock price patterns and their correlations with different microeconomic environments and drivers.
Aerojet Rocketdyne Predictive Forecast Models
Aerojet Rocketdyne's time-series forecasting models is one of many Aerojet Rocketdyne'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 Aerojet Rocketdyne'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 Aerojet Rocketdyne
Checking the ongoing alerts about Aerojet Rocketdyne for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aerojet Rocketdyne help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aerojet Rocketdyne is not yet fully synchronised with the market data | |
| Aerojet Rocketdyne has a very high chance of going through financial distress in the upcoming years | |
| Aerojet Rocketdyne Holdings currently holds about 343.7 M in cash with (48.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.28. | |
| Over 96.0% of the company shares are held by institutions such as insurance companies |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Aerojet Stock
If you are still planning to invest in Aerojet Rocketdyne check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aerojet Rocketdyne's history and understand the potential risks before investing.
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